According to the public record, Flat 40, Finlay House 1, London is a modern leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Finlay House, Commander Avenue, London, NW9.
Commander Avenue, London, NW9 is located in the borough of Barnet within the NW9 postal district.
Flat 40, Finlay House 1, London has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated November 2021.
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 40 Finlay House 1 London as £536,282 and the rental value as £2,504 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 40 Finlay House 1 London has increased by £388 (0.1%) and its rental value has increased by £40 per month (1.6%).
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 40, Finlay House 1, London is in very good condition we estimate a sale value of £563,096 and rental value of £2,629 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £498,742 and a rental value of £2,329 per month.
If you were able to purchase this property for the estimated value of £536,282, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,636 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 40, Finlay House 1, London was last sold on 21 Mar 2022 for £561,765 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has dropped 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, Finlay House 1, London within a radius of 220 metres over the last 2 years.
The most recent example is Flat 34, Finlay House 1, Commander Avenue, London, NW9 4FD, a Leasehold flat which sold for £562,603 in Sep 2022.
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 within a 220 metres radius of Flat 40, Finlay House 1, London over the last 2 years.
Most recently Flat 35, Carleton House 20, Boulevard Drive, London, NW9 5QF, a Leasehold flat let by Fine Living in Mar 2022.
Commander Avenue, London, NW9 has a total of 241 addresses. According to our analysis of all the public data, Flat 40, Finlay House 1, London is the 127th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in NW9.
Flat 40, Finlay House 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Flat 40, Finlay House 1, London is Colindale station which is 800 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 40, Finlay House 1, London, 77.8% of property is privately rented and 10.1% 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 40, Finlay House 1, London, 21.0% of residents are recorded as possessing school level qualifications and 35.0% 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 40, Finlay House 1, 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 40, Finlay House 1, London, 0.6% 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 40, Finlay House 1, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.