According to the public record, Flat 1, Spring Court, Edgware is a mid-century leasehold apartment and with 818 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Spring Court, Stonegrove, Edgware, HA8.
Stonegrove, Edgware, HA8 is located in the borough of Barnet within the HA8 postal district.
Flat 1, Spring Court, Edgware has a single entry in the Land Registry database from April 2021 and a single entry in the EPC database dated January 2021.
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 Spring Court Edgware as £323,669 and the rental value as £1,666 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 1 Spring Court Edgware has decreased by £7,487 (2.3%) and its rental value has increased by £49 per month (2.9%).
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 Flat 1, Spring Court, Edgware is in very good condition we estimate a sale value of £339,852 and rental value of £1,749 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,012 and a rental value of £1,549 per month.
If you were able to purchase this property for the estimated value of £323,669, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,591 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, Spring Court, Edgware was last sold on 20 Apr 2021 for £317,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has dropped 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Spring Court, Edgware within a radius of 201m over the last 2 years.
The most recent example is Flat 14, Coniston Court, Stonegrove, Edgware, HA8 7TL, a Leasehold flat which sold for £360,000 in Mar 2022.
Read more about house prices in HA8.
Stonegrove, Edgware, HA8 has a total of 354 addresses. According to our analysis of all the public data, Flat 1, Spring Court, Edgware is the 176th largest and the 216th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in HA8.
Flat 1, Spring Court, Edgware has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to Flat 1, Spring Court, Edgware is Edgware station which is 900 m 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, Spring Court, Edgware, 33.7% of property is privately owned outright and 26.7% 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 Flat 1, Spring Court, Edgware, 21.2% of residents are recorded as possessing school level qualifications and 48.8% 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 Flat 1, Spring Court, Edgware, the average age was 37.9 and the most common age was 12.
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, Spring Court, Edgware, 1.3% 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, Spring Court, Edgware, 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.