According to the public record, 42, Folkestone Road, London is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Folkestone Road, London, N18 is located in the borough of Enfield within the N18 postal district.
42, Folkestone Road, London has a single entry in the Land Registry database from December 2010 and a single entry in the EPC database dated May 2022.
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 42 Folkestone Road London as £204,753 and the rental value as £1,303 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 42 Folkestone Road London has increased by £1,075 (0.5%) and its rental value has increased by £65 per month (5.0%).
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 42, Folkestone Road, London is in very good condition we estimate a sale value of £214,991 and rental value of £1,368 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,421 and a rental value of £1,212 per month.
If you were able to purchase this property for the estimated value of £204,753, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,006 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, 42, Folkestone Road, London was last sold on 17 Dec 2010 for £115,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2010, the market for similar properties has risen 78.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Folkestone Road, London within a radius of 370 metres over the last 2 years.
The most recent example is 128, Pycroft Way, London, N9 9XR, a Leasehold flat which sold for £220,000 in Apr 2023.
Read more about house prices in N18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Folkestone Road, London, N18 has a total of 76 addresses. According to our analysis of all the public data, 42, Folkestone Road, London is the 60th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in N18.
42, Folkestone Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2022.
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 42, Folkestone Road, London is Silver Street station which is 400 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 42, Folkestone Road, London, 49.6% of property is socially rented and 20.2% is privately rented.
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 42, Folkestone Road, London, 32.6% 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 42, Folkestone Road, London, the average age was 34.5 and the most common age was 12.
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 42, Folkestone Road, London, 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 42, Folkestone Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.