According to the public record, Flat 4, Olive Court 40, Edgware is a modern leasehold apartment and with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Olive Court, Edgwarebury Gardens, Edgware, HA8.
Edgwarebury Gardens, Edgware, HA8 is located in the borough of Barnet within the HA8 postal district.
Flat 4, Olive Court 40, Edgware has a single entry in the Land Registry database from March 2007 and 2 entries in the EPC database, most recently in April 2019.
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 Olive Court 40 Edgware as £489,881 and the rental value as £1,977 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 4 Olive Court 40 Edgware has decreased by £14,502 (3.0%) and its rental value has increased by £53 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, Olive Court 40, Edgware is in very good condition we estimate a sale value of £514,375 and rental value of £2,076 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £455,589 and a rental value of £1,839 per month.
If you were able to purchase this property for the estimated value of £489,881, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,408 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, Olive Court 40, Edgware was last sold on 30 Mar 2007 for £369,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 51.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Olive Court 40, Edgware within a radius of 347m over the last 2 years.
The most recent example is Flat 11, Beehive Court 1, Stream Lane, Edgware, HA8 7YB, a Leasehold flat which sold for £260,000 in Oct 2008.
Read more about house prices in HA8.
Edgwarebury Gardens, Edgware, HA8 has a total of 57 addresses. According to our analysis of all the public data, Flat 4, Olive Court 40, Edgware is the 55th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in HA8.
Flat 4, Olive Court 40, Edgware has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Apr 2019.
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, Olive Court 40, Edgware is Edgware station which is 400 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 4, Olive Court 40, Edgware, 40.9% of property is privately owned outright and 29.9% 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 4, Olive Court 40, Edgware, 24.5% of residents are recorded as possessing school level qualifications and 50.7% 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 4, Olive Court 40, Edgware, the average age was 38.2 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 4, Olive Court 40, Edgware, 0.8% 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, Olive Court 40, Edgware, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.