According to the public record, Flat 2, 5, Second Avenue, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 487 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 5, Second Avenue, London, NW4.
Second Avenue, London, NW4 is located in the borough of Barnet within the NW4 postal district.
Flat 2, 5, Second Avenue, London has a single entry in the Land Registry database from October 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 2 5 Second Avenue London as £330,271 and the rental value as £1,436 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 2 5 Second Avenue London has increased by £4,524 (1.4%) and its rental value has increased by £51 per month (3.5%).
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 2, 5, Second Avenue, London is in very good condition we estimate a sale value of £346,785 and rental value of £1,508 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,152 and a rental value of £1,336 per month.
If you were able to purchase this property for the estimated value of £330,271, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,623 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 2, 5, Second Avenue, London was last sold on 14 Oct 2010 for £170,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2010, the market for similar properties has risen 56.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 5, Second Avenue, London within a radius of 271m over the last 2 years.
The most recent example is Flat 37, Burnham Court, Brent Street, London, NW4 2RE, a Leasehold flat which sold for £308,000 in Jul 2023.
Read more about house prices in NW4.
Second Avenue, London, NW4 has a total of 71 addresses. According to our analysis of all the public data, Flat 2, 5, Second Avenue, London is the 61st largest and the 47th most expensive property on the street.
When compared to the postcode district it is £323k less expensive than the average property in NW4.
The closest station to Flat 2, 5, Second Avenue, London is Hendon Central station which is 1.0 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 2, 5, Second Avenue, London, 61.4% of property is privately rented and 24.1% 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 2, 5, Second Avenue, London, 29.3% of residents are recorded as possessing school level qualifications and 46.6% 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 2, 5, Second Avenue, London, the average age was 36.1 and the most common age was 22.
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 2, 5, Second Avenue, London, 0.8% 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 2, 5, Second Avenue, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.