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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
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Flat 4, 48, Hale Lane is described in the public record as a period apartment with 419 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, 48, Hale Lane is £265,408 and its rental estimate is £1,419 per month, given the available information and assuming reasonable condition.
48, Hale Lane is a residential building on Hale Lane, London, NW7 and falls within the NW7 postal district and the London Borough of Barnet.
Flat 4, 48, Hale Lane has no records in the the Land Registry and a single entry in the EPC database dated December 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 4, 48, Hale Lane, we estimate a market value of £278,679 and a rental value of £1,489 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £246,830 and £1,319 per month respectively.
Over the last year, Flat 4, 48, Hale Lane has seen its estimated sale value fall by £5,379 (2.0%) and its estimated rental value move up by £44 per month (3.1%). This results in an estimated gross rental yield of 6.4%.
Flat 4, 48, Hale Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Dec 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to Flat 4, 48, Hale Lane have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th March 2023, was Flat 1, 50A, Hale Lane, London, NW7 3PR, a leasehold flat which sold for £555,000.
Read more about house prices in NW7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 200 addresses on Hale Lane, London, NW7, Flat 4, 48, Hale Lane comes out as the 192nd largest and the 188th most expensive in our analysis of the public data.
It is also £450k less expensive than the average property across the NW7 district.
From Flat 4, 48, Hale Lane, the nearest station is Mill Hill Broadway, 400 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, 48, 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 4, 48, 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 4, 48, 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 4, 48, 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 4, 48, 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.
