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56, Nile Drive is described in the public record as a modern house with 1,345 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 56, Nile Drive is £461,240 and its rental estimate is £2,621 per month, given the available information and assuming reasonable condition.
Nile Drive, London, N9 falls within the N9 postal district, in the borough of Enfield.
56, Nile Drive has no records in the the Land Registry and a single entry in the EPC database dated December 2021.
We combine this information with public data 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 56, Nile Drive, we estimate a market value of £484,302 and a rental value of £2,752 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £428,953 and £2,438 per month respectively.
Over the last year, 56, Nile Drive has seen its estimated sale value drop by £4,183 (0.9%) and its estimated rental value rise by £66 per month (2.5%). This results in an estimated gross rental yield of 6.8%.
56, Nile Drive has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 56, Nile Drive have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th March 2024, was 35, Hennessy Road, London, N9 0XB, a freehold house which sold for £500,000.
Read more about house prices in N9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 55 addresses on Nile Drive, London, N9, 56, Nile Drive comes out as the 2nd largest and the 4th most expensive in our analysis of the public data.
It is also £94k more expensive than the average property across the N9 district.
From 56, Nile Drive, the nearest station is Edmonton Green, 1.1 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 56, Nile Drive, 61.1% of property is socially rented and 16.8% 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 56, Nile Drive, 27.6% of residents are recorded as possessing school level qualifications and 27.9% 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 56, Nile Drive, the average age was 35.1 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 56, Nile Drive, 0.9% 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 56, Nile Drive, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.