49, ALBION DRIVE, LONDON, E8 4LT - £1,350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

49 ALBION DRIVE is a small extended detached house of 117m², built sometime before 1900, which could now be worth an estimated £1,514,218. It was last sold for £1,350,000 in June 2021, which was around 14% above the average June 2021 detached price in the Hackney local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

49 ALBION DRIVE Sold Prices

Land registry data shows two sales for 49 ALBION DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hackney local authority area for the corresponding sale date. Both of the two 49 ALBION DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 3 JUN	£1,350,000	£1,182,230	14% above HPI
2011 1 APR	£765,000	£616,083	24% above HPI

49 ALBION DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hackney local authority area over time, sourced from the HPI. The two 49 ALBION DRIVE sales from April 2011 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2011 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 49 ALBION DRIVE be worth now?

49 ALBION DRIVE might now be worth an estimated £1,514,218.

This is based on house price inflation of 12.2%, between June 2021 and February 2025, for detached houses, in the Hackney local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.2% inflationary increase is applied to the most recent sale price for 49 ALBION DRIVE of £1,350,000 on 3rd June 2021. For the value to have increased from £1,350,000 to £1,514,218 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 49 ALBION DRIVE has moved in line with the HPI for detached houses in the Hackney local authority area.
• The June 2021 sale price of £1,350,000 represented a fair market value for the property.
• The size, condition, and specification of 49 ALBION DRIVE has not materially changed since June 2021.

How Large is 49 ALBION DRIVE?

49 ALBION DRIVE is 117m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the smallest 40% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 49 ALBION DRIVE lies on this distribution: 32% of detached houses houses are smaller than 49 ALBION DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in London.

49 ALBION DRIVE: Plot and Title Map

49 ALBION DRIVE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 49 ALBION DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 49 ALBION DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 49 ALBION DRIVE?

49 ALBION DRIVE is located in LONDON, in the E8 postcode district. The below map shows the position of No. 49 on ALBION DRIVE.