1, Reets Farm Close
1, Reets Farm Close
Description & Estimates
1, Reets Farm Close is recorded publicly as a mid-century freehold house across 484 ft2 of internal area, sitting on a 100 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 1, Reets Farm Close is £289,454 and its rental estimate is £1,665 per month, given the available information and assuming reasonable condition.
Reets Farm Close, London, NW9 falls within the NW9 postal district, in the borough of Barnet.
Our Data Sources
1, Reets Farm Close has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated April 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Reets Farm Close, we estimate a market value of £303,927 and a rental value of £1,749 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £269,192 and £1,549 per month respectively.
Recent Market Change
Over the last year, 1, Reets Farm Close has seen its estimated sale value drop by £7,248 (2.5%) and its estimated rental value rise by £49 per month (2.9%). This results in an estimated gross rental yield of 6.9%.
Plot Size
HM Land Registry records the plot of land for 1, Reets Farm Close as measuring 100 m2.
That makes it the largest plot in the postcode, where 2 of the 6 other houses have recorded plot data.
Energy Efficiency
1, Reets Farm Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Reets Farm Close completed on 12th July 2019 at £277,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 6.7% over the period since July 2019.
- Sold Jul 2019£277,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Reets Farm Close have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th September 2023, was 15, Beaumaris Green, London, NW9 7RW, a freehold house which sold for £300,000.
Read more about house prices in NW9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 19 addresses on Reets Farm Close, London, NW9, 1, Reets Farm Close comes out as the 19th largest and the 10th most expensive in our analysis of the public data.
It is also £152k less expensive than the average property across the NW9 district.
More reading links
Schools Nearby
- 100mThe Hyde School
- 600mOliver Goldsmith Primary School
- 700mColindale Primary School
- 2.0kmKingsbury High School
- 2.0kmSaracens High School
- 2.1kmSt James' Catholic High School
More reading links
Public Transport Nearby
From 1, Reets Farm Close, the nearest station is Hendon, 800 metres away.
- 800mHendon
- 1.5kmColindale
- 1.5kmHendon Central
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
