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E5 8DE

Otto Buildings, Downs Road, London, E5

£475,000
£26,000 below fair value
1 Beds
1 Baths
52 m² Floor area
Type Flat
Listed 17 Oct 2026
Price per m² £9,135 / m²

Stylish one bedroom apartment adjacent to Hackney Downs

Description

Set on the fifth floor of the award-winning Otto Building, this beautifully presented one bedroom apartment offers sophisticated contemporary living, with excellent natural light throughout and far-reaching west-facing park and city views.

The impressive open-plan kitchen and reception room extends to approximately 24 ft, offering generous space for both living and dining, with direct access onto a private west-facing balcony. The apartment has been finished to an exceptional standard, featuring underfloor heating, engineered oak flooring, triple glazing and a beautifully designed kitchen with integrated Smeg appliances.

The well-proportioned bedroom benefits from built-in storage, alongside a stylish bathroom and further storage within the entrance hall.

Extending to approximately 562 sq ft (52.2 sq m), the apartment combines elegant interiors with a bright and thoughtfully arranged layout. Designed by RIBA award-winning architects, The Otto Building further benefits from a concierge, residents' gym and communal roof terrace, offering an outstanding lifestyle in the heart of Hackney.

Location

The surrounding area offers a vibrant mix of independent cafés, restaurants, pubs, delicatessens and pop-up food spots, reflecting the character and creativity the neighbourhood is known for. Popular destination markets take place regularly along Broadway Market and Chatsworth Road, offering a wide range of street food, artisan produce and local retailers, alongside the scenic Regent’s Canal nearby.

Excellent transport connections are available via Hackney Downs Overground Station (0.49 miles), Clapton Overground Station (0.42 miles), Rectory Road Overground Station (0.42 miles) and Hackney Central Overground Station (0.64 miles), offering efficient routes across London. The area is also well served by established cycle routes, providing convenient access into Central London and surrounding districts.

Combining generous green space, a thriving local scene and strong transport links, the Otto Building offers an exceptional setting for modern city living.

Source: Google.

Square Footage: 562 sq ft
Leasehold with approximately 990 years remaining.

How the asking price has moved

Oct 2026
£475,000
Listed at original asking price

Prices, costs and transport nearby

What homes within 400 m sold for since Nov 2023, by type. Source: HM Land Registry.

Type Median Middle 80%
Flat This home
Median
99 sales
Terraced
Median
8 sales
Semi-Detached
No sales nearby
Detached
No sales nearby

Most recent sales

Address Sold price Date Type
Flat 0209, OTTO BUILDING, DOWNS ROAD, E5 8DE £645,000 Jun 2026 Flat
Flat 1101, OTTO BUILDING, DOWNS ROAD, E5 8DE £475,000 Jun 2026 Flat
Flat 7, OTTO BUILDING, DOWNS ROAD, E5 8DE £1,260,000 Apr 2026 Flat
Flat A, 1, 1 HEYWORTH ROAD, E5 8DR £618,500 Apr 2026 Flat
Flat 0309, OTTO BUILDING, DOWNS ROAD, E5 8DE £650,000 Apr 2026 Flat
20 MONRO WAY, E5 8NZ £450,000 Feb 2026 Flat
81E DOWNS ROAD, E5 8DS £320,000 Nov 2025 Flat
Flat 2, 4, 4 DOWNS ROAD, E5 8DD £485,000 Oct 2025 Flat
Flat 0909, OTTO BUILDING, DOWNS ROAD, E5 8DE £495,000 Oct 2025 Flat
9 HEYWORTH ROAD, E5 8DR £1,800,000 Oct 2025 Terraced
59 DOWNS ROAD, E5 8QP £525,000 Sep 2025 Flat
Flat 1, 6, 6 HEYWORTH ROAD, E5 8DR £835,000 Jul 2025 Flat
Flat 0302, OTTO BUILDING, DOWNS ROAD, E5 8DE £800,000 May 2025 Flat
Flat 0501, OTTO BUILDING, DOWNS ROAD, E5 8DE £492,500 Mar 2025 Flat
Flat 1007, OTTO BUILDING, DOWNS ROAD, E5 8DE £1,350,000 Mar 2025 Flat
Source: HM Land Registry · within 200 m · most recent first

Otto Buildings, Downs Road, London, E5

Asking price
£475,000
£26,000 below fair value
Our fair price estimate £501,000
Price per m² £9,135 / m²
Fair price = nearby sold prices per m² × UK HPI × 52 m² floor area (EPC-declared). Source: Land Registry, EPC & UK HPI.
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About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 52 m². Updated daily.

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