Sold STC Semi-detached

103 THE GREENWAY

LONDON, GREATER LONDON NW9 5AR

2 beds 2 baths 700 sq ft Listed 4 Jun 2018 (-2941d)

£475,000

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# 2 bedroom semi-detached house for sale (NW9 5AR)

## Property Details

| Key | Value |
|-----|-------|
| Address | 103 THE GREENWAY, LONDON, GREATER LONDON NW9 5AR |
| Price | £475,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Construction age | England and Wales: 1950-1966 |
| Floor area | 65 m² |
| Last sold | £430,000 Jun 2019 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 13/04/2026 — **EXPIRED** (no longer valid for marketing or letting)
- **Current heating cost:** £735/year
- **Est. upgrade cost to C:** £21,500

### Recommendations
- Q (£4,000 - £14,000)
- W1 (£800 - £1,200)
- N (£4,000 - £6,000)
- U (£5,000 - £8,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9948-0029-7284-4836-9984)

## Description

For further details or to arrange a viewing contact Ellis and Co Estate Agents on 020 8959 3281.

The property is currently informally arranged as two separate one bedroom flats and would need to be either re-instated to a single dwelling or formally converted to create two flats (subject to obtaining the necessary planning permission and building regulation consents).

Benefits include approximately 70ft rear garden and own drive providing off street parking for several cars.

For further details or to arrange a viewing contact Ellis and Co Estate Agents on 020 8959 3281.

## Property Photos

- ![Picture No. 01](/listings/photos/73619984/339094) - Picture No. 01
- ![Picture No. 05](/listings/photos/73619984/339097) - Picture No. 05
- ![Picture No. 16](/listings/photos/73619984/339099) - Picture No. 16
- ![Picture No. 15](/listings/photos/73619984/339101) - Picture No. 15
- ![Picture No. 14](/listings/photos/73619984/339107) - Picture No. 14
- ![Picture No. 13](/listings/photos/73619984/339109) - Picture No. 13
- ![Picture No. 02](/listings/photos/73619984/339111) - Picture No. 02
- ![Picture No. 04](/listings/photos/73619984/339113) - Picture No. 04
- ![Picture No. 03](/listings/photos/73619984/339114) - Picture No. 03
- ![Picture No. 08](/listings/photos/73619984/339115) - Picture No. 08
- ![Picture No. 09](/listings/photos/73619984/339116) - Picture No. 09
- ![Map](/listings/photos/73619984/339120) - Map

## Floorplans

- ![Floorplan](/listings/photos/73619984/339121) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/73619984/339124) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 103 THE GREENWAY, LONDON, BARNET, GREATER LONDON, NW9 5AR | £430,000 | 05/06/2019 | 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 |
|---------|-------|------|------|
| 1 GREENWAY CLOSE, LONDON, BARNET, GREATER LONDON, NW9 5AZ | £450,000 | 19/12/2025 | Semi-detached |
| 15 GREENWAY CLOSE, LONDON, BARNET, GREATER LONDON, NW9 5AZ | £550,000 | 19/12/2025 | Semi-detached |
| 22 GREENWAY CLOSE, LONDON, BARNET, GREATER LONDON, NW9 5AZ | £500,000 | 20/10/2023 | Semi-detached |
| 23 ANNESLEY AVENUE, LONDON, BARNET, GREATER LONDON, NW9 5ED | £500,000 | 23/08/2023 | Semi-detached |
| 46 SOUTHBOURNE AVENUE, LONDON, BARNET, GREATER LONDON, NW9 5BT | £555,000 | 14/04/2023 | Semi-detached |
| 11 SOUTHBOURNE AVENUE, LONDON, BARNET, GREATER LONDON, NW9 5BU | £625,000 | 29/11/2022 | Semi-detached |
| 56 THE GREENWAY, LONDON, BARNET, GREATER LONDON, NW9 5AT | £575,000 | 26/09/2022 | Semi-detached |
| 17 GREENWAY GARDENS, LONDON, BARNET, GREATER LONDON, NW9 5AY | £585,000 | 02/08/2022 | Semi-detached |
| 34 GREENWAY GARDENS, LONDON, BARNET, GREATER LONDON, NW9 5AX | £675,250 | 01/07/2022 | Semi-detached |
| 8 PORTMAN GARDENS, LONDON, BARNET, GREATER LONDON, NW9 5AS | £512,500 | 20/01/2022 | Semi-detached |
| 19 SOUTHBOURNE AVENUE, LONDON, BARNET, GREATER LONDON, NW9 5BU | £568,000 | 21/12/2021 | Semi-detached |

**Area average:** £554,159 (11 sales)

## Price vs local average

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

- **Local average:** £581,119 (21 Semi-detached, NW9, 2024–2026)
- **Deviation:** -18.3%

## 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 South West Herts (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,247/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Capitol Way, NW9 | £2,200/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Flat, London, NW9 | £2,100/mo | 2 | 0.28 miles | OpenRent |
| 2 Bed Flat, Ajax Avenue, NW9 | £2,900/mo | 2 | 0.3 miles | OpenRent |
| 2 Bed Flat, Warburg Court, NW9 | £2,000/mo | 2 | 0.35 miles | OpenRent |
| 2 Bed Flat, Falcon Way, NW9 | £1,900/mo | 2 | 0.48 miles | OpenRent |
| 2 Bed Flat, Amity House, NW9 | £2,375/mo | 2 | 0.5 miles | OpenRent |

