According to the public record, 8 Bays Court, Edgware is a mid-century leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Bays Court, Hale Lane, Edgware, HA8.
Hale Lane, Edgware, HA8 is located in the borough of Barnet within the HA8 postal district.
8 Bays Court, Edgware has 31 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated July 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 8 Bays Court Edgware as £402,029 and the rental value as £1,830 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Bays Court Edgware has decreased by £13,838 (3.4%) and its rental value has increased by £32 per month (1.8%).
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 8 Bays Court, Edgware is in very good condition we estimate a sale value of £422,131 and rental value of £1,922 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,887 and a rental value of £1,702 per month.
If you were able to purchase this property for the estimated value of £402,029, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,976 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, 8 Bays Court, Edgware was last sold on 20 May 2021 for £385,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2021, the market for similar properties has dropped 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 Bays Court, Edgware within a radius of 510 metres over the last 2 years.
The most recent example is 4 Bays Court, Hale Lane, Edgware, HA8 9QS, a Leasehold flat which sold for £450,000 in Nov 2023.
Read more about house prices in HA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hale Lane, Edgware, HA8 has a total of 324 addresses. According to our analysis of all the public data, 8 Bays Court, Edgware is the 183rd largest and the 187th most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in HA8.
8 Bays Court, Edgware has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Jul 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 8 Bays Court, Edgware is Edgware station which is 700 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 8 Bays Court, Edgware, 37.9% of property is privately rented and 37.1% 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 8 Bays Court, Edgware, 16.5% of residents are recorded as possessing school level qualifications and 40.6% 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 8 Bays Court, Edgware, the average age was 37.9 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 8 Bays Court, Edgware, 0.9% 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 8 Bays Court, Edgware, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.