According to the public record, 55, Norfolk Close, London is a mid-century leasehold apartment with 659 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Norfolk Close, London, N2 is located in the borough of Barnet within the N2 postal district.
55, Norfolk Close, London has 2 entries in the Land Registry database, most recently in March 2013 and a single entry in the EPC database dated August 2009.
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 55 Norfolk Close London as £319,599 and the rental value as £1,501 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 55 Norfolk Close London has increased by £9,343 (2.9%) and its rental value has increased by £77 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 55, Norfolk Close, London is in very good condition we estimate a sale value of £335,579 and rental value of £1,576 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,227 and a rental value of £1,396 per month.
If you were able to purchase this property for the estimated value of £319,599, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,571 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, 55, Norfolk Close, London was last sold on 28 Mar 2013 for £210,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2013, the market for similar properties has risen 45.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Norfolk Close, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat 6, Garden Lodge Court, Church Lane, London, N2 8DU, a Leasehold flat which sold for £331,000 in Nov 2023.
Read more about house prices in N2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norfolk Close, London, N2 has a total of 66 addresses. According to our analysis of all the public data, 55, Norfolk Close, London is the 49th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £699k less expensive than the average property in N2.
55, Norfolk Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Aug 2009.
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 55, Norfolk Close, London is East Finchley 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 55, Norfolk Close, London, 50.4% of property is socially rented and 34.8% 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 55, Norfolk Close, London, 26.2% of residents are recorded as possessing school level qualifications and 44.9% 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 55, Norfolk Close, London, the average age was 38.3 and the most common age was 42.
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 55, Norfolk Close, 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 55, Norfolk Close, 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.