According to the public record, 2, Mill Close, London is a modern freehold house and with 1,108 ft2 of internal area and sits on a 337 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Close, London, NW7 is located in the borough of Barnet within the NW7 postal district.
2, Mill Close, London has a single entry in the Land Registry database from May 2015 and a single entry in the EPC database dated January 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 2 Mill Close London as £685,384 and the rental value as £3,448 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 2 Mill Close London has increased by £20,068 (2.9%) and its rental value has increased by £240 per month (7.0%).
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 2, Mill Close, London is in very good condition we estimate a sale value of £719,653 and rental value of £3,620 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £637,407 and a rental value of £3,207 per month.
If you were able to purchase this property for the estimated value of £685,384, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,368 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 data from HM Land Registry, 2, Mill Close, London sits on a plot of 337m2.
According to HM Land Registry, 2, Mill Close, London was last sold on 08 May 2015 for £590,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2015, the market for similar properties has risen 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mill Close, London within a radius of 273m over the last 2 years.
The most recent example is 173, Holders Hill Road, London, NW7 1ND, a Freehold house which sold for £750,000 in Oct 2022.
Read more about house prices in NW7.
Mill Close, London, NW7 has a total of 2 addresses. According to our analysis of all the public data, 2, Mill Close, London is the largest and the most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in NW7.
2, Mill Close, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jan 2015.
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 2, Mill Close, London is Mill Hill East station which is 500 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 2, Mill Close, London, 35.6% of property is privately rented and 31.9% is privately owned outright.
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 2, Mill Close, London, 15.5% of residents are recorded as possessing school level qualifications and 57.3% 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 2, Mill Close, London, the average age was 39.1 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 2, Mill Close, London, 0.3% 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 2, Mill Close, London, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.