8, Norwood Close
8, Norwood Close
Description & Estimates
8, Norwood Close appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 734 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 8, Norwood Close is £387,147 and its rental estimate is £2,088 per month, given the available information and assuming reasonable condition.
Norwood Close, London, NW2 falls within the NW2 postal district, in the borough of Barnet.
Our Data Sources
8, Norwood Close has 21 entries in the Land Registry , most recently in March 2008 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 8, Norwood Close, we estimate a market value of £406,504 and a rental value of £2,192 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £360,047 and £1,942 per month respectively.
Recent Market Change
Over the last year, 8, Norwood Close has seen its estimated sale value move down by £9,820 (2.5%) and its estimated rental value increase by £114 per month (5.5%). This results in an estimated gross rental yield of 6.5%.
Sold Prices
The most recent sale of 8, Norwood Close completed on 7th March 2008 at £240,000 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 58.5% over the period since March 2008.
- Sold Mar 2008£240,000
- Sold Mar 2002£192,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Norwood Close have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2024, was 21, Kingweston Close, London, NW2 1UU, a leasehold flat which sold for £350,000.
Read more about house prices in NW2.
- Sold May 2024£350,000 | 2 Bed Flat21, Kingweston Close, London, NW2 1UU21, Kingweston Close, London, NW2 1UU
- Sold Feb 2022£390,000 | 2 Bed FlatFlat 4, Cranmore Court 28, Somerton Road, London, NW2 1UXFlat 4, Cranmore Court 28, Somerton Road, London, NW2 1UX
- Sold Jan 2022£336,000 | 2 Bed Flat16, Kingweston Close, London, NW2 1UU16, Kingweston Close, London, NW2 1UU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 10 addresses on Norwood Close, London, NW2, 8, Norwood Close comes out as the largest and the most expensive in our analysis of the public data.
It is also £178k less expensive than the average property across the NW2 district.
More reading links
Schools Nearby
- 200mChilds Hill Primary School
- 200mSt Agnes' Catholic Primary School
- 600mAll Saints' CofE Primary School NW2
- 700mHampstead School
- 1.4kmClarion
- 2.1kmMenorah High School for Girls
More reading links
Public Transport Nearby
From 8, Norwood Close, the nearest station is Cricklewood, 500 metres away.
- 500mCricklewood
- 1.4kmBrent Cross West
- 1.5kmGolders Green
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
