According to the public record, 50, Lanacre Avenue, London is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lanacre Avenue, London, NW9 is located in the borough of Barnet within the NW9 postal district.
50, Lanacre Avenue, London has a single entry in the Land Registry database from May 2024 and a single entry in the EPC database dated November 2023.
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 50 Lanacre Avenue London as £319,281 and the rental value as £1,755 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 50 Lanacre Avenue London has increased by £4,294 (1.3%) and its rental value has increased by £63 per month (3.6%).
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 50, Lanacre Avenue, London is in very good condition we estimate a sale value of £335,246 and rental value of £1,843 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,932 and a rental value of £1,632 per month.
If you were able to purchase this property for the estimated value of £319,281, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,569 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, 50, Lanacre Avenue, London was last sold on 24 May 2024 for £325,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2024, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Lanacre Avenue, London within a radius of 360 metres over the last 2 years.
The most recent example is 47, Lanacre Avenue, London, NW9 5FN, a Leasehold flat which sold for £275,000 in Apr 2024.
Read more about house prices in NW9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lanacre Avenue, London, NW9 has a total of 194 addresses. According to our analysis of all the public data, 50, Lanacre Avenue, London is the 95th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in NW9.
50, Lanacre Avenue, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 50, Lanacre Avenue, London is Colindale station which is 600 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 50, Lanacre Avenue, London, 62.5% of property is socially rented and 15.0% 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 50, Lanacre Avenue, London, 18.8% of residents are recorded as possessing school level qualifications and 38.7% 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 50, Lanacre Avenue, London, the average age was 33.5 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 50, Lanacre Avenue, 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 50, Lanacre Avenue, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.