According to the public record, Flat 24, Lofts Apartments 5, London is a modern leasehold apartment and with 990 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Lofts Apartments, Grenville Place, London, NW7.
Grenville Place, London, NW7 is located in the borough of Barnet within the NW7 postal district.
Flat 24, Lofts Apartments 5, London has 2 entries in the Land Registry database, most recently in September 2019 and a single entry in the EPC database dated August 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 24 Lofts Apartments 5 London as £528,451 and the rental value as £2,357 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 24 Lofts Apartments 5 London has decreased by £11,817 (2.2%) and its rental value has increased by £61 per month (2.6%).
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 24, Lofts Apartments 5, London is in very good condition we estimate a sale value of £554,873 and rental value of £2,475 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £491,459 and a rental value of £2,192 per month.
If you were able to purchase this property for the estimated value of £528,451, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,597 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 24, Lofts Apartments 5, London was last sold on 10 Sep 2019 for £563,750 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 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 24, Lofts Apartments 5, London within a radius of 0m over the last 2 years.
The most recent example is Flat 9, Lofts Apartments 5, Grenville Place, London, NW7 3AZ, a Leasehold flat which sold for £525,000 in Feb 2022.
Read more about house prices in NW7.
Grenville Place, London, NW7 has a total of 122 addresses. According to our analysis of all the public data, Flat 24, Lofts Apartments 5, London is the 28th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £202k less expensive than the average property in NW7.
Flat 24, Lofts Apartments 5, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Aug 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 24, Lofts Apartments 5, London is Mill Hill Broadway station which is 700 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 24, Lofts Apartments 5, London, 39.6% of property is privately rented and 32.2% 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 24, Lofts Apartments 5, London, 21.6% of residents are recorded as possessing school level qualifications and 57.7% 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 24, Lofts Apartments 5, London, the average age was 35.9 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 24, Lofts Apartments 5, London, 1.1% 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 24, Lofts Apartments 5, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.