According to the public record, 2, Millfield Road, Edgware is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 881 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Millfield Road, Edgware, HA8 is located in the borough of Barnet within the HA8 postal district.
2, Millfield Road, Edgware has 21 entries in the Land Registry database, most recently in July 2013 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 2 Millfield Road Edgware as £433,088 and the rental value as £2,272 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 2 Millfield Road Edgware has increased by £5,197 (1.2%) and its rental value has increased by £133 per month (5.8%).
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, Millfield Road, Edgware is in very good condition we estimate a sale value of £454,742 and rental value of £2,385 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,771 and a rental value of £2,113 per month.
If you were able to purchase this property for the estimated value of £433,088, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,128 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, 2, Millfield Road, Edgware was last sold on 19 Jul 2013 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2013, the market for similar properties has risen 55.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Millfield Road, Edgware within a radius of 78m over the last 2 years.
The most recent example is 24, Millfield Road, Edgware, HA8 0DJ, a Freehold house which sold for £440,000 in Mar 2023.
Read more about house prices in HA8.
Millfield Road, Edgware, HA8 has a total of 81 addresses. According to our analysis of all the public data, 2, Millfield Road, Edgware is the 9th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in HA8.
The closest station to 2, Millfield Road, 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 2, Millfield Road, Edgware, 36.3% of property is socially rented and 23.4% 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 2, Millfield Road, Edgware, 24.8% of residents are recorded as possessing school level qualifications and 27.9% 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 2, Millfield Road, 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 2, Millfield Road, 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 2, Millfield Road, Edgware, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.