According to the public record, 1, Cornwood Close, London is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,679 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Cornwood Close, London, N2 is located in the borough of Barnet within the N2 postal district.
1, Cornwood Close, London has a single entry in the Land Registry database from July 2006 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Cornwood Close London as £1,616,462 and the rental value as £5,043 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 1 Cornwood Close London has increased by £74,995 (4.6%) and its rental value has increased by £343 per month (6.8%).
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 1, Cornwood Close, London is in very good condition we estimate a sale value of £1,697,285 and rental value of £5,295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,503,310 and a rental value of £4,690 per month.
If you were able to purchase this property for the estimated value of £1,616,462, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,944 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Cornwood Close, London was last sold on 14 Jul 2006 for £558,900 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Cornwood Close, London within a radius of 95m over the last 2 years.
The most recent example is 4, Cornwood Close, London, N2 0HP, a Freehold house which sold for £1,550,000 in Jul 2022.
Read more about house prices in N2.
Cornwood Close, London, N2 has a total of 26 addresses. According to our analysis of all the public data, 1, Cornwood Close, London is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £597k more expensive than the average property in N2.
The closest station to 1, Cornwood Close, London is East Finchley station which is 700 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Cornwood Close, London, 45.3% of property is privately owned outright and 43.6% is privately owned with a mortgage.
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 1, Cornwood Close, London, 22.8% of residents are recorded as possessing school level qualifications and 74.7% 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 1, Cornwood Close, London, the average age was 41.4 and the most common age was 47.
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 1, Cornwood Close, London, 2.1% 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 1, Cornwood Close, London, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.