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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, 88, Prospect Ring is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 698 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 88, Prospect Ring is £282,153 and the estimated rental value is £1,377 per month.
Prospect Ring, London, N2 is located in the borough of Barnet within the N2 postal district.
88, Prospect Ring has 3 entries in the Land Registry , most recently in February 2018 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 3 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 88, Prospect Ring is in very good condition we estimate a sale value of £296,261 and a rental value of £1,446 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £262,403 and a rental value of £1,281 per month.
Over the last 12 months the sale value of 88 Prospect Ring has increased by an estimated £280 (0.1%) and its rental value has increased by an estimated £80 per month (5.8%), giving an expected gross yield of 5.9%.
According to HM Land Registry, 88, Prospect Ring was last sold on 9th February 2018 for £310,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since February 2018, the market for similar properties has risen 7.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 88, Prospect Ring within a radius of 360 metres over the last 2 years.
The most recent example is Flat 42, Mulberry Court, Bedford Road, London, N2 9DZ, a leasehold flat which sold for £227,500 on the 3rd July 2023.
Read more about house prices in N2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Ring, London, N2 has a total of 160 addresses. According to our analysis of all the public data, 88, Prospect Ring is the 112th largest and the 135th most expensive property on the street.
When compared to the postcode district it is £686k less expensive than the average property in N2.
The closest station to 88, Prospect Ring is East Finchley station which is 500 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 88, Prospect Ring, 45.0% of property is socially rented and 32.6% is privately rented.
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 88, Prospect Ring, 21.1% of residents are recorded as possessing school level qualifications and 50.4% 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 88, Prospect Ring, the average age was 38.7 and the most common age was 32.
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 88, Prospect Ring, 0.7% 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 88, Prospect Ring, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
