According to the public record, Apartment 4, 4, Explorer Way, London is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 4, Explorer Way, London, NW7.
Explorer Way, London, NW7 is located in the borough of Barnet within the NW7 postal district.
Apartment 4, 4, Explorer Way, London has a single entry in the Land Registry database from October 2022 and a single entry in the EPC database dated October 2021.
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 good condition, we estimate the current sale value for Apartment 4 4 Explorer Way London as £467,516 and the rental value as £2,034 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Apartment 4 4 Explorer Way London has decreased by £822 (0.2%) and its rental value has increased by £74 per month (3.6%).
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 Apartment 4, 4, Explorer Way, London is in very good condition we estimate a sale value of £490,892 and rental value of £2,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £434,790 and a rental value of £1,892 per month.
If you were able to purchase this property for the estimated value of £467,516, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,298 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, Apartment 4, 4, Explorer Way, London was last sold on 06 Oct 2022 for £438,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2022, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 4, 4, Explorer Way, London within a radius of 410 metres over the last 2 years.
The most recent example is Apartment 12, 4, Explorer Way, London, NW7 1UP, a Leasehold flat which sold for £440,000 in Oct 2022.
Read more about house prices in NW7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 410 metres radius of Apartment 4, 4, Explorer Way, London over the last 2 years.
Most recently Flat 21, Wrest House 27, Inglis Way, London, NW7 1TP, a Leasehold flat let by London Property Management in Jul 2022.
Explorer Way, London, NW7 has a total of 110 addresses. According to our analysis of all the public data, Apartment 4, 4, Explorer Way, London is the 88th largest and the 77th most expensive property on the street.
When compared to the postcode district it is £263k less expensive than the average property in NW7.
Apartment 4, 4, Explorer Way, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Oct 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Apartment 4, 4, Explorer Way, London is Mill Hill East station which is 100 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 Apartment 4, 4, Explorer Way, London, % of property is and % is .
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 Apartment 4, 4, Explorer Way, London, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Apartment 4, 4, Explorer Way, London, 0.0% of property was a second home.
Comparison figures for This region 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 Apartment 4, 4, Explorer Way, London, there are an average of 0.0 cars per household.
See below for how this compares to This region and the rest of England & Wales.