According to the public record, 37B, Hervey Close, London is a early-century leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 37, Hervey Close, London, N3.
Hervey Close, London, N3 is located in the borough of Barnet within the N3 postal district.
37B, Hervey Close, London has 21 entries in the Land Registry database, most recently in July 2006 and a single entry in the EPC database dated December 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 37B Hervey Close London as £499,705 and the rental value as £2,012 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 37B Hervey Close London has increased by £4,597 (0.9%) and its rental value has increased by £102 per month (5.1%).
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 37B, Hervey Close, London is in very good condition we estimate a sale value of £524,690 and rental value of £2,113 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £464,726 and a rental value of £1,871 per month.
If you were able to purchase this property for the estimated value of £499,705, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,456 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, 37B, Hervey Close, London was last sold on 11 Jul 2006 for £203,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37B, Hervey Close, London within a radius of 390 metres over the last 2 years.
The most recent example is Flat 2, 47, Hervey Close, London, N3 2HG, a Leasehold flat which sold for £580,000 in May 2023.
Read more about house prices in N3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hervey Close, London, N3 has a total of 122 addresses. According to our analysis of all the public data, 37B, Hervey Close, London is the 111th largest and the 112th most expensive property on the street.
When compared to the postcode district it is £263k less expensive than the average property in N3.
37B, Hervey Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Dec 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 37B, Hervey Close, London is Finchley Central 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 37B, Hervey Close, London, 40.6% of property is privately rented and 36.7% 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 37B, Hervey Close, London, 16.2% of residents are recorded as possessing school level qualifications and 57.3% 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 37B, Hervey Close, London, the average age was 38.1 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 37B, Hervey Close, London, 1.9% 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 37B, Hervey Close, London, 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.