According to the public record, 16, Gatting Close, Edgware is a modern leasehold apartment and with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Gatting Close, Edgware, HA8 is located in the borough of Barnet within the HA8 postal district.
16, Gatting Close, Edgware has 31 entries in the Land Registry database, most recently in May 2015 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 16 Gatting Close Edgware as £270,736 and the rental value as £1,400 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 16 Gatting Close Edgware has decreased by £7,905 (2.9%) and its rental value has increased by £33 per month (2.4%).
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, Gatting Close, Edgware is in very good condition we estimate a sale value of £284,273 and rental value of £1,470 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,785 and a rental value of £1,302 per month.
If you were able to purchase this property for the estimated value of £270,736, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,331 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, Gatting Close, Edgware was last sold on 29 May 2015 for £255,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2015, the market for similar properties has risen 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Gatting Close, Edgware within a radius of 58m over the last 2 years.
The most recent example is 4, Grace Close, Edgware, HA8 9YY, a Leasehold flat which sold for £286,000 in Oct 2022.
Read more about house prices in HA8.
Gatting Close, Edgware, HA8 has a total of 42 addresses. According to our analysis of all the public data, 16, Gatting Close, Edgware is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £249k less expensive than the average property in HA8.
16, Gatting Close, Edgware has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 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 16, Gatting 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 16, Gatting 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 16, Gatting 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 16, Gatting 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 16, Gatting 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 16, Gatting 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.