According to the public record, Flat 4, Lush House 12, London is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Lush House, Cornforth Lane, London, NW7.
Cornforth Lane, London, NW7 is located in the borough of Barnet within the NW7 postal district.
Flat 4, Lush House 12, London has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated June 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 good condition, we estimate the current sale value for Flat 4 Lush House 12 London as £530,065 and the rental value as £2,197 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 4 Lush House 12 London has decreased by £932 (0.2%) and its rental value has increased by £80 per month (3.6%).
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 4, Lush House 12, London is in very good condition we estimate a sale value of £556,568 and rental value of £2,307 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £492,960 and a rental value of £2,043 per month.
If you were able to purchase this property for the estimated value of £530,065, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,605 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, Lush House 12, London was last sold on 04 Jan 2023 for £569,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Lush House 12, London within a radius of 960 metres over the last 2 years.
The most recent example is Flat 23, Laidlaw House 15, Medawar Drive, London, NW7 1SS, a Leasehold flat which sold for £520,000 in Nov 2023.
Read more about house prices in NW7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 960 metres radius of Flat 4, Lush House 12, London over the last 2 years.
Most recently Flat 21, Wrest House 27, Inglis Way, London, NW7 1TP, a Leasehold flat let by London Property Management in Jul 2022.
Cornforth Lane, London, NW7 has a total of 83 addresses. According to our analysis of all the public data, Flat 4, Lush House 12, London is the 71st largest and the 51st most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in NW7.
Flat 4, Lush House 12, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Jun 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 4, Lush House 12, London is Mill Hill East station which is 1.2 kilometres 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, Lush House 12, London, % of property is and % is .
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, Lush House 12, London, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Lush House 12, London, 0.0% of property was a second home.
Comparison figures for This region 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, Lush House 12, London, there are an average of 0.0 cars per household.
See below for how this compares to This region and the rest of England & Wales.