Sold Flat

FLAT 2

HANOVER COURT, 5, STEAN STREET, LONDON, GREATER LONDON E8 4ED

2 beds 1 baths 732 sq ft Listed 14 Mar 2025 (-449d)

£125,000

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# 2 bedroom flat for sale (E8 4ED)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 2, HANOVER COURT, 5, STEAN STREET, LONDON, GREATER LONDON E8 4ED |
| Price | £125,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | D |
| Construction age | England and Wales: 2012 onwards |
| Floor area | 68 m² |
| Last sold | £125,000 Aug 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Current heating cost:** £371/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/5600-8076-0822-8425-3953)

## Description

SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £500,000). This smartly-presented flat is on the first floor of a modern development just to the north of Regent's Canal. The property has a twenty-five-foot reception room with open-plan kitchen area and a door that leads out onto the balcony. There is a large main bedroom plus a second, good-sized, double bedroom. The hallway and three principle rooms all feature attractive, wood-strip flooring. There is a stylish, fully-tiled bathroom and an additional WC. Well insulated walls, modern double glazing and gas central heating make for a good energy-efficiency rating. Hanover Court is just minutes from Haggerston Station, for the London Overground, and only a short walk from a range of cafes, restaurants and bars. Stations/locations such as Old Street and Liverpool Street are also within easy reach.

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM

## Property Photos

- ![Photo](/listings/photos/159410375/625448)
- ![Photo](/listings/photos/159410375/625450)
- ![Photo](/listings/photos/159410375/625453)
- ![Photo](/listings/photos/159410375/625456)
- ![Photo](/listings/photos/159410375/625458)
- ![Photo](/listings/photos/159410375/625460)
- ![Photo](/listings/photos/159410375/625461)
- ![Photo](/listings/photos/159410375/625462)
- ![Photo](/listings/photos/159410375/625463)
- ![Photo](/listings/photos/159410375/625464)
- ![Photo](/listings/photos/159410375/625465)

## Floorplans

- ![Floorplan 1](/listings/photos/159410375/625466) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/159410375/625467) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| HANOVER COURT, 5 FLAT 2 STEAN STREET, LONDON, HACKNEY, GREATER LONDON, E8 4ED | £125,000 | 15/08/2025 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| BENYON WHARF, 295 UNIT 24 KINGSLAND ROAD, LONDON, HACKNEY, GREATER LONDON, E8 4DQ | £730,000 | 01/12/2025 | Flat |
| 42 BALTIC PLACE, LONDON, HACKNEY, GREATER LONDON, N1 5AQ | £605,000 | 20/11/2025 | Flat |
| 1 FLAT 13 DUNSTON ROAD, LONDON, HACKNEY, GREATER LONDON, E8 4FA | £140,000 | 14/12/2023 | Flat |
| ERMINE MEWS, 5 FLAT 13 LABURNUM STREET, LONDON, HACKNEY, GREATER LONDON, E2 8BF | £530,000 | 05/12/2023 | Flat |
| TIMBER WHARF, 240 21 KINGSLAND ROAD, LONDON, HACKNEY, GREATER LONDON, E2 8AT | £570,950 | 20/11/2023 | Flat |
| 12 LOANDA CLOSE, LONDON, HACKNEY, GREATER LONDON, E8 4EL | £435,000 | 29/09/2023 | Flat |
| 1 FLAT 24 DUNSTON ROAD, LONDON, HACKNEY, GREATER LONDON, E8 4FA | £430,000 | 29/09/2023 | Flat |
| 1 UNIT 6 BALTIC PLACE, LONDON, HACKNEY, GREATER LONDON, N1 5AQ | £320,000 | 14/08/2023 | Flat |
| SHELDON HOUSE FLAT 15 BALTIC PLACE, LONDON, HACKNEY, GREATER LONDON, N1 5AQ | £550,000 | 14/04/2023 | Flat |
| 8 CANAL PATH, LONDON, HACKNEY, GREATER LONDON, E2 8BS | £565,000 | 23/11/2022 | Flat |
| TIMBER WHARF, 240 10 KINGSLAND ROAD, LONDON, HACKNEY, GREATER LONDON, E2 8AT | £650,000 | 20/11/2022 | Flat |
| AMBER WHARF, 3 FLAT 4 NURSERY LANE, LONDON, HACKNEY, GREATER LONDON, E2 8AU | £531,000 | 11/11/2022 | Flat |
| 8 BALTIC PLACE, LONDON, HACKNEY, GREATER LONDON, N1 5AQ | £462,000 | 03/11/2022 | Flat |
| 34 CLARISSA STREET, LONDON, HACKNEY, GREATER LONDON, E8 4FJ | £721,100 | 26/09/2022 | Flat |
| 21 BALTIC PLACE, LONDON, HACKNEY, GREATER LONDON, N1 5AQ | £610,000 | 25/07/2022 | Flat |
| 28 BALTIC PLACE, LONDON, HACKNEY, GREATER LONDON, N1 5AQ | £560,000 | 20/05/2022 | Flat |
| 279 FLAT 5 KINGSLAND ROAD, LONDON, HACKNEY, GREATER LONDON, E2 8AS | £310,000 | 04/03/2022 | Flat |
| 22 MARY SEACOLE CLOSE, LONDON, HACKNEY, GREATER LONDON, E8 4TA | £456,000 | 01/12/2021 | Flat |
| 280 FLAT A KINGSLAND ROAD, LONDON, HACKNEY, GREATER LONDON, E8 4DG | £850,000 | 30/09/2021 | Flat |
| AMBER WHARF, 3 FLAT 13 NURSERY LANE, LONDON, HACKNEY, GREATER LONDON, E2 8AU | £250,000 | 19/08/2021 | Flat |

