40, Gillespie Road
40, Gillespie Road
Description & Estimates
40, Gillespie Road is recorded publicly as a period freehold house across 990 ft2 of internal area, sitting on a 118 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 40, Gillespie Road is £1,199,813 and its rental estimate is £5,637 per month, given the available information and assuming reasonable condition.
Gillespie Road, London, N5 falls within the N5 postal district, in the borough of Islington.
Our Data Sources
40, Gillespie Road has 21 entries in the Land Registry , most recently in July 2020 and a single entry in the EPC database dated March 2020.
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 40, Gillespie Road, we estimate a market value of £1,259,804 and a rental value of £5,919 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,115,827 and £5,243 per month respectively.
Recent Market Change
Over the last year, 40, Gillespie Road has seen its estimated sale value decline by £10,474 (0.9%) and its estimated rental value climb by £425 per month (7.5%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 40, Gillespie Road as measuring 118 m2.
That makes it the 24th largest plot in the postcode, where 27 of the 32 other houses have recorded plot data.
Energy Efficiency
40, Gillespie Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Mar 2020.
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 40, Gillespie Road completed on 3rd July 2020 at £1,000,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 3.9% over the period since July 2020.
- Sold Jul 2020£1,000,000
- Sold Jul 2000£323,200
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Gillespie Road have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th September 2024, was 20, Gillespie Road, London, N5 1LN, a freehold house which sold for £1,550,000.
Read more about house prices in N5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 287 addresses on Gillespie Road, London, N5, 40, Gillespie Road comes out as the 118th largest and the 75th most expensive in our analysis of the public data.
It is also £378k more expensive than the average property across the N5 district.
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Schools Nearby
- 100mGillespie Primary School
- 200mSt John's Highbury Vale CofE Primary School
- 300mAmbler Primary School and Children's Centre
- 800mHighbury Fields School
- 1.1kmStoke Newington School and Sixth Form
- 1.2kmCity of London Academy Highbury Grove
More reading links
Public Transport Nearby
From 40, Gillespie Road, the nearest station is Arsenal, 400 metres away.
- 400mArsenal
- 600mFinsbury Park
- 900mDrayton Park
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.
