According to the public record, 77, Millfield Road, Edgware is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 600 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Millfield Road, Edgware, HA8 is located in the borough of Barnet within the HA8 postal district.
77, Millfield Road, Edgware has 21 entries in the Land Registry database, most recently in November 2019 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 77 Millfield Road Edgware as £309,311 and the rental value as £1,519 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 77 Millfield Road Edgware has decreased by £5,034 (1.6%) and its rental value has increased by £44 per month (2.9%).
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 77, Millfield Road, Edgware is in very good condition we estimate a sale value of £324,776 and rental value of £1,595 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,659 and a rental value of £1,412 per month.
If you were able to purchase this property for the estimated value of £309,311, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,520 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, 77, Millfield Road, Edgware was last sold on 21 Nov 2019 for £257,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2019, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 77, Millfield Road, Edgware within a radius of 341m over the last 2 years.
The most recent example is 87, Millfield Road, Edgware, HA8 0DH, a Leasehold flat which sold for £295,000 in Jun 2023.
Read more about house prices in HA8.
Millfield Road, Edgware, HA8 has a total of 81 addresses. According to our analysis of all the public data, 77, Millfield Road, Edgware is the 73rd largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £211k less expensive than the average property in HA8.
The closest station to 77, Millfield Road, Edgware is Burnt Oak station which is 400 m 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 77, Millfield Road, Edgware, 36.3% of property is socially rented and 23.4% 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 77, Millfield Road, Edgware, 24.8% of residents are recorded as possessing school level qualifications and 27.9% 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 77, Millfield 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 77, Millfield Road, Edgware, 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 77, Millfield Road, Edgware, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.