According to the public record, 55, Spring Gardens, London is a mid-century apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Spring Gardens, London, N5 is located in the borough of Islington within the N5 postal district.
55, Spring Gardens, London has no records in the Land Registry database and a single entry in the EPC database dated January 2016.
We combine this information with public data 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 55 Spring Gardens London as £508,670 and the rental value as £2,344 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 55 Spring Gardens London has increased by £5,864 (1.2%) and its rental value has increased by £152 per month (6.5%).
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 55, Spring Gardens, London is in very good condition we estimate a sale value of £534,104 and rental value of £2,462 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £473,063 and a rental value of £2,180 per month.
If you were able to purchase this property for the estimated value of £508,670, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,500 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Spring Gardens, London within a radius of 154m over the last 2 years.
The most recent example is Flat 23, Bushfield House, Highbury Estate, London, N5 2DD, a Leasehold flat which sold for £440,000 in Nov 2023.
Read more about house prices in N5.
Our network of Estate Agents report 1 let within a 109m radius of 55, Spring Gardens, London 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.
Spring Gardens, London, N5 has a total of 71 addresses. According to our analysis of all the public data, 55, Spring Gardens, London is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £308k less expensive than the average property in N5.
55, Spring Gardens, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jan 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 55, Spring Gardens, London is Canonbury station which is 200 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 55, Spring Gardens, London, 37.1% of property is privately rented and 31.1% 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 55, Spring Gardens, London, 13.9% of residents are recorded as possessing school level qualifications and 66.0% 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 55, Spring Gardens, London, the average age was 37 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 55, Spring 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 55, Spring Gardens, 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.