Sold STC Flat

16 MARKET PLACE

LONDON, GREATER LONDON N2 8BB

2 beds 1 baths 614 sq ft Listed 19 Feb 2021 (-1937d)

£500,000

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# 2 bedroom apartment for sale (N2 8BB)

## Property Details

| Key | Value |
|-----|-------|
| Address | 16 MARKET PLACE, LONDON, GREATER LONDON N2 8BB |
| Price | £500,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 57 m² |
| Last sold | £470,000 May 2021 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Current heating cost:** £391/year

### Recommendations
- Q (14,000)
- W1 (1,200)
- E (25)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0872-2810-7783-2590-1145)

## Description

This 2 bedroom Garden Maisonette is excellently located for the amenities of East Finchley and benefits from being sold chain free.

This ground floor, two bedroom Garden Maisonette boasts potential and is offered chain free. The sitting room with its large bay-window has period features including a stunning fireplace. The large eat-in kitchen leads out to a charming, mainly walled, garden with great potential to become the perfect spot to relax in.

The property has one double and one single bedroom and is ideally located for all the amenities of East Finchley High Road.

## Property Photos

- ![Front External x](/listings/photos/89238007/370655) - Front External x
- ![Garden a](/listings/photos/89238007/370663) - Garden a
- ![Reception a](/listings/photos/89238007/370670) - Reception a
- ![Kitchen a x](/listings/photos/89238007/370672) - Kitchen a x
- ![Bedroom 1 a x](/listings/photos/89238007/370673) - Bedroom 1 a x
- ![Garden b](/listings/photos/89238007/370674) - Garden b
- ![Kitchen b x](/listings/photos/89238007/370675) - Kitchen b x
- ![Bedroom 1](/listings/photos/89238007/370676) - Bedroom 1
- ![Bedroom 2 x](/listings/photos/89238007/370677) - Bedroom 2 x
- ![Reception b](/listings/photos/89238007/370678) - Reception b
- ![Bathroom x](/listings/photos/89238007/370679) - Bathroom x

## Floorplans

- ![marketplace FP](/listings/photos/89238007/370680) - marketplace FP

## EPC Graphs

- ![epc Market Place](/listings/photos/89238007/370682) - epc Market Place

## FENSA Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #14048144
- **Address:** 16 Market Place, LONDON, N2 8BB
- **Certificate Issued:** 29/03/2020
- **Work Completed:** 18/03/2020
- **Items:** 1 window(s)

### FENSA Certificate #13612172
- **Address:** 16 Market Place, LONDON, N2 8BB
- **Certificate Issued:** 17/06/2019
- **Work Completed:** 06/06/2019
- **Items:** 2 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 16 MARKET PLACE, LONDON, BARNET, GREATER LONDON, N2 8BB | £470,000 | 14/05/2021 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 7A MARKET PLACE, LONDON, BARNET, GREATER LONDON, N2 8BD | £530,000 | 28/07/2022 | Flat |
| [Same street] 54 MARKET PLACE, LONDON, BARNET, GREATER LONDON, N2 8BB | £535,000 | 05/01/2022 | Flat |
| [Same street] 50 MARKET PLACE, LONDON, BARNET, GREATER LONDON, N2 8BB | £460,000 | 13/09/2021 | Flat |

**Street average:** £497,500 (2 sales)
**Area average:** £530,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £461,251 (40 Flat, N2, 2024–2026)
- **Deviation:** +8.4%

## Rental Range

*ONS Price Index of Private Rents (Barnet). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,738/mo
- **Realistic:** £1,931/mo
- **Optimistic:** £2,124/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Peterborough (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £698/mo

## 1% Rule

- **Rent ratio:** 0.39% (weak for cashflow)
- **Max investor price (0.8%):** £241,375
- **Target investor price (1%):** £193,100

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Price per Square Metre

- **£/m²:** £8,772/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 10.2%
- **10y growth:** -9.9%

## House Price Index (HM Land Registry)

*Official index for Barnet; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -6.5%
- **5y growth (index):** -4.5%
- **10y growth (index):** -0.2%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Front External x Garden a Reception a Kitchen a x Bedroom 1 a x Garden b Kitchen b x Bedroom 1 Bedroom 2 x Reception b Bathroom x

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Property details

Tenure

LEASEHOLD

Floor area

57 m²

EPC rating

Year built

England and Wales: 1900-1929

Last sold

£470,000 May 2021

Price per m²

£8,772/m²

Local average

£461,251 (+8.4%)

Deprivation

Decile 8 (24,222 of 33,755)

Street crime

250 incidents within 1 mile (Apr 2026)

Key features

Chain Free
Private Garden
Leasehold
Two Bedrooms
Close To Amenities
Purpose Built Maisonette
Own Entrance
Period Features
0.1 Miles To East Finchley High Road
East Finchley Station 5 Mins Walk

Additional details

Garden: Yes

Description

This 2 bedroom Garden Maisonette is excellently located for the amenities of East Finchley and benefits from being sold chain free.

