According to the public record, Flat 27, Penfield Court 2, London is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Penfield Court, Tanner Close, London, NW9.
Tanner Close, London, NW9 is located in the borough of Barnet within the NW9 postal district.
Flat 27, Penfield Court 2, London has a single entry in the Land Registry database from May 2013 and a single entry in the EPC database dated November 2022.
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 27 Penfield Court 2 London as £299,186 and the rental value as £1,560 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 27 Penfield Court 2 London has increased by £8,672 (2.9%) and its rental value has increased by £67 per month (4.3%).
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 27, Penfield Court 2, London is in very good condition we estimate a sale value of £314,145 and rental value of £1,638 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,243 and a rental value of £1,451 per month.
If you were able to purchase this property for the estimated value of £299,186, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,470 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 27, Penfield Court 2, London was last sold on 17 May 2013 for £231,325 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2013, the market for similar properties has risen 43.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 27, Penfield Court 2, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 35, Theodor Court 1, Nobel Close, London, NW9 5TF, a Leasehold flat which sold for £300,000 in Apr 2024.
Read more about house prices in NW9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to Flat 27, Penfield Court 2, London within a radius of 280 metres over the last 2 years.
Most recently 34, Aeroville, London, NW9 5JT, a Leasehold flat let by Fine Living in Aug 2021.
Tanner Close, London, NW9 has a total of 35 addresses. According to our analysis of all the public data, Flat 27, Penfield Court 2, London is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in NW9.
Flat 27, Penfield Court 2, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Nov 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 27, Penfield Court 2, London is Colindale 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 27, Penfield Court 2, London, 70.8% of property is privately rented and 13.5% 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 27, Penfield Court 2, London, 19.8% of residents are recorded as possessing school level qualifications and 39.3% 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 27, Penfield Court 2, London, the average age was 38.7 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 27, Penfield Court 2, London, 0.4% 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 27, Penfield Court 2, 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.