According to the public record, 1B Hale Court, Edgware is a early-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Hale Court, Hale Lane, Edgware, HA8.
Hale Lane, Edgware, HA8 is located in the borough of Barnet within the HA8 postal district.
1B Hale Court, Edgware has a single entry in the Land Registry database from August 2018 and a single entry in the EPC database dated January 2018.
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 1B Hale Court Edgware as £332,373 and the rental value as £1,533 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 1B Hale Court Edgware has decreased by £9,411 (2.8%) and its rental value has increased by £39 per month (2.5%).
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 1B Hale Court, Edgware is in very good condition we estimate a sale value of £348,991 and rental value of £1,610 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,107 and a rental value of £1,426 per month.
If you were able to purchase this property for the estimated value of £332,373, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,634 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, 1B Hale Court, Edgware was last sold on 07 Aug 2018 for £407,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2018, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1B Hale Court, Edgware within a radius of 490 metres over the last 2 years.
The most recent example is 27 Hale Court, Hale Lane, Edgware, HA8 9RG, a Leasehold flat which sold for £225,000 in Oct 2019.
Read more about house prices in HA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hale Lane, Edgware, HA8 has a total of 324 addresses. According to our analysis of all the public data, 1B Hale Court, Edgware is the 249th largest and the 247th most expensive property on the street.
When compared to the postcode district it is £188k less expensive than the average property in HA8.
1B Hale Court, Edgware has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Jan 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 1B Hale Court, Edgware is Edgware station which is 1.0 kilometres 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 1B Hale Court, Edgware, 38.3% of property is privately rented and 33.6% 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 1B Hale Court, Edgware, 23.9% of residents are recorded as possessing school level qualifications and 47.9% 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 1B Hale Court, Edgware, the average age was 37.9 and the most common age was 7.
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 1B Hale Court, Edgware, 0.7% 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 1B Hale Court, Edgware, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.