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Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 2, 3, Station Approach is £306,832 and its rental estimate is £1,308 per month, given the available information and assuming reasonable condition.
3, Station Approach is a residential building on Station Approach, London, N12 and falls within the N12 postal district and the London Borough of Barnet.
Flat 2, 3, Station Approach has a single entry in the Land Registry from July 2024 and a single entry in the EPC database dated January 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 2, 3, Station Approach, we estimate a market value of £322,174 and a rental value of £1,373 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £285,354 and £1,216 per month respectively.
Over the last year, Flat 2, 3, Station Approach has seen its estimated sale value decrease by £2,869 (0.9%) and its estimated rental value grow by £56 per month (4.3%). This results in an estimated gross rental yield of 5.1%.
Flat 2, 3, Station Approach has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jan 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
The most recent sale of Flat 2, 3, Station Approach completed on 19th July 2024 at £308,000 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 18.7% over the period since July 2024.
Over the past 2 years 3 properties similar to Flat 2, 3, Station Approach have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th December 2024, was Flat 17, 3, Station Approach, London, N12 7AX, a leasehold flat which sold for £316,000.
Read more about house prices in N12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 104 addresses on Station Approach, London, N12, Flat 2, 3, Station Approach comes out as the 95th largest and the 46th most expensive in our analysis of the public data.
It is also £303k less expensive than the average property across the N12 district.
From Flat 2, 3, Station Approach, the nearest station is Woodside Park, 100 metres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 3, Station Approach, 51.2% of property is privately rented and 21.8% is privately owned outright.
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 Flat 2, 3, Station Approach, 19.5% of residents are recorded as possessing school level qualifications and 67.7% 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 Flat 2, 3, Station Approach, the average age was 40.7 and the most common age was 42.
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 Flat 2, 3, Station Approach, 0.3% 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 Flat 2, 3, Station Approach, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.