According to the public record, 37, Hermitage Lane, London is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,932 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Hermitage Lane, London, NW2 is located in the borough of Barnet within the NW2 postal district.
37, Hermitage Lane, London has a single entry in the Land Registry database from May 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 37 Hermitage Lane London as £1,753,819 and the rental value as £6,995 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 37 Hermitage Lane London has increased by £10,316 (0.6%) and its rental value has increased by £302 per month (4.3%).
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 37, Hermitage Lane, London is in very good condition we estimate a sale value of £1,841,510 and rental value of £7,345 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,631,052 and a rental value of £6,506 per month.
If you were able to purchase this property for the estimated value of £1,753,819, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £8,619 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, 37, Hermitage Lane, London was last sold on 10 May 2012 for £1,400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2012, the market for similar properties has risen 45.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Hermitage Lane, London within a radius of 113m over the last 2 years.
The most recent example is 3, Hermitage Gardens, London, NW2 2EZ, a Freehold house which sold for £1,857,500 in Sep 2022.
Read more about house prices in NW2.
Hermitage Lane, London, NW2 has a total of 111 addresses. According to our analysis of all the public data, 37, Hermitage Lane, London is the 26th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £1.166m more expensive than the average property in NW2.
The closest station to 37, Hermitage Lane, London is Golders Green station which is 1.1 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 37, Hermitage Lane, London, 37.1% of property is privately owned outright and 37.1% 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 37, Hermitage Lane, London, 26.6% of residents are recorded as possessing school level qualifications and 65.4% 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 37, Hermitage Lane, London, the average age was 36.5 and the most common age was 32.
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 37, Hermitage Lane, London, 7.1% 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 37, Hermitage Lane, London, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.