According to the public record, 23, Meadow Bank, London is a mid-century leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Meadow Bank, London, N21 is located in the borough of Enfield within the N21 postal district.
23, Meadow Bank, London has 21 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated February 2020.
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 23 Meadow Bank London as £386,692 and the rental value as £1,827 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 23 Meadow Bank London has increased by £7,999 (2.1%) and its rental value has increased by £111 per month (6.1%).
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 23, Meadow Bank, London is in very good condition we estimate a sale value of £406,027 and rental value of £1,918 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,624 and a rental value of £1,699 per month.
If you were able to purchase this property for the estimated value of £386,692, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,900 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, 23, Meadow Bank, London was last sold on 18 Sep 2020 for £397,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2020, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Meadow Bank, London within a radius of 640 metres over the last 2 years.
The most recent example is 22, Meadow Bank, London, N21 1JE, a Leasehold flat which sold for £370,000 in Jun 2021.
Read more about house prices in N21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadow Bank, London, N21 has a total of 30 addresses. According to our analysis of all the public data, 23, Meadow Bank, London is the 15th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £356k less expensive than the average property in N21.
23, Meadow Bank, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Feb 2020.
The property is connected to mains gas and has some secondary glazing. It is heated using warm air.
The closest station to 23, Meadow Bank, London is Winchmore Hill station which is 900 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 23, Meadow Bank, London, 55.5% of property is privately rented and 23.6% 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 23, Meadow Bank, London, 18.2% of residents are recorded as possessing school level qualifications and 44.3% 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 23, Meadow Bank, London, the average age was 39.9 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 23, Meadow Bank, London, 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 23, Meadow Bank, London, 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.