Sold STC Flat

FLAT 1

338 MARE STREET, LONDON, GREATER LONDON E8 1HA

2 beds 1 baths 54 m² Listed 18 Sep 2025 (-305d)

£450,000

Save

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Property details

Tenure

LEASEHOLD (113 years remaining on lease)

Floor area

54 m²

Council tax band

B

Last sold

£445,000 Apr 2021

Local average

£562,428 (-20%)

Deprivation

Decile 3 (9,155 of 33,755)

Street crime

1640 incidents within 1 mile (May 2026)

Key features

  • Situated in the heart of Hackney Central
  • Light filled apartment
  • Open plan living
  • Secondary glazing for excellent sound proofing
  • Modernised in recent years
  • Moments from Hackney Central Station
  • High ceilings

Description

The Home -

This two-bedroom flat has been the subject of a carefully considered renovation in recent years. Thoughtfully executed by the current owner, its living spaces beam with natural light and a tasteful colour palette throughout compliments the interior. The apartment has far reaching views and is situated in the heart of Hackney Central, with its excellent shops, cafés, and restaurants.

The Indoors -

This apartment lies on the second floor, and makes excellent use of its end of terrace position. Entry is to a hallway, there is storage for coats and shoes. Notably high ceilings and laminate flooring leads the way to the open-plan kitchen/living/dining room, which occupies the rear of the plan.

The kitchen extends along two walls and separates the room perfectly, made up of smart cabinetry, light grey doors and worktops. The room has a warm cosy feel and is flooded with natural light through the dual aspect windows. There is ample space for living and dining with an additional area for designated all important storage.

At the front of the space is the main bedroom with laminate flooring underfoot and ample room for storage. Three generous windows allow light to flood the room whilst secondary glazing assists with sound proofing. The second bedroom offers the perfect space to use either as a home office or guest room with leafy views over St Johns Church. A beautiful mix of contemporary and traditional design, the bathroom has been decorated with white metro style tiles and offers a separate shower and built in bath.

Loving The Location -

The apartment is close to the popular green spaces of London Fields, Hackney Downs and Victoria Park. There are many fantastic restaurants locally, notably Lardo and Raw Duck on Richmond Road, and Pidgin and Violet on Wilton Way. Weekly markets take place at Victoria Park and and Broadway Market, which is a short walk away, along the Regent’s Canal Path. E5 Bakehouse, on the edge of London Fields, is excellent for freshly baked artisan bread.

Hackney Central runs direct services to Stratford and Highbury & Islington on the London Overground, whilst Hackney Downs also offers direct trains to Liverpool Street. Bethnal Green Underground Station, easily accessible by bus, has excellent links to central London via the Central Line.

