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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, 40, Hale Lane is a mid-century freehold house with 4,380 ft2 of internal area and sits on a 866 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 40, Hale Lane is £1,773,038 and the estimated rental value is £6,325 per month.
Hale Lane, London, NW7 is located in the borough of Barnet within the NW7 postal district.
40, Hale Lane has 21 entries in the Land Registry , most recently in June 2014 and a single entry in the EPC database dated March 2023.
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 40, Hale Lane is in very good condition we estimate a sale value of £1,861,689 and a rental value of £6,641 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,648,925 and a rental value of £5,882 per month.
Over the last 12 months the sale value of 40 Hale Lane has decreased by an estimated £52,402 (3.0%) and its rental value has increased by an estimated £148 per month (2.3%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 40, Hale Lane sits on a plot of 866m2.
We have plot size data on 7 out of 7 other houses in the postcode and 40, Hale Lane sits on the 2nd largest plot.
40, Hale Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Mar 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Hale Lane was last sold on 30th June 2014 for £1,275,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2014, the market for similar properties has risen 39.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 510 metres radius of 40, Hale Lane over the last 2 years.
The most recent example is 42, Hale Lane, London, NW7 3PR, a freehold house which sold for £1,192,000 on the 11th January 2019.
Read more about house prices in NW7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hale Lane, London, NW7 has a total of 200 addresses. According to our analysis of all the public data, 40, Hale Lane is the largest and the most expensive property on the street.
When compared to the postcode district it is £1.057m more expensive than the average property in NW7.
The closest station to 40, Hale Lane is Mill Hill Broadway station which is 400 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 40, Hale Lane, 47.1% of property is privately rented and 25.0% is privately owned outright.
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 40, Hale Lane, 16.0% of residents are recorded as possessing school level qualifications and 51.7% 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 40, Hale Lane, the average age was 35.9 and the most common age was 37.
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 40, Hale Lane, 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 40, Hale Lane, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
