According to the public record, 244, Somerset Gardens, London is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Somerset Gardens, London, N17 is located in the borough of Haringey within the N17 postal district.
244, Somerset Gardens, London has a single entry in the Land Registry database from April 2014 and a single entry in the EPC database dated July 2023.
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 244 Somerset Gardens London as £275,334 and the rental value as £1,671 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 244 Somerset Gardens London has increased by £1,642 (0.6%) and its rental value has increased by £92 per month (5.5%).
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 244, Somerset Gardens, London is in very good condition we estimate a sale value of £289,101 and rental value of £1,754 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,061 and a rental value of £1,554 per month.
If you were able to purchase this property for the estimated value of £275,334, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,353 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, 244, Somerset Gardens, London was last sold on 23 Apr 2014 for £189,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2014, the market for similar properties has risen 47.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 244, Somerset Gardens, London within a radius of 440 metres over the last 2 years.
The most recent example is 300, Somerset Gardens, London, N17 8JY, a Leasehold flat which sold for £275,000 in Jan 2024.
Read more about house prices in N17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Gardens, London, N17 has a total of 325 addresses. According to our analysis of all the public data, 244, Somerset Gardens, London is the 76th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in N17.
244, Somerset Gardens, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jul 2023.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 244, Somerset Gardens, London is White Hart Lane station which is 300 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 244, Somerset Gardens, London, 55.0% of property is privately rented and 22.5% is socially rented.
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 244, Somerset Gardens, London, 27.2% of residents are recorded as possessing school level qualifications and 38.9% 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 244, Somerset Gardens, London, the average age was 36.8 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 244, Somerset Gardens, London, 0.5% 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 244, Somerset Gardens, 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.