According to the public record, 2, Pearl House 5, London is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Pearl House, Market Road, London, N7.
Market Road, London, N7 is located in the borough of Islington within the N7 postal district.
2, Pearl House 5, London has a single entry in the Land Registry database from July 2019 and a single entry in the EPC database dated June 2019.
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 good condition, we estimate the current sale value for 2 Pearl House 5 London as £596,868 and the rental value as £2,616 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 2 Pearl House 5 London has increased by £9,586 (1.6%) and its rental value has increased by £182 per month (7.0%).
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, Pearl House 5, London is in very good condition we estimate a sale value of £626,711 and rental value of £2,747 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £555,087 and a rental value of £2,433 per month.
If you were able to purchase this property for the estimated value of £596,868, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,933 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, Pearl House 5, London was last sold on 15 Jul 2019 for £545,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2019, the market for similar properties has risen 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Pearl House 5, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 23, Copper House 3, Market Road, London, N7 9HP, a Leasehold flat which sold for £580,000 in Jan 2024.
Read more about house prices in N7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Market Road, London, N7 has a total of 397 addresses. According to our analysis of all the public data, 2, Pearl House 5, London is the 300th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in N7.
2, Pearl House 5, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 2, Pearl House 5, London is Caledonian Road station which is 200 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, Pearl House 5, London, 68.2% of property is socially rented and 12.6% 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, Pearl House 5, London, 10.1% of residents are recorded as possessing school level qualifications and 37.4% 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, Pearl House 5, London, the average age was 34.5 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, Pearl House 5, London, 0.0% 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, Pearl House 5, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.