According to the public record, 499B, Green Lanes, London is a period leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 499, Green Lanes, London, N13.
Green Lanes, London, N13 is located in the borough of Enfield within the N13 postal district.
499B, Green Lanes, London has a single entry in the Land Registry database from October 2014 and a single entry in the EPC database dated June 2019.
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 499B Green Lanes London as £303,845 and the rental value as £1,584 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 499B Green Lanes London has increased by £2,134 (0.7%) and its rental value has increased by £85 per month (5.4%).
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 499B, Green Lanes, London is in very good condition we estimate a sale value of £319,037 and rental value of £1,663 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,576 and a rental value of £1,473 per month.
If you were able to purchase this property for the estimated value of £303,845, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,493 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, 499B, Green Lanes, London was last sold on 24 Oct 2014 for £345,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2014, the market for similar properties has risen 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 499B, Green Lanes, London within a radius of 400 metres over the last 2 years.
The most recent example is 50, Pellipar Close, London, N13 4AG, a Leasehold flat which sold for £316,000 in Oct 2021.
Read more about house prices in N13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Lanes, London, N13 has a total of 803 addresses. According to our analysis of all the public data, 499B, Green Lanes, London is the 210th largest and the 427th most expensive property on the street.
When compared to the postcode district it is £243k less expensive than the average property in N13.
499B, Green Lanes, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jun 2019.
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 499B, Green Lanes, London is Palmers Green station which is 500 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 499B, Green Lanes, London, 71.2% of property is privately rented and 12.4% 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 499B, Green Lanes, London, 14.6% of residents are recorded as possessing school level qualifications and 37.3% 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 499B, Green Lanes, London, the average age was 39.9 and the most common age was 42.
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 499B, Green Lanes, London, 0.6% 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 499B, Green Lanes, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.