According to the public record, 298, Long Lane, London is a period freehold house with 736 ft2 of internal area and sits on a 121 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Long Lane, London, N2 is located in the borough of Barnet within the N2 postal district.
298, Long Lane, London has 41 entries in the Land Registry database, most recently in December 2010 and a single entry in the EPC database dated July 2010.
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 298 Long Lane London as £513,736 and the rental value as £2,346 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 298 Long Lane London has increased by £21,420 (4.2%) and its rental value has increased by £159 per month (6.8%).
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 298, Long Lane, London is in very good condition we estimate a sale value of £539,423 and rental value of £2,463 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £477,775 and a rental value of £2,182 per month.
If you were able to purchase this property for the estimated value of £513,736, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,525 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, 298, Long Lane, London sits on a plot of 121m2.
We have plot size data on 14 out of 18 other houses in the postcode and 298, Long Lane, London sits on the 15th largest plot.
According to HM Land Registry, 298, Long Lane, London was last sold on 01 Dec 2010 for £330,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Dec 2010, the market for similar properties has risen 84.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 298, Long Lane, London within a radius of 430 metres over the last 2 years.
The most recent example is 6, Manor Cottages Approach, London, N2 8JR, a Freehold house which sold for £510,000 in Feb 2020.
Read more about house prices in N2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Long Lane, London, N2 has a total of 243 addresses. According to our analysis of all the public data, 298, Long Lane, London is the 134th largest and the 134th most expensive property on the street.
When compared to the postcode district it is £505k less expensive than the average property in N2.
298, Long Lane, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Jul 2010.
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 298, Long Lane, London is Finchley Central 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 298, Long Lane, London, 46.0% of property is privately owned outright and 38.9% 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 298, Long Lane, London, 16.9% of residents are recorded as possessing school level qualifications and 51.6% 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 298, Long Lane, London, the average age was 38.3 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 298, Long Lane, London, 0.7% 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 298, Long Lane, London, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.