**Area average:** £513,803 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £570,726 (66 Flat, E8, 2024–2026)
- **Deviation:** -78.1%

## Rental Range

*ONS Price Index of Private Rents (Hackney). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £2,354/mo
- **Realistic:** £2,615/mo
- **Optimistic:** £2,877/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Inner East London (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,745/mo

## 1% Rule

- **Rent ratio:** 2.09% (strong)
- **Max investor price (0.8%):** £326,875
- **Target investor price (1%):** £261,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Price per Square Metre

- **£/m²:** £1,838/m²

## Capital growth trend

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

- **5y growth:** 0.4%
- **10y growth:** 16.3%

## House Price Index (HM Land Registry)

*Official index for Hackney; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -2.2%
- **5y growth (index):** 1.4%
- **10y growth (index):** 1.9%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Listing type

Shared ownership

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11

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Property details

Listing category

Shared ownership

Tenure

LEASEHOLD

Floor area

68 m²

Council tax band

EPC rating

Year built

England and Wales: 2012 onwards

Last sold

£125,000 Aug 2025

Price per m²

£1,838/m²

Local average

£570,726 (-78.1%)

Deprivation

Decile 3 (9,100 of 33,755)

Street crime

1958 incidents within 1 mile (Mar 2026)

Key features

Guideline Minimum Deposit £12,500
Guide Min Income Dual £48.9k | Single £56k
First Floor (building has a lift)
Approx. 752 Sqft Gross Internal Area
Open Plan Kitchen/Reception Room
Modern Double Glazing and Gas Central Heating
Balcony
Minutes from Haggerston Station

Additional details

Electricity: Mains supply
Water: Mains supply
Sewerage: Mains supply
Heating: Gas central
Listed property: No
Restrictions: No
Required access: No
Rights of way: No
Flooded in last 5 years: No
Flood defences: No

Description

Listed by

Nationwide

Urban Moves Ltd

Reference: 159410375

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 23/01/2025

Current heating cost: £371/year

Potential heating cost: £371/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC 1

