39, Melgund Road
39, Melgund Road
Description & Estimates
39, Melgund Road is recorded publicly as a period freehold house across 1,657 ft2 of internal area, sitting on a 120 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 39, Melgund Road is £1,865,052 and its rental estimate is £8,047 per month, given the available information and assuming reasonable condition.
Melgund Road, London, N5 falls within the N5 postal district, in the borough of Islington.
Our Data Sources
39, Melgund Road has 31 entries in the Land Registry , most recently in April 2025 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 39, Melgund Road, we estimate a market value of £1,958,305 and a rental value of £8,450 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,734,499 and £7,484 per month respectively.
Recent Market Change
Over the last year, 39, Melgund Road has seen its estimated sale value decrease by £22,239 (1.2%) and its estimated rental value grow by £586 per month (7.3%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 39, Melgund Road as measuring 120 m2.
That makes it the 29th largest plot in the postcode, where 36 of the 38 other houses have recorded plot data.
Energy Efficiency
39, Melgund Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 May 2018.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 39, Melgund Road completed on 11th April 2025 at £1,940,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 17.0% over the period since April 2025.
- Sold Apr 2025£1,940,000
- Sold Dec 2014£1,290,000
- Sold Nov 2004£530,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 39, Melgund Road have sold within a radius of 320 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th February 2026, was 5, Battledean Road, London, N5 1UX, a freehold house which sold for £1,915,000.
Read more about house prices in N5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 1 let within 320 metres of 39, Melgund Road.
The latest, in July 2020, was Flat 3, 15-19 , Benwell Road, London, N7 7BL, a leasehold flat let by Fine Living.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 67 addresses on Melgund Road, London, N5, 39, Melgund Road comes out as the 20th largest and the 19th most expensive in our analysis of the public data.
It is also £1.043m more expensive than the average property across the N5 district.
More reading links
Schools Nearby
- 200mDrayton Park Primary School
- 500mSacred Heart Catholic Primary School
- 600mLaycock Primary School
- 400mHighbury Fields School
- 600mCity of London Academy Highbury Grove
- 1.6kmCity of London Academy Islington
More reading links
Public Transport Nearby
From 39, Melgund Road, the nearest station is Drayton Park, 400 metres away.
- 400mDrayton Park
- 400mHighbury & Islington
- 600mHolloway Road
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
