According to the public record, Flat 5, Burghley House 18, London is a modern leasehold apartment and with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Burghley House, Royal Engineers Way, London, NW7.
Royal Engineers Way, London, NW7 is located in the borough of Barnet within the NW7 postal district.
Flat 5, Burghley House 18, London has a single entry in the Land Registry database from July 2019 and a single entry in the EPC database dated January 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 good condition, we estimate the current sale value for Flat 5 Burghley House 18 London as £443,019 and the rental value as £1,973 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 5 Burghley House 18 London has decreased by £3,802 (0.9%) and its rental value has increased by £59 per month (3.0%).
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 5, Burghley House 18, London is in very good condition we estimate a sale value of £465,170 and rental value of £2,072 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £412,008 and a rental value of £1,835 per month.
If you were able to purchase this property for the estimated value of £443,019, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,177 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 5, Burghley House 18, London was last sold on 02 Jul 2019 for £405,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2019, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Burghley House 18, London within a radius of 0m over the last 2 years.
The most recent example is Flat 40, Burghley House 18, Royal Engineers Way, London, NW7 1RY, a Leasehold flat which sold for £415,000 in Aug 2022.
Read more about house prices in NW7.
Our network of Estate Agents report 1 let within a 83m radius of Flat 5, Burghley House 18, 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 for an undisclosed amount in Jul 2022.
Royal Engineers Way, London, NW7 has a total of 322 addresses. According to our analysis of all the public data, Flat 5, Burghley House 18, London is the 261st largest and the 201st most expensive property on the street.
When compared to the postcode district it is £287k less expensive than the average property in NW7.
Flat 5, Burghley House 18, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Jan 2019.
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 5, Burghley House 18, London is Mill Hill East station which is 300 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 5, Burghley House 18, London, 55.0% of property is privately rented and 24.4% 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 5, Burghley House 18, London, 23.8% of residents are recorded as possessing school level qualifications and 40.5% 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 5, Burghley House 18, London, the average age was 37.8 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 5, Burghley House 18, 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 5, Burghley House 18, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.