According to the public record, Ground Floor Flat, 22, Falkland Avenue, London is a period leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 22, Falkland Avenue, London, N3.
Falkland Avenue, London, N3 is located in the borough of Barnet within the N3 postal district.
Ground Floor Flat, 22, Falkland Avenue, London has a single entry in the Land Registry database from April 2023 and a single entry in the EPC database dated December 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 Ground Floor Flat 22 Falkland Avenue London as £521,790 and the rental value as £2,086 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Ground Floor Flat 22 Falkland Avenue London has increased by £5,905 (1.1%) and its rental value has increased by £111 per month (5.3%).
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 Ground Floor Flat, 22, Falkland Avenue, London is in very good condition we estimate a sale value of £547,879 and rental value of £2,191 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £485,264 and a rental value of £1,940 per month.
If you were able to purchase this property for the estimated value of £521,790, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,564 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, Ground Floor Flat, 22, Falkland Avenue, London was last sold on 03 Apr 2023 for £520,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2023, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ground Floor Flat, 22, Falkland Avenue, London within a radius of 390 metres over the last 2 years.
The most recent example is 2, Falkland Avenue, London, N3 1QR, a Leasehold flat which sold for £550,000 in Dec 2023.
Read more about house prices in N3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falkland Avenue, London, N3 has a total of 54 addresses. According to our analysis of all the public data, Ground Floor Flat, 22, Falkland Avenue, London is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £241k less expensive than the average property in N3.
Ground Floor Flat, 22, Falkland Avenue, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Dec 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Ground Floor Flat, 22, Falkland Avenue, London is Finchley Central 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 Ground Floor Flat, 22, Falkland Avenue, London, 46.0% of property is privately rented and 28.0% 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 Ground Floor Flat, 22, Falkland Avenue, London, 17.5% of residents are recorded as possessing school level qualifications and 60.7% 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 Ground Floor Flat, 22, Falkland Avenue, London, the average age was 38.1 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 Ground Floor Flat, 22, Falkland Avenue, London, 0.8% 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 Ground Floor Flat, 22, Falkland Avenue, 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.