According to the public record, 12, Melgund Road, London is a period freehold house and with 1,560 ft2 of internal area and sits on a 100 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Melgund Road, London, N5 is located in the borough of Islington within the N5 postal district.
12, Melgund Road, London has 31 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated January 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 12 Melgund Road London as £1,655,901 and the rental value as £6,749 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 12 Melgund Road London has increased by £32,594 (2.0%) and its rental value has increased by £477 per month (7.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 12, Melgund Road, London is in very good condition we estimate a sale value of £1,738,697 and rental value of £7,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,539,988 and a rental value of £6,277 per month.
If you were able to purchase this property for the estimated value of £1,655,901, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £8,138 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 12, Melgund Road, London sits on a plot of 100m2.
We have plot size data on 25 out of 38 other houses in the postcode and 12, Melgund Road, London sits on the 26th largest plot.
According to HM Land Registry, 12, Melgund Road, London was last sold on 08 Sep 2022 for £1,850,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2022, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Melgund Road, London within a radius of 47m over the last 2 years.
The most recent example is 30, Melgund Road, London, N5 1PT, a Freehold house which sold for £1,600,000 in Jun 2023.
Read more about house prices in N5.
Our network of Estate Agents report 1 let within a 267m radius of 12, Melgund Road, London over the last 2 years.
Most recently Flat 3, 15-19 , Benwell Road, London, N7 7BL, a Leasehold flat let by Fine Living for an undisclosed amount in Jul 2020.
Melgund Road, London, N5 has a total of 67 addresses. According to our analysis of all the public data, 12, Melgund Road, London is the 20th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £839k more expensive than the average property in N5.
12, Melgund Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jan 2017.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 12, Melgund Road, London is Drayton Park station which is 400 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Melgund Road, London, 30.9% of property is privately rented and 30.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 12, Melgund Road, London, 18.4% of residents are recorded as possessing school level qualifications and 74.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Melgund Road, London, the average age was 36.6 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 12, Melgund Road, London, 2.5% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 12, Melgund Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.