48B, Lucerne Road
48B, Lucerne Road
Description & Estimates
48B, Lucerne Road is recorded publicly as a period leasehold apartment across 596 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 48B, Lucerne Road is £607,915 and its rental estimate is £2,647 per month, given the available information and assuming reasonable condition.
48, Lucerne Road is a residential building on Lucerne Road, London, N5 and falls within the N5 postal district and the London Borough of Islington.
Our Data Sources
48B, Lucerne Road has 41 entries in the Land Registry , most recently in July 2020 and a single entry in the EPC database dated March 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 48B, Lucerne Road, we estimate a market value of £638,310 and a rental value of £2,779 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £565,361 and £2,462 per month respectively.
Recent Market Change
Over the last year, 48B, Lucerne Road has seen its estimated sale value decline by £6,136 (1.0%) and its estimated rental value climb by £193 per month (7.3%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
48B, Lucerne Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Mar 2011.
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 48B, Lucerne Road completed on 30th July 2020 at £650,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 4.6% over the period since July 2020.
- Sold Jul 2020£650,000
- Sold Oct 2012£430,000
- Sold May 2006£325,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 48B, Lucerne Road have sold within a radius of 260 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th July 2025, was Flat A, 17, Lucerne Road, London, N5 1TZ, a leasehold flat which sold for £832,175.
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 62 addresses on Lucerne Road, London, N5, 48B, Lucerne Road comes out as the 56th largest and the 45th most expensive in our analysis of the public data.
It is also £214k less expensive than the average property across the N5 district.
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Schools Nearby
- 200mSt Joan of Arc RC Primary School
- 200mSt John's Highbury Vale CofE Primary School
- 400mGillespie Primary School
- 400mHighbury Fields School
- 700mCity of London Academy Highbury Grove
- 1.1kmStoke Newington School and Sixth Form
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Public Transport Nearby
From 48B, Lucerne Road, the nearest station is Arsenal, 500 metres away.
- 500mArsenal
- 600mDrayton Park
- 900mCanonbury
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.
