Flat 8, 42
Flat 8, 42
Description & Estimates
Flat 8, 42, Mayfield Road is recorded publicly as a period leasehold apartment across 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 8, 42, Mayfield Road is £395,903 and its rental estimate is £1,906 per month, given the available information and assuming reasonable condition.
42, Mayfield Road is a residential building on Mayfield Road, London, N8 and falls within the N8 postal district and the London Borough of Haringey.
Our Data Sources
Flat 8, 42, Mayfield Road has 31 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 Flat 8, 42, Mayfield Road, we estimate a market value of £415,698 and a rental value of £2,001 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £368,190 and £1,772 per month respectively.
Recent Market Change
Over the last year, Flat 8, 42, Mayfield Road has seen its estimated sale value drop by £2,886 (0.7%) and its estimated rental value rise by £122 per month (6.4%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
Flat 8, 42, Mayfield Road has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jun 2020.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Flat 8, 42, Mayfield Road completed on 22nd August 2022 at £400,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 9.9% over the period since August 2022.
- Sold Aug 2022£400,000
- Sold Mar 2002£150,000
- Sold Aug 1996£80,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 8, 42, Mayfield Road have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th November 2024, was Flat 4, 92, Ferme Park Road, London, N8 9SD, a leasehold flat which sold for £480,000.
Read more about house prices in N8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 137 addresses on Mayfield Road, London, N8, Flat 8, 42, Mayfield Road comes out as the 120th largest and the 117th most expensive in our analysis of the public data.
It is also £298k less expensive than the average property across the N8 district.
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Schools Nearby
- 200mWeston Park Primary School
- 500mSt Aidan's Voluntary Controlled Primary School
- 700mRokesly Junior School
- 400mHornsey School for Girls
- 1.0kmGreig City Academy
- 1.4kmArts and Media School Islington
More reading links
Public Transport Nearby
From Flat 8, 42, Mayfield Road, the nearest station is Harringay, 500 metres away.
- 500mHarringay
- 800mHornsey
- 900mCrouch Hill
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.
