According to the public record, Flat 41, Serin Apartments 13, London is a modern leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Serin Apartments, Shearwater Drive, London, NW9.
Shearwater Drive, London, NW9 is located in the borough of Barnet within the NW9 postal district.
Flat 41, Serin Apartments 13, London has a single entry in the Land Registry database from February 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 41 Serin Apartments 13 London as £505,827 and the rental value as £2,693 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 41 Serin Apartments 13 London has decreased by £823 (0.2%) and its rental value has increased by £40 per month (1.5%).
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 41, Serin Apartments 13, London is in very good condition we estimate a sale value of £531,118 and rental value of £2,828 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £470,419 and a rental value of £2,504 per month.
If you were able to purchase this property for the estimated value of £505,827, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,486 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 41, Serin Apartments 13, London was last sold on 11 Feb 2022 for £540,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 41, Serin Apartments 13, London within a radius of 390 metres over the last 2 years.
The most recent example is Flat 34, Serin Apartments 13, Shearwater Drive, London, NW9 7FT, a Leasehold flat which sold for £523,000 in Feb 2022.
Read more about house prices in NW9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shearwater Drive, London, NW9 has a total of 428 addresses. According to our analysis of all the public data, Flat 41, Serin Apartments 13, London is the 45th largest and the 88th most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in NW9.
Flat 41, Serin Apartments 13, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Nov 2021.
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 41, Serin Apartments 13, London is Hendon station which is 400 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 41, Serin Apartments 13, London, 43.6% of property is socially rented and 23.1% is privately rented.
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 41, Serin Apartments 13, London, 19.4% of residents are recorded as possessing school level qualifications and 36.0% 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 41, Serin Apartments 13, London, the average age was 37.4 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 41, Serin Apartments 13, London, 0.0% 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 41, Serin Apartments 13, London, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.