According to the public record, 31, Welham Road, London is a modern leasehold apartment with 1,097 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Welham Road, London, N14 is located in the borough of Enfield within the N14 postal district.
31, Welham Road, London has a single entry in the Land Registry database from September 2020 and a single entry in the EPC database dated August 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 good condition, we estimate the current sale value for 31 Welham Road London as £570,001 and the rental value as £2,234 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 31 Welham Road London has increased by £11,550 (2.0%) and its rental value has increased by £135 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 31, Welham Road, London is in very good condition we estimate a sale value of £598,501 and rental value of £2,345 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £530,101 and a rental value of £2,077 per month.
If you were able to purchase this property for the estimated value of £570,001, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,801 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, 31, Welham Road, London was last sold on 28 Sep 2020 for £600,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2020, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Welham Road, London within a radius of 480 metres over the last 2 years.
The most recent example is 17, Welham Road, London, N14 4FB, a Leasehold flat which sold for £600,000 in Sep 2020.
Read more about house prices in N14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welham Road, London, N14 has a total of 77 addresses. According to our analysis of all the public data, 31, Welham Road, London is the 23rd largest and the 16th most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in N14.
31, Welham Road, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 31, Welham Road, London is Oakwood 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 31, Welham Road, London, 57.2% of property is socially rented and 17.5% 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 31, Welham Road, London, 23.2% of residents are recorded as possessing school level qualifications and 28.2% 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 31, Welham Road, London, the average age was 39 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 31, Welham Road, London, 0.3% 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 31, Welham Road, 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.