According to the public record, 40, Wise Lane, London is a mid-century freehold house and with 1,232 ft2 of internal area and sits on a 530 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Wise Lane, London, NW7 is located in the borough of Barnet within the NW7 postal district.
40, Wise Lane, London has a single entry in the Land Registry database from June 2011 and a single entry in the EPC database dated November 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 40 Wise Lane London as £1,030,305 and the rental value as £3,493 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 40 Wise Lane London has increased by £6,103 (0.6%) and its rental value has increased by £177 per month (5.1%).
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 40, Wise Lane, London is in very good condition we estimate a sale value of £1,081,820 and rental value of £3,668 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £958,183 and a rental value of £3,248 per month.
If you were able to purchase this property for the estimated value of £1,030,305, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,064 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, 40, Wise Lane, London sits on a plot of 530m2.
We have plot size data on 16 out of 25 other houses in the postcode and 40, Wise Lane, London sits on the 8th largest plot.
According to HM Land Registry, 40, Wise Lane, London was last sold on 22 Jun 2011 for £580,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2011, the market for similar properties has risen 58.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Wise Lane, London within a radius of 90m over the last 2 years.
The most recent example is 34, Wise Lane, London, NW7 2RE, a Freehold house which sold for £945,000 in Jun 2022.
Read more about house prices in NW7.
Wise Lane, London, NW7 has a total of 115 addresses. According to our analysis of all the public data, 40, Wise Lane, London is the 90th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £300k more expensive than the average property in NW7.
40, Wise Lane, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Nov 2010.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 40, Wise Lane, London is Mill Hill East station which is 1.3 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 40, Wise Lane, London, 48.8% of property is privately owned outright and 41.1% 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 40, Wise Lane, London, 23.3% of residents are recorded as possessing school level qualifications and 55.9% 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 40, Wise Lane, London, the average age was 37.8 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 40, Wise Lane, London, 1.0% 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 40, Wise Lane, London, there are an average of 1.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.