According to the public record, 10, Falcon Way, London is a modern leasehold apartment with 304 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Falcon Way, London, NW9 is located in the borough of Barnet within the NW9 postal district.
10, Falcon Way, London has 21 entries in the Land Registry database, most recently in November 2013 and a single entry in the EPC database dated March 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 10 Falcon Way London as £176,377 and the rental value as £973 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 10 Falcon Way London has increased by £4,690 (2.7%) and its rental value has increased by £41 per month (4.2%).
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 10, Falcon Way, London is in very good condition we estimate a sale value of £185,196 and rental value of £1,022 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,031 and a rental value of £905 per month.
If you were able to purchase this property for the estimated value of £176,377, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £867 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, 10, Falcon Way, London was last sold on 21 Nov 2013 for £142,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2013, the market for similar properties has risen 41.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Falcon Way, London within a radius of 300 metres over the last 2 years.
The most recent example is 6, Falcon Way, London, NW9 5DT, a Leasehold flat which sold for £182,500 in Jun 2020.
Read more about house prices in NW9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 300 metres radius of 10, Falcon Way, London over the last 2 years.
Most recently 34, Aeroville, London, NW9 5JT, a Leasehold flat let by Fine Living in Aug 2021.
Falcon Way, London, NW9 has a total of 52 addresses. According to our analysis of all the public data, 10, Falcon Way, London is the 50th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £284k less expensive than the average property in NW9.
10, Falcon Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Mar 2011.
The property is connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 10, Falcon Way, London is Colindale station which is 300 metres 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 10, Falcon Way, London, 64.0% of property is privately rented and 18.9% 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 10, Falcon Way, London, 31.0% of residents are recorded as possessing school level qualifications and 48.0% 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 10, Falcon Way, London, the average age was 35.5 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 10, Falcon Way, London, 0.3% 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 10, Falcon Way, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.