According to the public record, 2, Mercers Mews, London is a period apartment with 1,506 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms with a garden.
Mercers Mews, London, N19 is located in the borough of Islington within the N19 postal district.
2, Mercers Mews, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated October 2020.
We combine this information with public data 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 2 Mercers Mews London as £839,228 and the rental value as £4,389 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 2 Mercers Mews London has increased by £11,983 (1.4%) and its rental value has increased by £231 per month (5.3%).
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 2, Mercers Mews, London is in very good condition we estimate a sale value of £881,189 and rental value of £4,608 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £780,482 and a rental value of £4,082 per month.
If you were able to purchase this property for the estimated value of £839,228, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,125 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 HM Land Registry, 2, Mercers Mews, London was last sold on 22 Sep 2005 for £355,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Mercers Mews, London within a radius of 310 metres over the last 2 years.
The most recent example is 12B, Corinne Road, London, N19 5EY, a Leasehold flat which sold for £625,000 in Nov 2009.
Read more about house prices in N19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mercers Mews, London, N19 has a total of 7 addresses. According to our analysis of all the public data, 2, Mercers Mews, London is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £213k more expensive than the average property in N19.
2, Mercers Mews, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2020.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 2, Mercers Mews, London is Tufnell Park station which is 500 metres 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 2, Mercers Mews, London, 35.4% of property is privately rented and 25.9% 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 2, Mercers Mews, London, 12.5% of residents are recorded as possessing school level qualifications and 66.7% 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 2, Mercers Mews, London, the average age was 38.1 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 2, Mercers Mews, London, 1.3% 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 2, Mercers Mews, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.