According to the public record, Flat 9, Adam Lodge 2, London is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Adam Lodge, Buchanan Close, London, N21.
Buchanan Close, London, N21 is located in the borough of Enfield within the N21 postal district.
Flat 9, Adam Lodge 2, London has 31 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated January 2022.
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 9 Adam Lodge 2 London as £329,189 and the rental value as £1,798 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 9 Adam Lodge 2 London has increased by £3,649 (1.1%) and its rental value has increased by £93 per month (5.2%).
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 9, Adam Lodge 2, London is in very good condition we estimate a sale value of £345,648 and rental value of £1,888 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £306,146 and a rental value of £1,672 per month.
If you were able to purchase this property for the estimated value of £329,189, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,618 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 9, Adam Lodge 2, London was last sold on 15 Jul 2022 for £340,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Adam Lodge 2, London within a radius of 540 metres over the last 2 years.
The most recent example is Flat 4, Adam Lodge 2, Buchanan Close, London, N21 1SG, a Leasehold flat which sold for £335,000 in Oct 2023.
Read more about house prices in N21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Buchanan Close, London, N21 has a total of 31 addresses. According to our analysis of all the public data, Flat 9, Adam Lodge 2, London is the 19th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £414k less expensive than the average property in N21.
Flat 9, Adam Lodge 2, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 9, Adam Lodge 2, London is Grange Park station which is 1.2 kilometres 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 9, Adam Lodge 2, London, 35.4% of property is privately rented and 31.5% 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 9, Adam Lodge 2, London, 24.4% of residents are recorded as possessing school level qualifications and 44.6% 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 9, Adam Lodge 2, London, the average age was 39.9 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 9, Adam Lodge 2, 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 9, Adam Lodge 2, 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.