According to the public record, 261B, Ballards Lane, London is a period leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 261, Ballards Lane, London, N3.
Ballards Lane, London, N3 is located in the borough of Barnet within the N3 postal district.
261B, Ballards Lane, London has 3 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated March 2014.
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 261B Ballards Lane London as £370,411 and the rental value as £1,773 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 261B Ballards Lane London has increased by £6,576 (1.8%) and its rental value has increased by £87 per month (4.9%).
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 261B, Ballards Lane, London is in very good condition we estimate a sale value of £388,932 and rental value of £1,862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,483 and a rental value of £1,649 per month.
If you were able to purchase this property for the estimated value of £370,411, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,820 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, 261B, Ballards Lane, London was last sold on 01 Nov 2021 for £368,150 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2021, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 261B, Ballards Lane, London within a radius of 410 metres over the last 2 years.
The most recent example is Flat 7, Moss Hall Court , Moss Hall Grove, London, N12 8PD, a Leasehold flat which sold for £395,000 in Feb 2024.
Read more about house prices in N3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ballards Lane, London, N3 has a total of 639 addresses. According to our analysis of all the public data, 261B, Ballards Lane, London is the 473rd largest and the 458th most expensive property on the street.
When compared to the postcode district it is £392k less expensive than the average property in N3.
261B, Ballards Lane, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Mar 2014.
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 261B, Ballards Lane, London is West Finchley station which is 400 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 261B, Ballards Lane, London, 65.1% of property is privately rented and 17.5% 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 261B, Ballards Lane, London, 20.8% of residents are recorded as possessing school level qualifications and 60.9% 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 261B, Ballards Lane, London, the average age was 39.3 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 261B, Ballards Lane, London, 0.4% 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 261B, Ballards Lane, London, 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.