According to the public record, 13, Grace Close, Edgware is a modern leasehold apartment and with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Grace Close, Edgware, HA8 is located in the borough of Barnet within the HA8 postal district.
13, Grace Close, Edgware has a single entry in the Land Registry database from September 2014 and 2 entries in the EPC database, most recently in September 2020.
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 13 Grace Close Edgware as £213,352 and the rental value as £1,121 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 13 Grace Close Edgware has decreased by £6,490 (3.0%) and its rental value has increased by £25 per month (2.2%).
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 13, Grace Close, Edgware is in very good condition we estimate a sale value of £224,019 and rental value of £1,177 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,417 and a rental value of £1,042 per month.
If you were able to purchase this property for the estimated value of £213,352, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,049 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, 13, Grace Close, Edgware was last sold on 18 Sep 2014 for £140,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2014, the market for similar properties has risen 21.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Grace Close, Edgware within a radius of 48m over the last 2 years.
The most recent example is 22, Grace Close, Edgware, HA8 9YY, a Leasehold flat which sold for £215,250 in Nov 2022.
Read more about house prices in HA8.
Grace Close, Edgware, HA8 has a total of 24 addresses. According to our analysis of all the public data, 13, Grace Close, Edgware is the 14th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £307k less expensive than the average property in HA8.
13, Grace Close, Edgware has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 13, Grace Close, Edgware is Burnt Oak station which is 400 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 13, Grace Close, Edgware, 60.6% of property is privately rented and 19.3% 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 13, Grace Close, Edgware, 27.1% of residents are recorded as possessing school level qualifications and 36.0% 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 13, Grace Close, Edgware, 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 13, Grace Close, Edgware, 0.0% 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 13, Grace Close, Edgware, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.