Flat 1, 162
Flat 1, 162
Description & Estimates
Flat 1, 162, Hendon Way appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 1,030 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 1, 162, Hendon Way is £477,594 and its rental estimate is £2,492 per month, given the available information and assuming reasonable condition.
162, Hendon Way is a residential building on Hendon Way, London, NW2 and falls within the NW2 postal district and the London Borough of Barnet.
Our Data Sources
Flat 1, 162, Hendon Way has 31 entries in the Land Registry , most recently in January 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 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 Flat 1, 162, Hendon Way, we estimate a market value of £501,474 and a rental value of £2,616 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £444,163 and £2,317 per month respectively.
Recent Market Change
Over the last year, Flat 1, 162, Hendon Way has seen its estimated sale value move down by £21,610 (4.5%) and its estimated rental value increase by £95 per month (3.8%). This results in an estimated gross rental yield of 6.3%.
Sold Prices
The most recent sale of Flat 1, 162, Hendon Way completed on 16th January 2018 at £560,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 36.1% over the period since January 2018.
- Sold Jan 2018£560,000
- Sold Feb 2016£500,000
- Sold Oct 1995£112,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 162, Hendon Way have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th December 2022, was Flat 1, 193, Hendon Way, London, NW2 1JJ, a leasehold flat which sold for £755,000.
Read more about house prices in NW2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 441 addresses on Hendon Way, London, NW2, Flat 1, 162, Hendon Way comes out as the 141st largest and the 159th most expensive in our analysis of the public data.
It is also £88k less expensive than the average property across the NW2 district.
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Schools Nearby
- 300mWessex Gardens Primary School
- 400mRimon Jewish Primary School
- 600mMenorah Primary School for Boys
- 900mClarion
- 1.5kmHampstead School
- 1.8kmThe Henrietta Barnett School
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Public Transport Nearby
From Flat 1, 162, Hendon Way, the nearest station is Brent Cross, 900 metres away.
- 900mBrent Cross
- 1.0kmGolders Green
- 1.2kmCricklewood
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.
