According to the public record, 41, Morea Mews, London is a modern leasehold apartment and with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Morea Mews, London, N5 is located in the borough of Islington within the N5 postal district.
41, Morea Mews, London has 2 entries in the Land Registry database, most recently in April 2017 and a single entry in the EPC database dated June 2014.
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 41 Morea Mews London as £638,651 and the rental value as £2,778 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 41 Morea Mews London has increased by £9,546 (1.5%) and its rental value has increased by £182 per month (6.6%).
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 41, Morea Mews, London is in very good condition we estimate a sale value of £670,583 and rental value of £2,917 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £593,945 and a rental value of £2,583 per month.
If you were able to purchase this property for the estimated value of £638,651, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,139 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, 41, Morea Mews, London was last sold on 27 Apr 2017 for £780,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2017, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Morea Mews, London within a radius of 0m over the last 2 years.
The most recent example is 53, Morea Mews, London, N5 2EE, a Leasehold flat which sold for £620,000 in Aug 2014.
Read more about house prices in N5.
Our network of Estate Agents report 1 let of a property similar to 41, Morea Mews, London within a radius of 268m over the last 2 years.
Most recently Flat 5, 14, Highbury New Park, London, N5 2DB, a flat let by Fine Living for an undisclosed amount in Jul 2023.
Morea Mews, London, N5 has a total of 72 addresses. According to our analysis of all the public data, 41, Morea Mews, London is the 50th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in N5.
41, Morea Mews, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jun 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 41, Morea Mews, London is Canonbury station which is 300 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 41, Morea Mews, London, 26.4% of property is socially rented and 25.4% 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 41, Morea Mews, London, 17.8% of residents are recorded as possessing school level qualifications and 59.3% 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 41, Morea Mews, 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 41, Morea Mews, London, 2.7% 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 41, Morea Mews, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.