According to the public record, Flat 16, Tait, London is a mid-century leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Tait, Wiggins Mead, London, NW9.
Wiggins Mead, London, NW9 is located in the borough of Barnet within the NW9 postal district.
Flat 16, Tait, London has 2 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated October 2020.
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 16 Tait London as £205,990 and the rental value as £1,108 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 16 Tait London has increased by £1,741 (0.8%) and its rental value has increased by £45 per month (4.0%).
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 16, Tait, London is in very good condition we estimate a sale value of £216,289 and rental value of £1,164 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,571 and a rental value of £1,031 per month.
If you were able to purchase this property for the estimated value of £205,990, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,012 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 16, Tait, London was last sold on 29 Oct 2021 for £215,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2021, the market for similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, Tait, London within a radius of 400 metres over the last 2 years.
The most recent example is Flat 8, Roe, Satchell Mead, London, NW9 5UH, a Leasehold flat which sold for £192,500 in Aug 2015.
Read more about house prices in NW9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wiggins Mead, London, NW9 has a total of 82 addresses. According to our analysis of all the public data, Flat 16, Tait, London is the 40th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £255k less expensive than the average property in NW9.
Flat 16, Tait, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to Flat 16, Tait, London is Mill Hill Broadway station which is 900 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 Flat 16, Tait, London, 80.8% of property is socially rented and 13.5% 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 16, Tait, London, 37.4% of residents are recorded as possessing school level qualifications and 32.5% 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 16, Tait, London, the average age was 33.5 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 Flat 16, Tait, London, 0.0% 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 16, Tait, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.