Flat 1, 50
Flat 1, 50
Description & Estimates
Public records show Flat 1, 50, Hale Lane to be a period leasehold apartment with 850 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 50, Hale Lane has an estimated sale value of £470,097 and an estimated rental value of £2,217 per month, assuming reasonable condition and based on the information available.
The apartment sits within 50, Hale Lane, London, NW7.
Hale Lane, London, NW7 lies in the borough of Barnet, within the NW7 postal district.
Our Data Sources
Flat 1, 50, Hale Lane has 3 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 50, Hale Lane would be worth £493,601, with a potential rental value of £2,328 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £437,190, with a rental value of £2,062 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 50, Hale Lane has moved down by £9,527 (2.0%) over the last year. During the same period, its estimated monthly rental value has increased by £69 (3.1%). The property's estimated gross yield is currently 5.7%.
Energy Efficiency
Flat 1, 50, Hale Lane has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, 50, Hale Lane last changed hands on 28th April 2023, selling for £500,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 6.8% since April 2023.
- Sold Apr 2023£500,000
- Sold Jun 2018£475,000
- Sold Mar 2013£320,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 520 metres of Flat 1, 50, Hale Lane across the last 2 years.
Most recently, 22A, Langley Park, London, NW7 2AA, a leasehold flat, sold at £390,000 on the 18th November 2024.
Read more about house prices in NW7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 1, 50, Hale Lane as the 77th largest and the 71st most expensive of the 200 addresses on Hale Lane, London, NW7.
Against the NW7 postcode district average, it is £246k less expensive than the typical property.
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Schools Nearby
- 100mMathilda Marks-Kennedy Jewish Primary School
- 400mThe Annunciation RC Junior School
- 500mDeansbrook Infant School
- 1.6kmCopthall School
- 1.7kmSaracens High School
- 1.7kmMill Hill County High School
More reading links
Public Transport Nearby
Mill Hill Broadway station is the nearest stop to Flat 1, 50, Hale Lane at 400 metres away.
- 400mMill Hill Broadway
- 1.5kmEdgware
- 1.5kmBurnt Oak
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
