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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
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According to the public record, 2, Rays Road is a period leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Rays Road is £198,908 and the estimated rental value is £1,340 per month.
The apartment is within 2, Rays Road, London, N18.
Rays Road, London, N18 is located in the borough of Enfield within the N18 postal district.
2, Rays Road has 41 entries in the Land Registry , most recently in May 2019 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, Rays Road is in very good condition we estimate a sale value of £208,853 and a rental value of £1,407 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,984 and a rental value of £1,246 per month.
Over the last 12 months the sale value of 2 Rays Road has increased by an estimated £2,159 (1.1%) and its rental value has increased by an estimated £42 per month (3.2%), giving an expected gross yield of 8.1%.
2, Rays Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Rays Road was last sold on 15th May 2019 for £190,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2019, the market for similar properties has risen 19.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Rays Road within a radius of 500 metres over the last 2 years.
The most recent example is 22A, Rays Road, London, N18 2NX, a leasehold flat which sold for £185,000 on the 31st August 2023.
Read more about house prices in N18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rays Road, London, N18 has a total of 37 addresses. According to our analysis of all the public data, 2, Rays Road is the 33rd largest and the 35th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in N18.
The closest station to 2, Rays Road is Meridian Water station which is 500 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Rays Road, 51.4% of property is privately rented and 19.7% is privately owned with a mortgage.
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 2, Rays Road, 27.1% of residents are recorded as possessing school level qualifications and 25.8% 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 2, Rays Road, the average age was 34.5 and the most common age was 12.
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 2, Rays Road, 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 2, Rays Road, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
