According to the public record, 2, Reddings Close, London is a mid-century freehold house and with 2,098 ft2 of internal area and sits on a 325 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Reddings Close, London, NW7 is located in the borough of Barnet within the NW7 postal district.
2, Reddings Close, London has 41 entries in the Land Registry database, most recently in January 2024 and 3 entries in the EPC database, most recently in July 2023.
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 Reddings Close London as £1,364,988 and the rental value as £3,960 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 2 Reddings Close London has decreased by £9,331 (0.7%) and its rental value has increased by £155 per month (3.9%).
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, Reddings Close, London is in very good condition we estimate a sale value of £1,433,237 and rental value of £4,158 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,269,439 and a rental value of £3,683 per month.
If you were able to purchase this property for the estimated value of £1,364,988, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,708 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, Reddings Close, London sits on a plot of 325m2.
We have plot size data on 11 out of 19 other houses in the postcode and 2, Reddings Close, London sits on the 9th largest plot.
According to HM Land Registry, 2, Reddings Close, London was last sold on 24 Jan 2024 for £1,345,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jan 2024, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Reddings Close, London within a radius of 158m over the last 2 years.
The most recent example is 131, The Reddings, London, NW7 4JP, a Freehold house which sold for £1,600,000 in Oct 2022.
Read more about house prices in NW7.
Reddings Close, London, NW7 has a total of 19 addresses. According to our analysis of all the public data, 2, Reddings Close, London is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £635k more expensive than the average property in NW7.
2, Reddings Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2023.
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 2, Reddings Close, London is Mill Hill Broadway station which is 1.2 km 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, Reddings Close, London, 58.8% of property is privately owned with a mortgage and 31.1% 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, Reddings Close, London, 30.3% of residents are recorded as possessing school level qualifications and 62.7% 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, Reddings Close, London, the average age was 37.8 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 2, Reddings Close, London, 2.8% 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 2, Reddings Close, London, there are an average of 1.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.