16, Millfield Lane
16, Millfield Lane
Description & Estimates
According to the public record, 16, Millfield Lane is a mid-century freehold house with 4,811 ft2 of internal area and sits on a 1,314 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Millfield Lane is £7,286,604 and the estimated rental value is £23,210 per month.
Millfield Lane, London, N6 is located in the borough of Camden within the N6 postal district.
Our Data Sources
16, Millfield Lane has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated August 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
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 16, Millfield Lane is in very good condition we estimate a sale value of £7,650,934 and a rental value of £24,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £6,776,542 and a rental value of £21,585 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, Millfield Lane has declined by £191,536 (2.6%), while its estimated rental value has climbed by £1,042 per month (4.5%). Based on current estimates, the property offers a gross rental yield of 3.8%.
Plot Size
According to data from HM Land Registry, 16, Millfield Lane sits on a plot of 1,314 m2.
We have plot size data on 8 out of 9 other houses in the postcode and 16, Millfield Lane sits on the 2nd largest plot.
Energy Efficiency
16, Millfield Lane has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Aug 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
According to HM Land Registry, 16, Millfield Lane was last sold on 17th May 2021 for £7,000,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has dropped by 16.8%.
- Sold May 2021£7,000,000
Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 730 metres of 16, Millfield Lane over the last 2 years.
The most recent example is 8, Millfield Lane, London, N6 6JD, a freehold house which sold for £2,875,000 on the 17th February 2021.
Read more about house prices in N6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Our network of Estate Agents reports 1 let within 730 metres of 16, Millfield Lane over the last 2 years.
Most recently, Unit 3, Sonny Heights East 3, Swains Lane, London, N6 6QX, a leasehold flat, was let by Fine Living in June 2021.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Millfield Lane, London, N6 has a total of 63 addresses. According to our analysis of all the public data, 16, Millfield Lane is the 7th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £6.069m more expensive than the average property in N6.
More reading links
Schools Nearby
- 600mBrookfield Primary School
- 900mGospel Oak Primary School
- 1.0kmHargrave Park Primary School
- 500mLa Sainte Union Catholic Secondary School
- 500mWilliam Ellis School
- 600mParliament Hill School
More reading links
Public Transport Nearby
The closest station to 16, Millfield Lane is Gospel Oak station, which is 900 metres away.
- 900mGospel Oak
- 1.1kmHampstead Heath
- 1.3kmTufnell Park
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
