According to the public record, Flat 2, Premier Lodge 1, London is a mid-century leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Premier Lodge, Redbourne Avenue, London, N3.
Redbourne Avenue, London, N3 is located in the borough of Barnet within the N3 postal district.
Flat 2, Premier Lodge 1, London has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated September 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 2 Premier Lodge 1 London as £294,669 and the rental value as £1,449 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 2 Premier Lodge 1 London has increased by £2,730 (0.9%) and its rental value has increased by £73 per month (5.1%).
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, Premier Lodge 1, London is in very good condition we estimate a sale value of £309,403 and rental value of £1,521 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,042 and a rental value of £1,347 per month.
If you were able to purchase this property for the estimated value of £294,669, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,448 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, Premier Lodge 1, London was last sold on 26 Apr 2022 for £300,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Premier Lodge 1, London within a radius of 370 metres over the last 2 years.
The most recent example is Flat 6, Lamborne House 33, Ballards Lane, London, N3 1XN, a Leasehold flat which sold for £283,000 in Mar 2023.
Read more about house prices in N3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redbourne Avenue, London, N3 has a total of 87 addresses. According to our analysis of all the public data, Flat 2, Premier Lodge 1, London is the 84th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £468k less expensive than the average property in N3.
Flat 2, Premier Lodge 1, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, Premier Lodge 1, London is Finchley Central station which is 200 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 2, Premier Lodge 1, London, 40.6% of property is privately rented and 36.7% is privately owned outright.
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, Premier Lodge 1, London, 16.2% of residents are recorded as possessing school level qualifications and 57.3% 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, Premier Lodge 1, London, the average age was 38.1 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 2, Premier Lodge 1, London, 1.9% 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, Premier Lodge 1, 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.