According to the public record, 98B, Mountgrove Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 439 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 98, Mountgrove Road, London, N5.
Mountgrove Road, London, N5 is located in the borough of Hackney within the N5 postal district.
98B, Mountgrove Road, London has 2 entries in the Land Registry database, most recently in September 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 98B Mountgrove Road London as £398,959 and the rental value as £1,871 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 98B Mountgrove Road London has increased by £5,628 (1.4%) and its rental value has increased by £122 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 98B, Mountgrove Road, London is in very good condition we estimate a sale value of £418,907 and rental value of £1,965 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £371,032 and a rental value of £1,740 per month.
If you were able to purchase this property for the estimated value of £398,959, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,961 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, 98B, Mountgrove Road, London was last sold on 30 Sep 2019 for £330,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2019, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 98B, Mountgrove Road, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 3, 169, Blackstock Road, London, N4 2JS, a Leasehold flat which sold for £370,000 in Oct 2023.
Read more about house prices in N5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mountgrove Road, London, N5 has a total of 160 addresses. According to our analysis of all the public data, 98B, Mountgrove Road, London is the 140th largest and the 151st most expensive property on the street.
When compared to the postcode district it is £418k less expensive than the average property in N5.
The closest station to 98B, Mountgrove Road, London is Arsenal station which is 700 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 98B, Mountgrove Road, London, 67.4% of property is privately rented and 18.1% is privately owned with a mortgage.
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 98B, Mountgrove Road, London, 12.4% of residents are recorded as possessing school level qualifications and 75.6% 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 98B, Mountgrove Road, London, the average age was 34.9 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 98B, Mountgrove Road, London, 2.2% 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 98B, Mountgrove Road, 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.