Listed by

Hackney

Love Living Ltd

Reference: 167137289

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Mare-Street-01.jpg

Mare-Street-01.jpg

EPC Graphs

EE Rating

EE Rating

Price history

Event Date Price % change
Sold 08/04/2021 (5 years ago) £445,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
BLACKBURN HOUSE 21 PRODIGAL SQUARE, LONDON, HACKNEY, GREATER LONDON, E8 1FW £590,000 17/12/2025 Flat
Same street 336 MARE STREET, LONDON, HACKNEY, GREATER LONDON, E8 1HA £855,000 29/09/2025 Terraced
331 FLAT G MARE STREET, LONDON, HACKNEY, GREATER LONDON, E8 1HY £405,000 31/01/2025 Flat
BLACKBURN HOUSE 14 PRODIGAL SQUARE, LONDON, HACKNEY, GREATER LONDON, E8 1FW £589,500 18/12/2023 Flat
27A BRETT ROAD, LONDON, HACKNEY, GREATER LONDON, E8 1JP £470,000 04/12/2023 Flat
1C FIRST FLOOR FLAT KENMURE ROAD, LONDON, HACKNEY, GREATER LONDON, E8 1JU £600,000 25/10/2023 Flat
193B GRAHAM ROAD, LONDON, HACKNEY, GREATER LONDON, E8 1PE £430,000 31/05/2023 Flat
197 FLAT 2 GRAHAM ROAD, LONDON, HACKNEY, GREATER LONDON, E8 1PE £510,000 11/04/2023 Flat
1A FLAT 2 BRETT ROAD, LONDON, HACKNEY, GREATER LONDON, E8 1JP £270,000 28/02/2023 Flat
1A FLAT 1 BRETT ROAD, LONDON, HACKNEY, GREATER LONDON, E8 1JP £233,000 28/02/2023 Flat
118 TRELAWNEY ESTATE, LONDON, HACKNEY, GREATER LONDON, E9 6PG £185,000 24/02/2023 Flat
10B BRETT ROAD, LONDON, HACKNEY, GREATER LONDON, E8 1JP £350,000 16/12/2022 Flat
QUESTED COURT FLAT 27 BRETT ROAD, LONDON, HACKNEY, GREATER LONDON, E8 1JS £509,000 11/11/2022 Flat
COLONNADES APARTMENTS, 35 APARTMENT 30 SYLVESTER ROAD, LONDON, HACKNEY, GREATER LONDON, E8 1EP £1,030,000 26/10/2022 Flat
BLACKBURN HOUSE 12 PRODIGAL SQUARE, LONDON, HACKNEY, GREATER LONDON, E8 1FW £390,000 20/10/2022 Flat
APEX HOUSE, 2 FLAT 5 SYLVESTER ROAD, LONDON, HACKNEY, GREATER LONDON, E8 1EP £620,000 28/09/2022 Flat
13A BRETT ROAD, LONDON, HACKNEY, GREATER LONDON, E8 1JP £416,600 28/09/2022 Flat
16 FLAT 2 GOULD TERRACE, LONDON, HACKNEY, GREATER LONDON, E8 1JX £375,000 22/09/2022 Flat
16 FLAT 1 GOULD TERRACE, LONDON, HACKNEY, GREATER LONDON, E8 1JX £400,000 22/09/2022 Flat
16 FLAT 3 GOULD TERRACE, LONDON, HACKNEY, GREATER LONDON, E8 1JX £550,000 22/09/2022 Flat
SYLVESTER HOUSE FLAT 60 SYLVESTER ROAD, LONDON, HACKNEY, GREATER LONDON, E8 1ET £440,000 31/08/2022 Flat
Same street 308A FLAT 1 MARE STREET, LONDON, HACKNEY, GREATER LONDON, E8 1HA £431,000 22/07/2022 Flat
Same street 338 FLAT 3 MARE STREET, LONDON, HACKNEY, GREATER LONDON, E8 1HA £332,500 26/05/2022 Flat
Same street 308A FLAT 5 MARE STREET, LONDON, HACKNEY, GREATER LONDON, E8 1HA £310,000 20/08/2021 Flat

Street average: £482,125 (4 sales)

Area average: £468,155 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 3.8%
10y growth 18.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Hackney. Series: Flats and maisonettes. As of April 2026.

1y (index) 0.6%
5y (index) 4.4%
10y (index) 8.2%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: STIRLING ACKROYD GROUP LIMITED (02653200)

Rental Range

Estimated market rent for Hackney. Low = conservative, Realistic = average, Optimistic = best case.

Low £2,360/mo
Realistic £2,622/mo
Optimistic £2,884/mo

Based on Local Authority from postcode lookup → Hackney.

LHA (30th percentile) floor for Inner East London: £1,745/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Paper Dress Vintage 0.0 miles
Shop Outdoor People 0.0 miles
Bus stop Hackney Central Station 0.1 miles
Bus stop Hackney Central / Mare Street 0.1 miles
Train station Hackney Central 0.1 miles
Train station Hackney Downs 0.3 miles
Hospital Moorfields at Hoxton 1.7 miles
University University of Wales Trinity Saint David London 1.9 miles
University Arden University Stratford Campus 1.9 miles
Hospital Medlabs Diagnostics 3.1 miles

Street-level crime

Category Count
Violence and sexual offences 421
Anti-social behaviour 327
Shoplifting 197
Theft from the person 147
Other theft 111
Public order 104
Vehicle crime 77
Drugs 64
Burglary 61
Bicycle theft 54
Robbery 54
Other crime 10
Possession of weapons 8
Criminal damage and arson 5
Total incidents 1640

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
The Urswick School - A Church of England Secondary School Secondary 0.2 miles Good — 25 Jan 2024
Morningside Primary School Primary 0.2 miles Outstanding — 20 Jul 2017
The Olive School, Hackney Primary 0.2 miles Outstanding — 10 Jun 2015
St John and St James CofE Primary School Primary 0.2 miles Outstanding — 12 Jun 2024
The City Academy, Hackney Secondary 0.3 miles Good — 14 Jun 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, London, E8 £4,200/mo 2 0.39 miles OpenRent

Average rent: £4,200/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.93%
Max investor price (0.8%) £525,000
Target investor price (1%) £420,000
Gross yield 11.2%
Cost-to-rent ratio 8.9×
Monthly cashflow £1,983/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 18.2%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).