According to the public record, 6, Somerset Lodge 16, Barnet is a mid-century leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Somerset Lodge, Lyonsdown Road, New Barnet, Barnet, EN5.
Lyonsdown Road, New Barnet, Barnet, EN5 is located in the borough of Barnet within the EN5 postal district.
6, Somerset Lodge 16, Barnet has 21 entries in the Land Registry database, most recently in July 2009 and a single entry in the EPC database dated October 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 6 Somerset Lodge 16 Barnet as £364,560 and the rental value as £1,688 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 6 Somerset Lodge 16 Barnet has increased by £1,164 (0.3%) and its rental value has increased by £72 per month (4.3%).
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 6, Somerset Lodge 16, Barnet is in very good condition we estimate a sale value of £382,787 and rental value of £1,773 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,040 and a rental value of £1,570 per month.
If you were able to purchase this property for the estimated value of £364,560, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,792 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, 6, Somerset Lodge 16, Barnet was last sold on 16 Jul 2009 for £227,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2009, the market for similar properties has risen 68.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Somerset Lodge 16, Barnet within a radius of 380 metres over the last 2 years.
The most recent example is 13, North Lodge 46, Somerset Road, Barnet, EN5 1RJ, a Leasehold flat which sold for £380,000 in Jan 2024.
Read more about house prices in EN5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lyonsdown Road, New Barnet, Barnet, EN5 has a total of 315 addresses. According to our analysis of all the public data, 6, Somerset Lodge 16, Barnet is the 129th largest and the 146th most expensive property on the street.
When compared to the postcode district it is £260k less expensive than the average property in EN5.
6, Somerset Lodge 16, Barnet has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Oct 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 6, Somerset Lodge 16, Barnet is New Barnet station which is 200 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 6, Somerset Lodge 16, Barnet, 51.7% of property is socially rented and 19.2% 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 6, Somerset Lodge 16, Barnet, 15.3% of residents are recorded as possessing school level qualifications and 38.6% 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 6, Somerset Lodge 16, Barnet, the average age was 40.4 and the most common age was 37.
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 6, Somerset Lodge 16, Barnet, 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 6, Somerset Lodge 16, Barnet, 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.