According to the public record, 5, Sanders Lane, London is a mid-century leasehold apartment and with 850 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Sanders Lane, London, NW7 is located in the borough of Barnet within the NW7 postal district.
5, Sanders Lane, London has 31 entries in the Land Registry database, most recently in August 2022 and 2 entries in the EPC database, most recently in January 2021.
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 5 Sanders Lane London as £362,262 and the rental value as £1,790 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 5 Sanders Lane London has increased by £1,005 (0.3%) and its rental value has increased by £75 per month (4.2%).
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 5, Sanders Lane, London is in very good condition we estimate a sale value of £380,375 and rental value of £1,880 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £336,903 and a rental value of £1,665 per month.
If you were able to purchase this property for the estimated value of £362,262, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,780 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, 5, Sanders Lane, London was last sold on 22 Aug 2022 for £357,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Sanders Lane, London within a radius of 52m over the last 2 years.
The most recent example is 11, Sanders Lane, London, NW7 1BX, a Leasehold flat which sold for £355,000 in Sep 2021.
Read more about house prices in NW7.
Our network of Estate Agents report 1 let within a 304m radius of 5, Sanders Lane, London over the last 2 years.
Most recently Flat 21, Wrest House 27, Inglis Way, London, NW7 1TP, a Leasehold flat let by London Property Management for an undisclosed amount in Jul 2022.
Sanders Lane, London, NW7 has a total of 52 addresses. According to our analysis of all the public data, 5, Sanders Lane, London is the 12th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £368k less expensive than the average property in NW7.
5, Sanders Lane, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jan 2021.
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 5, Sanders Lane, London is Mill Hill East station which is 300 m 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 5, Sanders Lane, London, 49.6% of property is socially rented and 22.1% 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 5, Sanders Lane, London, 21.5% of residents are recorded as possessing school level qualifications and 43.6% 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 5, Sanders 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 5, Sanders Lane, 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 5, Sanders Lane, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.