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By comparing it to neighbours, we estimate that it is a modern apartment with 685 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, Gorse House 32 is £375,832 and the estimated rental value is £1,759 per month.
The apartment is within Gorse House, Fox Lane, London, N13.
Fox Lane, London, N13 is located in the borough of Enfield within the N13 postal district.
Flat 2, Gorse House 32 has 2 entries in the Land Registry , most recently in November 2024 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.
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, Gorse House 32 is in very good condition we estimate a sale value of £394,623 and a rental value of £1,847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £349,523 and a rental value of £1,636 per month.
Over the last 12 months the sale value of Flat 2 Gorse House 32 has increased by an estimated £485 (0.1%) and its rental value has increased by an estimated £62 per month (3.5%), giving an expected gross yield of 5.6%.
According to HM Land Registry, Flat 2, Gorse House 32 was last sold on 1st November 2024 for £340,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2024, the market for similar properties has dropped 14.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Gorse House 32 within a radius of 410 metres over the last 2 years.
The most recent example is Flat 55, Otium House 1A, Fox Lane, London, N13 4ER, a leasehold flat which sold for £440,000 on the 20th June 2023.
Read more about house prices in N13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fox Lane, London, N13 has a total of 349 addresses. According to our analysis of all the public data, Flat 2, Gorse House 32 is the 254th largest and the 238th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in N13.
The closest station to Flat 2, Gorse House 32 is Palmers Green station which is 400 metres away.
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, Gorse House 32, 40.6% of property is privately rented and 37.8% is privately owned with a mortgage.
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, Gorse House 32, 17.9% of residents are recorded as possessing school level qualifications and 44.1% 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, Gorse House 32, the average age was 39.9 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, Gorse House 32, 1.2% 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, Gorse House 32, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.