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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, 218, Basing Way is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 565 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 218, Basing Way is £285,799 and the estimated rental value is £1,473 per month.
Basing Way, London, N3 is located in the borough of Barnet within the N3 postal district.
218, Basing Way has a single entry in the Land Registry from July 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 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 218, Basing Way is in very good condition we estimate a sale value of £300,089 and a rental value of £1,547 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,793 and a rental value of £1,370 per month.
Over the last 12 months the sale value of 218 Basing Way has decreased by an estimated £3,542 (1.2%) and its rental value has increased by an estimated £57 per month (3.9%), giving an expected gross yield of 6.2%.
According to HM Land Registry, 218, Basing Way was last sold on 27th July 2011 for £170,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2011, the market for similar properties has risen 79.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 218, Basing Way within a radius of 560 metres over the last 2 years.
The most recent example is 184, Basing Way, London, N3 3BN, a leasehold flat which sold for £274,000 on the 4th February 2019.
Read more about house prices in N3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Basing Way, London, N3 has a total of 179 addresses. According to our analysis of all the public data, 218, Basing Way is the 164th largest and the 171st most expensive property on the street.
When compared to the postcode district it is £450k less expensive than the average property in N3.
The nearest school is St Theresa's Catholic Primary School which is 150 metres away. The nearest train station is Finchley Central which is 900 metres away.
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