According to the public record, The Laurels, London is a period freehold house and with 3,158 ft2 of internal area and sits on a 1,253 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Hammers Lane, London, NW7 is located in the borough of Barnet within the NW7 postal district.
The Laurels, London has a single entry in the Land Registry database from September 2010 and a single entry in the EPC database dated February 2010.
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 The Laurels London as £1,608,774 and the rental value as £5,010 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of The Laurels London has decreased by £10,997 (0.7%) and its rental value has increased by £196 per month (3.9%).
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 The Laurels, London is in very good condition we estimate a sale value of £1,689,213 and rental value of £5,261 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,496,160 and a rental value of £4,660 per month.
If you were able to purchase this property for the estimated value of £1,608,774, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,907 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 data from HM Land Registry, The Laurels, London sits on a plot of 1253m2.
We have plot size data on 7 out of 13 other houses in the postcode and The Laurels, London sits on the 2nd largest plot.
According to HM Land Registry, The Laurels, London was last sold on 06 Sep 2010 for £1,190,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2010, the market for similar properties has risen 54.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Laurels, London within a radius of 658m over the last 2 years.
The most recent example is 1, The Reddings, London, NW7 4JN, a Freehold house which sold for £1,950,000 in Jan 2023.
Read more about house prices in NW7.
Hammers Lane, London, NW7 has a total of 115 addresses. According to our analysis of all the public data, The Laurels, London is the 3rd largest and the 9th most expensive property on the street.
When compared to the postcode district it is £878k more expensive than the average property in NW7.
The Laurels, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Feb 2010.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to The Laurels, London is Mill Hill Broadway station which is 1.4 km 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 The Laurels, London, 60.5% of property is privately owned outright and 24.9% is privately 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 The Laurels, London, 38.7% of residents are recorded as possessing school level qualifications and 34.0% 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 The Laurels, London, the average age was 37.8 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 The Laurels, London, 6.2% 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 The Laurels, London, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.