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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat C, 17, Lucerne Road is recorded publicly as a period leasehold apartment across 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat C, 17, Lucerne Road is £703,230 and its rental estimate is £3,020 per month, given the available information and assuming reasonable condition.
17, Lucerne Road is a residential building on Lucerne Road, London, N5 and falls within the N5 postal district and the London Borough of Islington.
Flat C, 17, Lucerne Road has 51 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated May 2014.
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.
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 C, 17, Lucerne Road, we estimate a market value of £738,392 and a rental value of £3,171 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £654,004 and £2,808 per month respectively.
Over the last year, Flat C, 17, Lucerne Road has seen its estimated sale value decline by £7,098 (1.0%) and its estimated rental value climb by £220 per month (7.3%). This results in an estimated gross rental yield of 5.2%.
Flat C, 17, Lucerne Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 May 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat C, 17, Lucerne Road completed on 16th October 2020 at £628,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 4.7% over the period since October 2020.
Over the past 2 years 3 properties similar to Flat C, 17, Lucerne Road have sold within a radius of 270 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th January 2025, was Flat 5, 5, Aubert Park, London, N5 1TL, a leasehold flat which sold for £770,000.
Read more about house prices in N5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 62 addresses on Lucerne Road, London, N5, Flat C, 17, Lucerne Road comes out as the 46th largest and the 40th most expensive in our analysis of the public data.
It is also £119k less expensive than the average property across the N5 district.
From Flat C, 17, Lucerne Road, the nearest station is Arsenal, 500 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat C, 17, Lucerne Road, 35.1% of property is privately owned with a mortgage and 28.9% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat C, 17, Lucerne Road, 17.3% of residents are recorded as possessing school level qualifications and 80.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat C, 17, Lucerne Road, the average age was 37.2 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat C, 17, Lucerne Road, 2.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat C, 17, Lucerne Road, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