Price history

Event	Date	Price	% change
Sold	15/08/2025 (9 months ago)	£125,000	—

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
BENYON WHARF, 295 UNIT 24 KINGSLAND ROAD, LONDON, HACKNEY, GREATER LONDON, E8 4DQ	£730,000	01/12/2025	Flat
42 BALTIC PLACE, LONDON, HACKNEY, GREATER LONDON, N1 5AQ	£605,000	20/11/2025	Flat
1 FLAT 13 DUNSTON ROAD, LONDON, HACKNEY, GREATER LONDON, E8 4FA	£140,000	14/12/2023	Flat
ERMINE MEWS, 5 FLAT 13 LABURNUM STREET, LONDON, HACKNEY, GREATER LONDON, E2 8BF	£530,000	05/12/2023	Flat
TIMBER WHARF, 240 21 KINGSLAND ROAD, LONDON, HACKNEY, GREATER LONDON, E2 8AT	£570,950	20/11/2023	Flat
12 LOANDA CLOSE, LONDON, HACKNEY, GREATER LONDON, E8 4EL	£435,000	29/09/2023	Flat
1 FLAT 24 DUNSTON ROAD, LONDON, HACKNEY, GREATER LONDON, E8 4FA	£430,000	29/09/2023	Flat
1 UNIT 6 BALTIC PLACE, LONDON, HACKNEY, GREATER LONDON, N1 5AQ	£320,000	14/08/2023	Flat
SHELDON HOUSE FLAT 15 BALTIC PLACE, LONDON, HACKNEY, GREATER LONDON, N1 5AQ	£550,000	14/04/2023	Flat
8 CANAL PATH, LONDON, HACKNEY, GREATER LONDON, E2 8BS	£565,000	23/11/2022	Flat
TIMBER WHARF, 240 10 KINGSLAND ROAD, LONDON, HACKNEY, GREATER LONDON, E2 8AT	£650,000	20/11/2022	Flat
AMBER WHARF, 3 FLAT 4 NURSERY LANE, LONDON, HACKNEY, GREATER LONDON, E2 8AU	£531,000	11/11/2022	Flat
8 BALTIC PLACE, LONDON, HACKNEY, GREATER LONDON, N1 5AQ	£462,000	03/11/2022	Flat
34 CLARISSA STREET, LONDON, HACKNEY, GREATER LONDON, E8 4FJ	£721,100	26/09/2022	Flat
21 BALTIC PLACE, LONDON, HACKNEY, GREATER LONDON, N1 5AQ	£610,000	25/07/2022	Flat
28 BALTIC PLACE, LONDON, HACKNEY, GREATER LONDON, N1 5AQ	£560,000	20/05/2022	Flat
279 FLAT 5 KINGSLAND ROAD, LONDON, HACKNEY, GREATER LONDON, E2 8AS	£310,000	04/03/2022	Flat
22 MARY SEACOLE CLOSE, LONDON, HACKNEY, GREATER LONDON, E8 4TA	£456,000	01/12/2021	Flat
280 FLAT A KINGSLAND ROAD, LONDON, HACKNEY, GREATER LONDON, E8 4DG	£850,000	30/09/2021	Flat
AMBER WHARF, 3 FLAT 13 NURSERY LANE, LONDON, HACKNEY, GREATER LONDON, E2 8AU	£250,000	19/08/2021	Flat

Area average: £513,803 (20 sales)

Capital growth trend

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

5y growth 0.4%

10y growth 16.3%

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

1y (index) -2.2%

5y (index) 1.4%

10y (index) 1.9%

Rental Range

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

Low £2,354/mo

Realistic £2,615/mo

Optimistic £2,877/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

Map view View on Google Maps View on OpenStreetMap Street View E8 4ED

Address

13 Stean Street

Nearby

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

Type	Name	Distance
Shop	Better Health Bikes	0.0 miles
Shop	Better Health Bakery	0.0 miles
Bus stop	Laburnum Street	0.1 miles
Bus stop	Haggerston Station	0.1 miles
Train station	Haggerston	0.1 miles
Train station	Hoxton	0.4 miles
Hospital	Moorfields at Hoxton	0.6 miles
University	University of Wales Trinity Saint David London	0.8 miles
University	Bayes Business School	1.2 miles
Hospital	Medlabs Diagnostics	1.9 miles

Street-level crime

Category	Count
Violence and sexual offences	457
Anti-social behaviour	323
Theft from the person	224
Shoplifting	198
Other theft	157
Drugs	141
Burglary	92
Public order	84
Criminal damage and arson	71
Vehicle crime	71
Bicycle theft	54
Robbery	54
Possession of weapons	23
Other crime	9
Total incidents	1958

Within 1 mile during Mar 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 Bridge Academy	Secondary	0.1 miles	Good — 27 Feb 2013
Waterside Academy	Secondary	0.2 miles	Good — 24 Mar 2022
Comet Nursery School and Children's Centre	Nursery	0.2 miles	Outstanding — 2 Mar 2015
Queensbridge Primary School	Primary	0.2 miles	Outstanding — 28 Feb 2024
Hoxton Garden Primary	Primary	0.3 miles	Good — 29 Apr 2016

Rental Comparables

Loading rental comparables for this postcode. Refresh in a few minutes.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 2.09%

Max investor price (0.8%) £326,875

Target investor price (1%) £261,500

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).