As updated by Fine Living in Jul 2024, 1B, Heriot Road, London is a early-century leasehold apartment with 850 ft2 of internal area comprising 3 bedrooms .
This property has a long lease.
The apartment is in 1, Heriot Road, London, NW4.
Heriot Road, London, NW4 is located in the borough of Barnet within the NW4 postal district.
Based on both the data supplied by Fine Living and the public information available in the area, we estimate the current sale value for 1B Heriot Road London as £459,388 and the rental value as £2,155 per month giving an expected gross yield of 5.6%.
Fine Living described the decorative condition as fair in Jul 2024.
Over the last 12 months the sale value of 1B Heriot Road London has increased by £7,651 (1.7%) and its rental value has increased by £82 per month (3.8%).
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 1B, Heriot Road, London is in very good condition we estimate a sale value of £482,358 and rental value of £2,262 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £427,231 and a rental value of £2,004 per month.
If you were able to purchase this property for the estimated value of £459,388, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,258 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 Fine Living , 1B, Heriot Road, London was let once since 2021 with the latest being in Aug 2024 for an undisclosed price.
Since Aug 2024, the market values of similar properties has risen 0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1B, Heriot Road, London within a radius of 408m over the last 2 years.
The most recent example is Flat 19, Collingwood Court, Queens Road, London, NW4 2HE, a Leasehold flat which sold for £485,000 in May 2024.
Read more about house prices in NW4.
Heriot Road, London, NW4 has a total of 45 addresses. According to our analysis of all the public data, 1B, Heriot Road, London is the 24th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £194k less expensive than the average property in NW4.
1B, Heriot Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Mar 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 1B, Heriot Road, London is Hendon Central station which is 500 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 1B, Heriot Road, London, 54.7% of property is privately rented and 23.7% 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 1B, Heriot Road, London, 20.3% of residents are recorded as possessing school level qualifications and 54.0% 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 1B, Heriot Road, London, the average age was 36.1 and the most common age was 22.
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 1B, Heriot Road, London, 2.3% 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 1B, Heriot Road, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.