According to the public record, 39, Somerset Gardens, London is a modern leasehold apartment with 645 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.
39, Somerset Gardens, London has 21 entries in the Land Registry database, most recently in May 2008 and a single entry in the EPC database dated March 2021.
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 39 Somerset Gardens London as £276,629 and the rental value as £1,761 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 39 Somerset Gardens London has increased by £1,649 (0.6%) and its rental value has increased by £97 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 39, Somerset Gardens, London is in very good condition we estimate a sale value of £290,460 and rental value of £1,849 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,265 and a rental value of £1,638 per month.
If you were able to purchase this property for the estimated value of £276,629, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,360 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, 39, Somerset Gardens, London was last sold on 06 May 2008 for £125,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2008, the market for similar properties has risen 76.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Somerset Gardens, London within a radius of 470 metres over the last 2 years.
The most recent example is 92, Somerset Gardens, London, N17 8JW, a Leasehold flat which sold for £280,000 in Oct 2023.
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, 39, Somerset Gardens, London is the 10th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in N17.
39, Somerset Gardens, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Mar 2021.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 39, Somerset Gardens, London is White Hart Lane 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 39, Somerset Gardens, London, 70.6% of property is privately rented and 12.8% 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 39, Somerset Gardens, London, 22.0% of residents are recorded as possessing school level qualifications and 34.6% 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 39, 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 39, Somerset Gardens, London, 0.9% 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 39, 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.