According to the public record, 26, Melody Lane, London is a modern freehold house and with 2,003 ft2 of internal area and sits on a 252 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Melody Lane, London, N5 is located in the borough of Islington within the N5 postal district.
26, Melody Lane, London has 3 entries in the Land Registry database, most recently in March 2014 and a single entry in the EPC database dated February 2009.
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 26 Melody Lane London as £2,064,237 and the rental value as £8,416 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 26 Melody Lane London has increased by £14,612 (0.7%) and its rental value has increased by £482 per month (5.7%).
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 26, Melody Lane, London is in very good condition we estimate a sale value of £2,167,449 and rental value of £8,836 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,919,740 and a rental value of £7,827 per month.
If you were able to purchase this property for the estimated value of £2,064,237, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £10,145 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, 26, Melody Lane, London sits on a plot of 252m2.
We have plot size data on 15 out of 21 other houses in the postcode and 26, Melody Lane, London sits on the 2nd largest plot.
According to HM Land Registry, 26, Melody Lane, London was last sold on 03 Mar 2014 for £1,700,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2014, the market for similar properties has risen 18.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Melody Lane, London within a radius of 33m over the last 2 years.
The most recent example is 32, Melody Lane, London, N5 2BQ, a Freehold house which sold for £2,310,000 in May 2022.
Read more about house prices in N5.
Melody Lane, London, N5 has a total of 21 addresses. According to our analysis of all the public data, 26, Melody Lane, London is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £1.247m more expensive than the average property in N5.
26, Melody Lane, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Feb 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 26, Melody Lane, London is Canonbury station which is 500 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 26, Melody Lane, London, 29.0% of property is socially rented and 27.1% is privately 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 26, Melody Lane, London, 19.2% of residents are recorded as possessing school level qualifications and 66.8% 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 26, Melody Lane, London, the average age was 37.2 and the most common age was 32.
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 26, Melody Lane, London, 4.4% 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 26, Melody Lane, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.