According to the public record, 49B, Richmond Road, Barnet is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 838 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 49, Richmond Road, New Barnet, Barnet, EN5.
Richmond Road, New Barnet, Barnet, EN5 is located in the borough of Barnet within the EN5 postal district.
49B, Richmond Road, Barnet has 21 entries in the Land Registry database, most recently in October 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 49B Richmond Road Barnet as £471,128 and the rental value as £1,931 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 49B Richmond Road Barnet has increased by £6,870 (1.5%) and its rental value has increased by £108 per month (5.6%).
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 49B, Richmond Road, Barnet is in very good condition we estimate a sale value of £494,684 and rental value of £2,028 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,149 and a rental value of £1,796 per month.
If you were able to purchase this property for the estimated value of £471,128, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,315 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, 49B, Richmond Road, Barnet was last sold on 17 Oct 2008 for £297,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2008, the market for similar properties has risen 71.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49B, Richmond Road, Barnet within a radius of 400 metres over the last 2 years.
The most recent example is 1, Westbury Court 39, Lyonsdown Road, Barnet, EN5 1LE, a Leasehold flat which sold for £450,000 in Feb 2022.
Read more about house prices in EN5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Road, New Barnet, Barnet, EN5 has a total of 102 addresses. According to our analysis of all the public data, 49B, Richmond Road, Barnet is the 86th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in EN5.
The closest station to 49B, Richmond Road, Barnet is New Barnet station which is 200 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 49B, Richmond Road, Barnet, 44.4% of property is privately owned outright and 34.9% 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 49B, Richmond Road, Barnet, 19.2% of residents are recorded as possessing school level qualifications and 57.8% 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 49B, Richmond Road, Barnet, the average age was 40.4 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 49B, Richmond Road, Barnet, 1.7% 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 49B, Richmond Road, Barnet, 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.