According to the public record, 56, Raynham Road, London is a period leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 56, Raynham Road, London, N18.
Raynham Road, London, N18 is located in the borough of Enfield within the N18 postal district.
56, Raynham Road, London has 3 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated September 2022.
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 56 Raynham Road London as £292,802 and the rental value as £1,489 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 56 Raynham Road London has increased by £1,662 (0.6%) and its rental value has increased by £72 per month (4.9%).
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 56, Raynham Road, London is in very good condition we estimate a sale value of £307,442 and rental value of £1,563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,306 and a rental value of £1,385 per month.
If you were able to purchase this property for the estimated value of £292,802, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,439 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, 56, Raynham Road, London was last sold on 26 Jul 2022 for £290,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Raynham Road, London within a radius of 370 metres over the last 2 years.
The most recent example is 44, Wakefield Street, London, N18 2AF, a Leasehold flat which sold for £262,500 in Jul 2023.
Read more about house prices in N18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Raynham Road, London, N18 has a total of 13 addresses. According to our analysis of all the public data, 56, Raynham Road, London is the 12th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in N18.
56, Raynham Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Sep 2022.
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 56, Raynham Road, London is Silver Street 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 56, Raynham Road, London, 49.3% of property is privately rented and 19.0% 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 56, Raynham Road, London, 27.3% of residents are recorded as possessing school level qualifications and 27.8% 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 56, Raynham Road, London, the average age was 34 and the most common age was 7.
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 56, Raynham Road, 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 56, Raynham Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.