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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, Flat 2, 50, Hale Lane is a period leasehold apartment with 635 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 Flat 2, 50, Hale Lane is £392,544 and the estimated rental value is £1,901 per month.
The apartment is within 50, Hale Lane, London, NW7.
Hale Lane, London, NW7 is located in the borough of Barnet within the NW7 postal district.
Flat 2, 50, Hale Lane has 2 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated September 2012.
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.
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 Flat 2, 50, Hale Lane is in very good condition we estimate a sale value of £412,172 and a rental value of £1,996 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,066 and a rental value of £1,768 per month.
Over the last 12 months the sale value of Flat 2 50 Hale Lane has decreased by an estimated £7,955 (2.0%) and its rental value has increased by an estimated £59 per month (3.1%), giving an expected gross yield of 5.8%.
Flat 2, 50, Hale Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Sep 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 50, Hale Lane was last sold on 28th October 2022 for £430,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2022, the market for similar properties has dropped 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 50, Hale Lane within a radius of 520 metres over the last 2 years.
The most recent example is Flat 1, 5, Millway, London, NW7 3QR, a leasehold flat which sold for £445,000 on the 29th November 2024.
Read more about house prices in NW7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hale Lane, London, NW7 has a total of 200 addresses. According to our analysis of all the public data, Flat 2, 50, Hale Lane is the 148th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £323k less expensive than the average property in NW7.
The closest station to Flat 2, 50, Hale Lane is Mill Hill Broadway station which is 400 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 Flat 2, 50, Hale Lane, 47.1% of property is privately rented and 25.0% 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, 50, Hale Lane, 16.0% of residents are recorded as possessing school level qualifications and 51.7% 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, 50, Hale Lane, the average age was 35.9 and the most common age was 37.
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, 50, Hale Lane, 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, 50, Hale Lane, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
