Flat 1, 47
Flat 1, 47
Description & Estimates
Flat 1, 47, Hervey Close appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be an early-century apartment with 951 ft2 of internal area and a garden.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 1, 47, Hervey Close is £536,258 and its rental estimate is £2,197 per month, given the available information and assuming reasonable condition.
47, Hervey Close is a residential building on Hervey Close, London, N3 and falls within the N3 postal district and the London Borough of Barnet.
Our Data Sources
Flat 1, 47, Hervey Close has a single entry in the Land Registry from July 2022 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.
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, 47, Hervey Close, we estimate a market value of £563,071 and a rental value of £2,306 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £498,720 and £2,043 per month respectively.
Recent Market Change
Over the last year, Flat 1, 47, Hervey Close has seen its estimated sale value drop by £16,270 (3.0%) and its estimated rental value rise by £54 per month (2.5%). This results in an estimated gross rental yield of 4.9%.
Sold Prices
The most recent sale of Flat 1, 47, Hervey Close completed on 4th July 2022 at £583,920 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 4.1% over the period since July 2022.
- Sold Jul 2022£583,920
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 47, Hervey Close have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th November 2024, was Flat 24, Adastra House 403, Nether Street, London, N3 1QG, a leasehold flat which sold for £665,000.
Read more about house prices in N3.
- Sold Nov 2024£665,000 | 3 Bed FlatAdastra House 403, Nether StreetFlat 24, Adastra House 403, Nether Street, London, N3 1QG
- Sold May 2023£580,000 | 3 Bed Flat47, Hervey CloseFlat 2, 47, Hervey Close, London, N3 2HG
- Sold Jul 2017£800,000 | 3 Bed Flat54, Hervey CloseFlat 1, 54, Hervey Close, London, N3 2HD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 1 let within 410 metres of Flat 1, 47, Hervey Close.
The latest, in July 2024, was 176, Station Road, London, N3 2SG, a leasehold flat let by Robert Lewis Property.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 121 addresses on Hervey Close, London, N3, Flat 1, 47, Hervey Close comes out as the 97th largest and the 96th most expensive in our analysis of the public data.
It is also £202k less expensive than the average property across the N3 district.
More reading links
Schools Nearby
- 500mPardes House Primary School
- 600mAkiva School
- 700mManorside Primary School
- 1.1kmChrist's College Finchley
- 1.1kmBishop Douglass School Finchley
- 1.6kmSt Michael's Catholic Grammar School
More reading links
Public Transport Nearby
From Flat 1, 47, Hervey Close, the nearest station is Finchley Central, 100 metres away.
- 100mFinchley Central
- 1.0kmWest Finchley
- 1.6kmMill Hill East
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