This ground floor, two bedroom Garden Maisonette boasts potential and is offered chain free. The sitting room with its large bay-window has period features including a stunning fireplace. The large eat-in kitchen leads out to a charming, mainly walled, garden with great potential to become the perfect spot to relax in.
The property has one double and one single bedroom and is ideally located for all the amenities of East Finchley High Road.

Listed by

East Finchley

Prickett & Ellis

Reference: 89238007

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 10/08/2020

Current heating cost: £391/year

Potential heating cost: £280/year

Recommendations

50 mm internal or external wall insulation (14,000)
Floor insulation (suspended floor) (1,200)
Low energy lighting for all fixed outlets (25)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

marketplace FP

EPC Graphs

epc Market Place

FENSA Certificates

This property has 2 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #14048144

Property Details

Street: 16 Market Place

Town: LONDON

Postcode: N2 8BB

Installation Details

Items: 1 window

Certificate Issued: 29/03/2020

Work Completed: 18/03/2020

This certificate data was retrieved from FENSA's database

FENSA Certificate #13612172

Property Details

Street: 16 Market Place

Town: LONDON

Postcode: N2 8BB

Installation Details

Items: 2 windows

Certificate Issued: 17/06/2019

Work Completed: 06/06/2019

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event	Date	Price	% change
Sold	14/05/2021 (5 years ago)	£470,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
7A MARKET PLACE, LONDON, BARNET, GREATER LONDON, N2 8BD	£530,000	28/07/2022	Flat
Same street 54 MARKET PLACE, LONDON, BARNET, GREATER LONDON, N2 8BB	£535,000	05/01/2022	Flat
Same street 50 MARKET PLACE, LONDON, BARNET, GREATER LONDON, N2 8BB	£460,000	13/09/2021	Flat

Street average: £497,500 (2 sales)

Area average: £530,000 (1 sale)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 10.2%

10y growth -9.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Barnet. Series: Flats and maisonettes. As of March 2026.

1y (index) -6.5%

5y (index) -4.5%

10y (index) -0.2%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: QUADRON INVESTMENTS LIMITED

Rental Range

Estimated market rent for Barnet. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,738/mo

Realistic £1,931/mo

Optimistic £2,124/mo

Based on Local Authority from postcode lookup → Barnet.

LHA (30th percentile) floor for Peterborough: £698/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View N2 8BB

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Kitchener Road	0.1 miles
Shop	Iceland	0.1 miles
Shop	Sainsbury's Local	0.1 miles
Bus stop	High Road East Finchley	0.1 miles
Train station	East Finchley	0.2 miles
Train station	Highgate	1.3 miles
University	Central Belsize Square	3.0 miles
University	Flood Hazard Research Centre	3.2 miles
Hospital	Priory Hospital	3.5 miles
Hospital	North London Hospice Winchmore Hill	4.0 miles

Street-level crime

Category	Count
Violence and sexual offences	58
Anti-social behaviour	41
Shoplifting	31
Vehicle crime	30
Other theft	25
Public order	20
Burglary	15
Theft from the person	8
Criminal damage and arson	7
Other crime	5
Bicycle theft	4
Robbery	4
Drugs	1
Possession of weapons	1
Total incidents	250

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Holy Trinity CofE Primary School	Primary	0.1 miles	Good — 9 Sep 2024
The Archer Academy	Secondary	0.2 miles	Outstanding — 18 Jun 2019
Martin Primary School	Primary	0.3 miles	Good — 26 Nov 2023
Oak Lodge School	Other	0.5 miles	Outstanding — 31 Jan 2014
Kerem School	Other	0.5 miles	— (No rating)

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.39%

Max investor price (0.8%) £241,375

Target investor price (1%) £193,100

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).