According to the public record, Second Floor, 21, Mercers Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 847 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 21, Mercers Road, London, N19.
Mercers Road, London, N19 is located in the borough of Islington within the N19 postal district.
Second Floor, 21, Mercers Road, London has 31 entries in the Land Registry database, most recently in June 2011 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 Second Floor 21 Mercers Road London as £689,176 and the rental value as £2,933 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Second Floor 21 Mercers Road London has increased by £8,139 (1.2%) and its rental value has increased by £119 per month (4.1%).
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 Second Floor, 21, Mercers Road, London is in very good condition we estimate a sale value of £723,634 and rental value of £3,080 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £640,933 and a rental value of £2,728 per month.
If you were able to purchase this property for the estimated value of £689,176, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,387 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, Second Floor, 21, Mercers Road, London was last sold on 03 Jun 2011 for £406,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2011, the market for similar properties has risen 60.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Second Floor, 21, Mercers Road, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 3, 7, Fairmead Road, London, N19 4DG, a Leasehold flat which sold for £550,000 in Feb 2021.
Read more about house prices in N19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mercers Road, London, N19 has a total of 279 addresses. According to our analysis of all the public data, Second Floor, 21, Mercers Road, London is the 131st largest and the 147th most expensive property on the street.
When compared to the postcode district it is £63k more expensive than the average property in N19.
The closest station to Second Floor, 21, Mercers Road, London is Upper Holloway 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 Second Floor, 21, Mercers Road, London, 32.0% of property is privately rented and 31.2% 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 Second Floor, 21, Mercers Road, London, 18.3% of residents are recorded as possessing school level qualifications and 67.5% 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 Second Floor, 21, Mercers Road, London, the average age was 38.1 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 Second Floor, 21, Mercers Road, London, 2.1% 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 Second Floor, 21, Mercers Road, 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.