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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
7, Welbeck Close is recorded publicly as an early-century leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 7, Welbeck Close is £419,536 and its rental estimate is £1,721 per month, given the available information and assuming reasonable condition.
7, Welbeck Close is a residential building on Welbeck Close, London, N12 and falls within the N12 postal district and the London Borough of Barnet.
7, Welbeck Close has 2 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated January 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 7, Welbeck Close, we estimate a market value of £440,512 and a rental value of £1,807 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £390,168 and £1,601 per month respectively.
Over the last year, 7, Welbeck Close has seen its estimated sale value decrease by £3,044 (0.7%) and its estimated rental value grow by £77 per month (4.5%). This results in an estimated gross rental yield of 4.9%.
7, Welbeck Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jan 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 7, Welbeck Close completed on 31st March 2016 at £485,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 4.8% over the period since March 2016.
Over the past 2 years 3 properties similar to 7, Welbeck Close have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th April 2023, was 6, Welbeck Close, London, N12 9TU, a leasehold flat which sold for £400,000.
Read more about house prices in N12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 16 addresses on Welbeck Close, London, N12, 7, Welbeck Close comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £190k less expensive than the average property across the N12 district.
From 7, Welbeck Close, the nearest station is Woodside Park, 1.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Welbeck Close, 67.5% of property is privately rented and 15.6% 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 7, Welbeck Close, 21.6% of residents are recorded as possessing school level qualifications and 45.1% 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 7, Welbeck Close, the average age was 39.6 and the most common age was 42.
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 7, Welbeck Close, 0.6% 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 7, Welbeck Close, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
