According to the public record, Flat 7, Arc Court 1, London is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Arc Court, Friern Barnet Road, London, N11.
Friern Barnet Road, London, N11 is located in the borough of Barnet within the N11 postal district.
Flat 7, Arc Court 1, London has 3 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated September 2020.
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 7 Arc Court 1 London as £363,223 and the rental value as £1,726 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 7 Arc Court 1 London has increased by £7,019 (1.9%) and its rental value has increased by £84 per month (4.8%).
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 7, Arc Court 1, London is in very good condition we estimate a sale value of £381,384 and rental value of £1,813 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,798 and a rental value of £1,605 per month.
If you were able to purchase this property for the estimated value of £363,223, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,785 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 7, Arc Court 1, London was last sold on 01 Apr 2021 for £375,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2021, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Arc Court 1, London within a radius of 410 metres over the last 2 years.
The most recent example is Flat 32, Arc Court 1, Friern Barnet Road, London, N11 1PT, a Leasehold flat which sold for £400,000 in Nov 2020.
Read more about house prices in N11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Friern Barnet Road, London, N11 has a total of 306 addresses. According to our analysis of all the public data, Flat 7, Arc Court 1, London is the 135th largest and the 126th most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in N11.
Flat 7, Arc Court 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 7, Arc Court 1, London is New Southgate station which is 300 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 7, Arc Court 1, London, 40.5% of property is privately rented and 29.0% is socially 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 7, Arc Court 1, London, 22.4% of residents are recorded as possessing school level qualifications and 48.3% 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 7, Arc Court 1, London, the average age was 39.5 and the most common age was 42.
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 7, Arc Court 1, London, 0.2% 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 7, Arc Court 1, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.