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£254,000 below fair value

N5 1PT

Melgund Road, Highbury, London, N5

5 Beds
2 Baths
160 m² Floor area
Type Terraced
Listed 16 May 2026
Asking price £1,850,000
Price per m² £12,500 / m²

Located on a quiet, tree-lined residential street just moments from Highbury Fields, this substantial five double bedroom red-brick Victorian family home offers impressive proportions and character throughout. Spanning just over 1,700 square feet, the property requires modernisation but presents a great opportunity for a new owner to create and tailor a home to their own specification.

The property enjoys a south-facing aspect to the front, bathing the interiors in natural light. The property retains several original features including ceiling roses, ornate cornicing, original ornate fireplaces several framed with beautiful mantelpieces and original wooden floorboards.

This property enjoys a tranquil position, yet is a short walk to Highbury & Islington Station (providing access to the Victoria Line, London Overground and Great Northern), Holloway Road Tube Station (Piccadilly Line) and Drayton Park Station (which provides direct access to Moorgate). Furthermore, the vibrant Upper Street, Holloway Road and Highbury Barn are on hand, providing a wealth of, bars, restaurants, delicatessens and independent boutique shops.

A further key attraction is the property falls within the catchment of St Mary Magdalene Academy rated "Outstanding" by Ofsted.


How the asking price has moved

May 2026
£2,000,000
Listed at original asking price
Jun 2026
£1,850,000
Current asking price

What similar homes actually sold for

Nearby Land Registry transactions — the data behind our fair price estimate.

Address Sold price Date Type
50 MELGUND ROAD, N5 1PT £2,275,000 Aug 2025 Terraced
31 MELGUND ROAD, N5 1PT £2,305,000 May 2025 Terraced
39 MELGUND ROAD, N5 1PT £1,940,000 Apr 2025 Terraced
36 MELGUND ROAD, N5 1PT £2,242,500 Feb 2025 Terraced
Flat 1, 46, 46 MELGUND ROAD, N5 1PT £625,000 Mar 2024 Flat
52B MELGUND ROAD, N5 1PT £570,000 Sep 2023 Flat
30 MELGUND ROAD, N5 1PT £1,600,000 Jun 2023 Terraced
Flat 3, 46, 46 MELGUND ROAD, N5 1PT £625,000 Apr 2023 Flat
26 MELGUND ROAD, N5 1PT £1,375,000 Sep 2022 Terraced
12 MELGUND ROAD, N5 1PT £1,850,000 Sep 2022 Terraced
45B MELGUND ROAD, N5 1PT £1,046,111 Dec 2021 Flat
14 MELGUND ROAD, N5 1PT £1,830,000 Aug 2021 Terraced
27 MELGUND ROAD, N5 1PT £2,058,500 Nov 2020 Terraced
21 MELGUND ROAD, N5 1PT £1,690,000 Aug 2020 Terraced
Flat A, 13, 13 MELGUND ROAD, N5 1PT £550,000 Jul 2020 Flat
Source: HM Land Registry · N5 1PT · Sorted by date

Melgund Road, Highbury, London, N5

Our fair price estimate
£2,104,000
Nearby sold prices per m² × UK HPI × 160 m² floor area (EPC-declared)
Asking price £1,850,000
Fair price £2,104,000
Difference ↓ £254,000 under
Price per m² £12,500 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 160 m². Updated daily.