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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
11, The Reddings is recorded publicly as a mid-century freehold house across 1,323 ft2 of internal area, sitting on a 303 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 11, The Reddings is £922,191 and its rental estimate is £3,675 per month, given the available information and assuming reasonable condition.
The Reddings, London, NW7 falls within the NW7 postal district, in the borough of Barnet.
11, The Reddings has 21 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 11, The Reddings, we estimate a market value of £968,300 and a rental value of £3,859 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £857,637 and £3,418 per month respectively.
Over the last year, 11, The Reddings has seen its estimated sale value move down by £19,628 (2.1%) and its estimated rental value increase by £116 per month (3.2%). This results in an estimated gross rental yield of 4.8%.
HM Land Registry records the plot of land for 11, The Reddings as measuring 303 m2.
That makes it the 36th largest plot in the postcode, where all 36 other houses have recorded plot data.
11, The Reddings has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 11, The Reddings completed on 28th April 2023 at £950,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 14.6% over the period since April 2023.
Over the past 2 years 3 properties similar to 11, The Reddings have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th October 2024, was 95, The Reddings, London, NW7 4JP, a freehold house which sold for £970,000.
Read more about house prices in NW7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 100 addresses on The Reddings, London, NW7, 11, The Reddings comes out as the 68th largest and the 72nd most expensive in our analysis of the public data.
It is also £206k more expensive than the average property across the NW7 district.
From 11, The Reddings, the nearest station is Mill Hill Broadway, 1.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 11, The Reddings, 58.8% of property is privately owned with a mortgage and 31.1% 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 11, The Reddings, 30.3% of residents are recorded as possessing school level qualifications and 62.7% 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 11, The Reddings, 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 11, The Reddings, 2.8% 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 11, The Reddings, there are an average of 1.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
