According to the public record, 16, Somerset Road, Barnet is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 2,368 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Somerset Road, New Barnet, Barnet, EN5 is located in the borough of Barnet within the EN5 postal district.
16, Somerset Road, Barnet has 21 entries in the Land Registry database, most recently in February 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 16 Somerset Road Barnet as £1,140,338 and the rental value as £3,609 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 16 Somerset Road Barnet has increased by £11,664 (1.0%) and its rental value has increased by £181 per month (5.0%).
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, Somerset Road, Barnet is in very good condition we estimate a sale value of £1,197,355 and rental value of £3,789 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,060,514 and a rental value of £3,356 per month.
If you were able to purchase this property for the estimated value of £1,140,338, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,604 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, Somerset Road, Barnet was last sold on 17 Feb 2006 for £685,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Somerset Road, Barnet within a radius of 410 metres over the last 2 years.
The most recent example is 12, Somerset Road, Barnet, EN5 1RN, a Freehold house which sold for £1,100,000 in Feb 2023.
Read more about house prices in EN5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Road, New Barnet, Barnet, EN5 has a total of 203 addresses. According to our analysis of all the public data, 16, Somerset Road, Barnet is the 7th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £516k more expensive than the average property in EN5.
The closest station to 16, Somerset Road, Barnet is New Barnet station which is 500 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, Somerset Road, Barnet, 37.7% of property is privately owned outright and 32.3% 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, Somerset Road, Barnet, 14.9% of residents are recorded as possessing school level qualifications and 53.2% 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, Somerset Road, Barnet, the average age was 40.4 and the most common age was 37.
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, Somerset Road, Barnet, 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, Somerset Road, Barnet, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.