According to the public record, 55, Park Drive, London is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,227 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Park Drive, London, N21 is located in the borough of Enfield within the N21 postal district.
55, Park Drive, London has a single entry in the Land Registry database from July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 55 Park Drive London as £859,953 and the rental value as £3,406 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 55 Park Drive London has increased by £15,371 (1.8%) and its rental value has increased by £205 per month (6.0%).
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 55, Park Drive, London is in very good condition we estimate a sale value of £902,950 and rental value of £3,576 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £799,756 and a rental value of £3,167 per month.
If you were able to purchase this property for the estimated value of £859,953, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,226 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, Park Drive, London was last sold on 30 Jul 2007 for £434,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2007, the market for similar properties has risen 79.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Park Drive, London within a radius of 640 metres over the last 2 years.
The most recent example is 21, Grange Park Avenue, London, N21 2LP, a Freehold house which sold for £820,000 in Mar 2023.
Read more about house prices in N21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Drive, London, N21 has a total of 98 addresses. According to our analysis of all the public data, 55, Park Drive, London is the 81st largest and the 81st most expensive property on the street.
When compared to the postcode district it is £117k more expensive than the average property in N21.
The closest station to 55, Park Drive, London is Grange Park 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 55, Park Drive, London, 48.7% of property is privately owned with a mortgage and 38.7% is privately owned outright.
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, Park Drive, London, 21.7% of residents are recorded as possessing school level qualifications and 48.6% 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 55, Park Drive, London, the average age was 44.3 and the most common age was 52.
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, Park Drive, London, 3.2% 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 55, Park Drive, London, there are an average of 1.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.