According to the public record, Flat 18, Fernwood Court 5, London is a modern leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Fernwood Court, Pickard Close, London, N14.
Pickard Close, London, N14 is located in the borough of Enfield within the N14 postal district.
Flat 18, Fernwood Court 5, London has 21 entries in the Land Registry database, most recently in September 2019 and a single entry in the EPC database dated May 2016.
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 18 Fernwood Court 5 London as £413,309 and the rental value as £1,889 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 18 Fernwood Court 5 London has increased by £4,084 (1.0%) and its rental value has increased by £93 per month (4.9%).
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 18, Fernwood Court 5, London is in very good condition we estimate a sale value of £433,974 and rental value of £1,983 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £384,377 and a rental value of £1,757 per month.
If you were able to purchase this property for the estimated value of £413,309, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,031 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 18, Fernwood Court 5, London was last sold on 06 Sep 2019 for £330,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2019, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, Fernwood Court 5, London within a radius of 430 metres over the last 2 years.
The most recent example is Flat 14, Hyacinth Court 123, Chelmsford Road, London, N14 4JN, a Leasehold flat which sold for £377,500 in Jun 2023.
Read more about house prices in N14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pickard Close, London, N14 has a total of 109 addresses. According to our analysis of all the public data, Flat 18, Fernwood Court 5, London is the 51st largest and the 50th most expensive property on the street.
When compared to the postcode district it is £261k less expensive than the average property in N14.
Flat 18, Fernwood Court 5, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 May 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 18, Fernwood Court 5, London is Southgate station which is 300 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 18, Fernwood Court 5, London, 72.5% of property is privately rented and 14.1% 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 18, Fernwood Court 5, London, 20.6% of residents are recorded as possessing school level qualifications and 50.7% 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 18, Fernwood Court 5, London, the average age was 39 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 18, Fernwood Court 5, 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 Flat 18, Fernwood Court 5, 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.