According to the public record, 179, Lancaster Road, Barnet is a mid-century leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lancaster Road, Barnet, EN4 is located in the borough of Barnet within the EN4 postal district.
179, Lancaster Road, Barnet has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated May 2017.
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 179 Lancaster Road Barnet as £261,651 and the rental value as £1,467 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 179 Lancaster Road Barnet has decreased by £1,934 (0.7%) and its rental value has increased by £53 per month (3.6%).
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 179, Lancaster Road, Barnet is in very good condition we estimate a sale value of £274,734 and rental value of £1,540 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,336 and a rental value of £1,364 per month.
If you were able to purchase this property for the estimated value of £261,651, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,286 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, 179, Lancaster Road, Barnet was last sold on 31 Jan 2023 for £265,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 179, Lancaster Road, Barnet within a radius of 430 metres over the last 2 years.
The most recent example is 231, Shurland Avenue, Barnet, EN4 8DG, a Leasehold flat which sold for £255,000 in Nov 2023.
Read more about house prices in EN4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Road, Barnet, EN4 has a total of 178 addresses. According to our analysis of all the public data, 179, Lancaster Road, Barnet is the 168th largest and the 170th most expensive property on the street.
When compared to the postcode district it is £491k less expensive than the average property in EN4.
179, Lancaster Road, Barnet has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 179, Lancaster Road, Barnet is New Barnet station which is 600 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 179, Lancaster Road, Barnet, 50.0% of property is privately rented and 22.8% 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 179, Lancaster Road, Barnet, 23.5% of residents are recorded as possessing school level qualifications and 43.8% 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 179, Lancaster Road, Barnet, the average age was 36.7 and the most common age was 42.
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 179, Lancaster Road, Barnet, 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 179, Lancaster Road, Barnet, 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.