According to the public record, Ground Floor Flat, 69, Palace Gates Road, London is a period leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 69, Palace Gates Road, London, N22.
Palace Gates Road, London, N22 is located in the borough of Haringey within the N22 postal district.
Ground Floor Flat, 69, Palace Gates Road, London has 2 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated May 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 69 Palace Gates Road London as £656,786 and the rental value as £2,754 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Ground Floor Flat 69 Palace Gates Road London has increased by £27,718 (4.2%) and its rental value has increased by £219 per month (7.9%).
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, 69, Palace Gates Road, London is in very good condition we estimate a sale value of £689,626 and rental value of £2,892 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £610,811 and a rental value of £2,562 per month.
If you were able to purchase this property for the estimated value of £656,786, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,228 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, 69, Palace Gates Road, London was last sold on 14 Nov 2022 for £655,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2022, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ground Floor Flat, 69, Palace Gates Road, London within a radius of 500 metres over the last 2 years.
The most recent example is 91, Crescent Road, London, N22 7RU, a Leasehold flat which sold for £550,000 in Jun 2022.
Read more about house prices in N22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palace Gates Road, London, N22 has a total of 158 addresses. According to our analysis of all the public data, Ground Floor Flat, 69, Palace Gates Road, London is the 60th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £134k more expensive than the average property in N22.
Ground Floor Flat, 69, Palace Gates Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 May 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, 69, Palace Gates Road, London is Alexandra Palace station which is 200 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, 69, Palace Gates Road, London, 40.6% of property is privately rented and 30.1% 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, 69, Palace Gates Road, London, 14.7% of residents are recorded as possessing school level qualifications and 58.4% 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, 69, Palace Gates Road, London, the average age was 38.5 and the most common age was 47.
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, 69, Palace Gates Road, London, 3.7% 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 Ground Floor Flat, 69, Palace Gates Road, 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.