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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Wise Lane is £1,247,876 and the estimated rental value is £4,345 per month.
Wise Lane, London, NW7 is located in the borough of Barnet within the NW7 postal district.
2, Wise Lane has a single entry in the Land Registry from July 2016 and a single entry in the EPC database dated July 2014.
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, Wise Lane is in very good condition we estimate a sale value of £1,310,270 and a rental value of £4,563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,160,524 and a rental value of £4,041 per month.
Over the last 12 months the sale value of 2 Wise Lane has decreased by an estimated £26,560 (2.1%) and its rental value has increased by an estimated £138 per month (3.2%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 2, Wise Lane sits on a plot of 704m2.
We have plot size data on 21 out of 25 other houses in the postcode and 2, Wise Lane sits on the 4th largest plot.
2, Wise Lane has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jul 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, 2, Wise Lane was last sold on 22nd July 2016 for £1,225,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2016, the market for similar properties has risen 14.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Wise Lane within a radius of 820 metres over the last 2 years.
The most recent example is 30, Wise Lane, London, NW7 2RE, a freehold house which sold for £1,235,000 on the 21st November 2024.
Read more about house prices in NW7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wise Lane, London, NW7 has a total of 115 addresses. According to our analysis of all the public data, 2, Wise Lane is the 75th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £532k more expensive than the average property in NW7.
The closest station to 2, Wise Lane is Mill Hill East station which is 1.3 kilometres away.
According to recent data from Ofcom, standard broadband is available in this area.
According to recent data from Ofcom, Standard 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 2, Wise Lane, % of property is and % is .
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, Wise Lane, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Wise Lane, 0.0% 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, Wise Lane, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.