According to the public record, Flat 8, Gills Court, Barnet is a modern leasehold apartment with 1,356 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Gills Court, Somerset Road, New Barnet, Barnet, EN5.
Somerset Road, New Barnet, Barnet, EN5 is located in the borough of Barnet within the EN5 postal district.
Flat 8, Gills Court, Barnet has 31 entries in the Land Registry database, most recently in September 2007 and a single entry in the EPC database dated February 2024.
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 8 Gills Court Barnet as £587,919 and the rental value as £2,370 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 8 Gills Court Barnet has increased by £8,102 (1.4%) and its rental value has increased by £127 per month (5.4%).
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 8, Gills Court, Barnet is in very good condition we estimate a sale value of £617,315 and rental value of £2,488 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £546,765 and a rental value of £2,204 per month.
If you were able to purchase this property for the estimated value of £587,919, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,889 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 8, Gills Court, Barnet was last sold on 12 Sep 2007 for £380,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 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 8, Gills Court, Barnet within a radius of 400 metres over the last 2 years.
The most recent example is Flat 6, 67, Leicester Road, Barnet, EN5 5EL, a Leasehold flat which sold for £585,000 in Mar 2024.
Read more about house prices in EN5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Road, New Barnet, Barnet, EN5 has a total of 203 addresses. According to our analysis of all the public data, Flat 8, Gills Court, Barnet is the 36th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in EN5.
Flat 8, Gills Court, Barnet has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, electric.
The closest station to Flat 8, Gills Court, Barnet is New Barnet station which is 500 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 8, Gills Court, Barnet, 52.9% of property is privately rented and 21.0% is privately owned outright.
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 8, Gills Court, Barnet, 14.5% of residents are recorded as possessing school level qualifications and 42.7% 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 8, Gills Court, Barnet, the average age was 40.4 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 8, Gills Court, Barnet, 0.7% 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 8, Gills Court, Barnet, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.