According to the public record, 16, Falkland Avenue, London is a period leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 16, Falkland Avenue, London, N3.
Falkland Avenue, London, N3 is located in the borough of Barnet within the N3 postal district.
16, Falkland Avenue, London has 31 entries in the Land Registry database, most recently in January 2018 and a single entry in the EPC database dated August 2015.
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 16 Falkland Avenue London as £502,312 and the rental value as £2,036 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 16 Falkland Avenue London has increased by £5,684 (1.1%) and its rental value has increased by £108 per month (5.3%).
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 16, Falkland Avenue, London is in very good condition we estimate a sale value of £527,428 and rental value of £2,138 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £467,150 and a rental value of £1,894 per month.
If you were able to purchase this property for the estimated value of £502,312, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,469 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, 16, Falkland Avenue, London was last sold on 12 Jan 2018 for £390,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2018, the market for similar properties has risen 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Falkland Avenue, London within a radius of 390 metres over the last 2 years.
The most recent example is 2, Falkland Avenue, London, N3 1QR, a Leasehold flat which sold for £550,000 in Dec 2023.
Read more about house prices in N3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falkland Avenue, London, N3 has a total of 54 addresses. According to our analysis of all the public data, 16, Falkland Avenue, London is the 32nd largest and the 19th most expensive property on the street.
When compared to the postcode district it is £260k less expensive than the average property in N3.
16, Falkland Avenue, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Aug 2015.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 16, Falkland Avenue, London is Finchley Central station which is 400 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 16, Falkland Avenue, London, 46.0% of property is privately rented and 28.0% 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 16, Falkland Avenue, London, 17.5% of residents are recorded as possessing school level qualifications and 60.7% 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 16, Falkland Avenue, London, the average age was 38.1 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 16, Falkland Avenue, London, 0.8% 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 16, Falkland Avenue, London, 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.