According to the public record, Flat 4, Balmoral Court, Edgware is a modern leasehold apartment and with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Balmoral Court, Priory Field Drive, Edgware, HA8.
Priory Field Drive, Edgware, HA8 is located in the borough of Barnet within the HA8 postal district.
Flat 4, Balmoral Court, Edgware has 31 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated April 2017.
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 4 Balmoral Court Edgware as £348,583 and the rental value as £1,570 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 4 Balmoral Court Edgware has decreased by £8,861 (2.5%) and its rental value has increased by £43 per month (2.7%).
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 4, Balmoral Court, Edgware is in very good condition we estimate a sale value of £366,012 and rental value of £1,648 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,182 and a rental value of £1,460 per month.
If you were able to purchase this property for the estimated value of £348,583, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,713 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 4, Balmoral Court, Edgware was last sold on 24 Oct 2022 for £418,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Balmoral Court, Edgware within a radius of 62m over the last 2 years.
The most recent example is Flat 11, Sandringham Court, Priory Field Drive, Edgware, HA8 9QU, a Leasehold flat which sold for £340,000 in Sep 2022.
Read more about house prices in HA8.
Priory Field Drive, Edgware, HA8 has a total of 123 addresses. According to our analysis of all the public data, Flat 4, Balmoral Court, Edgware is the 83rd largest and the 89th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in HA8.
Flat 4, Balmoral Court, Edgware has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 4, Balmoral Court, Edgware is Edgware 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 4, Balmoral Court, Edgware, 37.9% of property is privately rented and 37.1% 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 4, Balmoral Court, Edgware, 16.5% of residents are recorded as possessing school level qualifications and 40.6% 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 4, Balmoral Court, Edgware, the average age was 37.9 and the most common age was 7.
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 4, Balmoral Court, Edgware, 0.9% 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 4, Balmoral Court, Edgware, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.