According to the public record, 51, Colchester Road, Edgware is a period leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Colchester Road, Edgware, HA8 is located in the borough of Barnet within the HA8 postal district.
51, Colchester Road, Edgware has 21 entries in the Land Registry database, most recently in March 2014 and a single entry in the EPC database dated December 2013.
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 51 Colchester Road Edgware as £271,086 and the rental value as £1,420 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 51 Colchester Road Edgware has decreased by £6,558 (2.4%) and its rental value has increased by £43 per month (3.0%).
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 51, Colchester Road, Edgware is in very good condition we estimate a sale value of £284,640 and rental value of £1,491 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,110 and a rental value of £1,320 per month.
If you were able to purchase this property for the estimated value of £271,086, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,332 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, 51, Colchester Road, Edgware was last sold on 28 Mar 2014 for £200,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2014, the market for similar properties has risen 30.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Colchester Road, Edgware within a radius of 450 metres over the last 2 years.
The most recent example is 36, Colchester Road, Edgware, HA8 0RA, a Leasehold flat which sold for £325,000 in Dec 2022.
Read more about house prices in HA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colchester Road, Edgware, HA8 has a total of 113 addresses. According to our analysis of all the public data, 51, Colchester Road, Edgware is the 99th largest and the 99th most expensive property on the street.
When compared to the postcode district it is £249k less expensive than the average property in HA8.
51, Colchester Road, Edgware has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Dec 2013.
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 51, Colchester Road, Edgware is Burnt Oak 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 51, Colchester Road, Edgware, 43.2% of property is socially rented and 24.5% 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 51, Colchester Road, Edgware, 25.3% of residents are recorded as possessing school level qualifications and 30.3% 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 51, Colchester Road, Edgware, the average age was 35.5 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 51, Colchester Road, Edgware, 0.2% 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 51, Colchester Road, Edgware, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.