According to the public record, 26, Lancaster Road, Enfield is a mid-century leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lancaster Road, Enfield, EN2 is located in the borough of Enfield within the EN2 postal district.
26, Lancaster Road, Enfield has 2 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated April 2013.
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 26 Lancaster Road Enfield as £304,048 and the rental value as £1,858 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 26 Lancaster Road Enfield has increased by £2,714 (0.9%) and its rental value has increased by £98 per month (5.3%).
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 26, Lancaster Road, Enfield is in very good condition we estimate a sale value of £319,251 and rental value of £1,951 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,765 and a rental value of £1,728 per month.
If you were able to purchase this property for the estimated value of £304,048, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,494 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, 26, Lancaster Road, Enfield was last sold on 26 Mar 2021 for £320,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Lancaster Road, Enfield within a radius of 420 metres over the last 2 years.
The most recent example is 7, Ivinghoe Close, Enfield, EN1 3HS, a Leasehold flat which sold for £300,000 in Nov 2022.
Read more about house prices in EN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Road, Enfield, EN2 has a total of 171 addresses. According to our analysis of all the public data, 26, Lancaster Road, Enfield is the 84th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £222k less expensive than the average property in EN2.
26, Lancaster Road, Enfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Apr 2013.
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 26, Lancaster Road, Enfield is Gordon Hill station which is 1.1 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 26, Lancaster Road, Enfield, 31.5% of property is socially rented and 24.6% 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 26, Lancaster Road, Enfield, 28.4% of residents are recorded as possessing school level qualifications and 39.3% 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 26, Lancaster Road, Enfield, the average age was 39.5 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 26, Lancaster Road, Enfield, 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 26, Lancaster Road, Enfield, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.