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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
According to the public record, 16, Oak Grove is a period leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Oak Grove is £430,152 and the estimated rental value is £2,288 per month.
The apartment is within 16, Oak Grove, London, NW2.
Oak Grove, London, NW2 is located in the borough of Barnet within the NW2 postal district.
16, Oak Grove has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated October 2014.
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.
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, Oak Grove is in very good condition we estimate a sale value of £451,659 and a rental value of £2,402 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £400,041 and a rental value of £2,127 per month.
Over the last 12 months the sale value of 16 Oak Grove has decreased by an estimated £11,624 (2.7%) and its rental value has increased by an estimated £138 per month (6.0%), giving an expected gross yield of 6.4%.
16, Oak Grove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Oak Grove was last sold on 12th February 2024 for £435,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2024, the market for similar properties has risen 11.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Oak Grove within a radius of 320 metres over the last 2 years.
The most recent example is 205A, Cricklewood Broadway, London, NW2 3HS, a leasehold flat which sold for £330,000 on the 14th June 2024.
Read more about house prices in NW2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 320 metres radius of 16, Oak Grove over the last 2 years.
Most recently 24B , Elm Grove, London, NW2 3AA, a leasehold flat let by Jorgensen Turner in December 2021.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Grove, London, NW2 has a total of 112 addresses. According to our analysis of all the public data, 16, Oak Grove is the 27th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £135k less expensive than the average property in NW2.
The closest station to 16, Oak Grove is Cricklewood station which is 200 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 16, Oak Grove, 47.5% of property is privately rented and 33.3% is socially 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 16, Oak Grove, 19.9% of residents are recorded as possessing school level qualifications and 36.8% 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 16, Oak Grove, the average age was 36.5 and the most common age was 32.
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 16, Oak Grove, 0.3% 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 16, Oak Grove, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
