According to the public record, Flat 1, Newgate House, London is a modern leasehold apartment and with 1,453 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Newgate House, Hammers Lane, London, NW7.
Hammers Lane, London, NW7 is located in the borough of Barnet within the NW7 postal district.
Flat 1, Newgate House, London has 2 entries in the Land Registry database, most recently in October 2018 and a single entry in the EPC database dated March 2015.
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 Flat 1 Newgate House London as £1,222,961 and the rental value as £4,498 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Flat 1 Newgate House London has decreased by £39,827 (3.3%) and its rental value has increased by £55 per month (1.2%).
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 Flat 1, Newgate House, London is in very good condition we estimate a sale value of £1,284,109 and rental value of £4,722 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,137,354 and a rental value of £4,183 per month.
If you were able to purchase this property for the estimated value of £1,222,961, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,010 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, Flat 1, Newgate House, London was last sold on 12 Oct 2018 for £1,300,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2018, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Newgate House, London within a radius of 42m over the last 2 years.
The most recent example is Flat 5, Collingham House, Hammers Lane, London, NW7 4AQ, a Leasehold flat which sold for £1,250,000 in Dec 2022.
Read more about house prices in NW7.
Hammers Lane, London, NW7 has a total of 115 addresses. According to our analysis of all the public data, Flat 1, Newgate House, London is the 38th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £492k more expensive than the average property in NW7.
Flat 1, Newgate House, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Mar 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 1, Newgate House, London is Mill Hill Broadway station which is 1.2 km 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 Flat 1, Newgate House, London, 60.5% of property is privately owned outright and 24.9% is privately rented.
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 Flat 1, Newgate House, London, 38.7% of residents are recorded as possessing school level qualifications and 34.0% 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 Flat 1, Newgate House, London, the average age was 37.8 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 Flat 1, Newgate House, London, 6.2% 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 Flat 1, Newgate House, London, 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.