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By comparing it to neighbours, we estimate that it is a period apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 4, Mountgrove Road is £758,089 and the estimated rental value is £3,195 per month.
The apartment is within 4, Mountgrove Road, London, N5.
Mountgrove Road, London, N5 is located in the borough of Hackney within the N5 postal district.
Flat 1, 4, Mountgrove Road has a single entry in the Land Registry from January 2014 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 5 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 Flat 1, 4, Mountgrove Road is in very good condition we estimate a sale value of £795,993 and a rental value of £3,355 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £705,023 and a rental value of £2,972 per month.
Over the last 12 months the sale value of Flat 1 4 Mountgrove Road has decreased by an estimated £7,652 (1.0%) and its rental value has increased by an estimated £233 per month (7.3%), giving an expected gross yield of 5.1%.
According to HM Land Registry, Flat 1, 4, Mountgrove Road was last sold on 9th January 2014 for £570,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2014, the market for similar properties has risen 11.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 4, Mountgrove Road within a radius of 310 metres over the last 2 years.
The most recent example is 39C , Queens Drive, London, N4 2SZ, a leasehold flat which sold for £800,000 on the 18th September 2024.
Read more about house prices in N5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mountgrove Road, London, N5 has a total of 162 addresses. According to our analysis of all the public data, Flat 1, 4, Mountgrove Road is the 68th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in N5.
The nearest school is Gillespie Primary School which is 400 metres away. The nearest train station is Arsenal which is 800 metres away.
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