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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, 53, Wise Lane is a modern freehold house with 3,509 ft2 of internal area and sits on a 894 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 53, Wise Lane is £2,213,316 and the estimated rental value is £7,104 per month.
Wise Lane, London, NW7 is located in the borough of Barnet within the NW7 postal district.
53, Wise Lane has 31 entries in the Land Registry , most recently in September 2017 and a single entry in the EPC database dated February 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 53, Wise Lane is in very good condition we estimate a sale value of £2,323,982 and a rental value of £7,459 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,058,384 and a rental value of £6,607 per month.
Over the last 12 months the sale value of 53 Wise Lane has decreased by an estimated £65,414 (3.0%) and its rental value has increased by an estimated £166 per month (2.3%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 53, Wise Lane sits on a plot of 894m2.
We have plot size data on 13 out of 16 other houses in the postcode and 53, Wise Lane sits on the largest plot.
53, Wise Lane has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Feb 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler & underfloor, mains gas.
According to HM Land Registry, 53, Wise Lane was last sold on 22nd September 2017 for £2,150,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2017, the market for similar properties has dropped 24.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Wise Lane within a radius of 820 metres over the last 2 years.
The most recent example is Hunters Beck, Milespit Hill, London, NW7 2RS, a freehold house which sold for £2,480,000 on the 28th July 2023.
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, 53, Wise Lane is the 14th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £1.498m more expensive than the average property in NW7.
The closest station to 53, Wise Lane is Mill Hill East station which is 1.3 kilometres 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 53, Wise Lane, 40.3% of property is privately owned with a mortgage and 30.3% 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 53, Wise Lane, 25.6% of residents are recorded as possessing school level qualifications and 44.2% 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 53, Wise Lane, the average age was 37.8 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 53, 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 53, Wise Lane, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
