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By comparing it to neighbours, we estimate that it is a period apartment with 995 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 34, Lucerne Road is £952,379 and the estimated rental value is £4,024 per month.
The apartment is within 34, Lucerne Road, London, N5.
Lucerne Road, London, N5 is located in the borough of Islington within the N5 postal district.
34, Lucerne Road has a single entry in the Land Registry from August 2022 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.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 34, Lucerne Road is in very good condition we estimate a sale value of £999,998 and a rental value of £4,225 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £885,712 and a rental value of £3,742 per month.
Over the past 12 months, the estimated sale value of 34, Lucerne Road has moved down by £22,688 (2.4%), while its estimated rental value has increased by £239 per month (6.0%). Based on current estimates, the property offers a gross rental yield of 5.1%.
According to HM Land Registry, 34, Lucerne Road was last sold on 26th August 2022 for £990,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2022, the market for similar properties has dropped by 9.5%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Lucerne Road within a radius of 280 metres over the last 2 years.
The most recent example is Flat D, 27, Highbury Park, London, N5 1TH, a leasehold flat which sold for £900,000 on the 16th October 2024.
Read more about house prices in N5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lucerne Road, London, N5 has a total of 62 addresses. According to our analysis of all the public data, 34, Lucerne Road is the 27th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £130k more expensive than the average property in N5.
The closest station to 34, Lucerne Road is Arsenal station, which is 500 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 34, Lucerne Road, 35.1% of property is privately owned with a mortgage and 28.9% 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 34, Lucerne Road, 17.3% of residents are recorded as possessing school level qualifications and 80.5% 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 34, Lucerne Road, 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 34, Lucerne Road, 2.0% 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 34, Lucerne Road, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.