**Average rent: £2,246/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 0.45% (weak for cashflow)
- **Max investor price (0.8%):** £268,750
- **Target investor price (1%):** £215,000

*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 OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,150/mo).*

- **Gross yield:** 5.4%
- **Cost-to-rent:** 18.4×
- **Monthly cashflow:** £39/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 0.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £7,308/m²

## Capital growth trend

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

- **5y growth:** 2.5%
- **10y growth:** -3.8%

## House Price Index (HM Land Registry)

*Official index for Barnet; Semi-detached series; as of March 2026.*

- **1y growth (index):** -1.3%
- **5y growth (index):** 7.1%
- **10y growth (index):** 15.1%

## 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)

Picture No. 01 Picture No. 05 Picture No. 16 Picture No. 15 Picture No. 14 Picture No. 13 Picture No. 02 Picture No. 04 Picture No. 03 Picture No. 08 Picture No. 09 Map

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Property details

Tenure

FREEHOLD

Floor area

65 m²

EPC rating

Year built

England and Wales: 1950-1966

Last sold

£430,000 Jun 2019

Price per m²

£7,308/m²

Local average

£581,119 (-18.3%)

Deprivation

Decile 4 (12,031 of 33,755)

Street crime

712 incidents within 1 mile (Apr 2026)

Key features

Chain free
Approx 1/2 mile from Colindale Tube Station
Scope to extend (subject to p/p)
Own drive providing off street parking
Close to excellent shopping facilities
Approx 70ft rear garden

Additional details

Parking: Yes
Garden: Yes

Description

An unmodernised two double bedroom, two reception room semi-detached house situated in a residential road just off The Edgware Road, within easy reach of the excellent local shopping and transport facilities and approximately half a mile from Colindale Tube Station.

For further details or to arrange a viewing contact Ellis and Co Estate Agents on 020 8959 3281.

The property is currently informally arranged as two separate one bedroom flats and would need to be either re-instated to a single dwelling or formally converted to create two flats (subject to obtaining the necessary planning permission and building regulation consents).

Benefits include approximately 70ft rear garden and own drive providing off street parking for several cars.

For further details or to arrange a viewing contact Ellis and Co Estate Agents on 020 8959 3281.

Listed by

Mill Hill

The Property Franchise Group

Reference: 73619984

EPC Rating & Upgrade Cost

This certificate expired on 13/04/2026. A new EPC may be required before the property can be marketed or let.

Current rating: D

Potential rating: B

Inspection date: 14/04/2016

Expiry date: 13/04/2026 (expired)

Current heating cost: £735/year

Potential heating cost: £396/year

Est. upgrade cost to C: £21,500

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

50 mm internal or external wall insulation (£4,000 - £14,000)
Floor insulation (suspended floor) (£800 - £1,200)
Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£5,000 - £8,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

Event	Date	Price	% change
Sold	05/06/2019 (7 years ago)	£430,000	—

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
1 GREENWAY CLOSE, LONDON, BARNET, GREATER LONDON, NW9 5AZ	£450,000	19/12/2025	Semi-detached
15 GREENWAY CLOSE, LONDON, BARNET, GREATER LONDON, NW9 5AZ	£550,000	19/12/2025	Semi-detached
22 GREENWAY CLOSE, LONDON, BARNET, GREATER LONDON, NW9 5AZ	£500,000	20/10/2023	Semi-detached
23 ANNESLEY AVENUE, LONDON, BARNET, GREATER LONDON, NW9 5ED	£500,000	23/08/2023	Semi-detached
46 SOUTHBOURNE AVENUE, LONDON, BARNET, GREATER LONDON, NW9 5BT	£555,000	14/04/2023	Semi-detached
11 SOUTHBOURNE AVENUE, LONDON, BARNET, GREATER LONDON, NW9 5BU	£625,000	29/11/2022	Semi-detached
56 THE GREENWAY, LONDON, BARNET, GREATER LONDON, NW9 5AT	£575,000	26/09/2022	Semi-detached
17 GREENWAY GARDENS, LONDON, BARNET, GREATER LONDON, NW9 5AY	£585,000	02/08/2022	Semi-detached
34 GREENWAY GARDENS, LONDON, BARNET, GREATER LONDON, NW9 5AX	£675,250	01/07/2022	Semi-detached
8 PORTMAN GARDENS, LONDON, BARNET, GREATER LONDON, NW9 5AS	£512,500	20/01/2022	Semi-detached
19 SOUTHBOURNE AVENUE, LONDON, BARNET, GREATER LONDON, NW9 5BU	£568,000	21/12/2021	Semi-detached

Area average: £554,159 (11 sales)

Capital growth trend

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

5y growth 2.5%

10y growth -3.8%

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

1y (index) -1.3%

5y (index) 7.1%

10y (index) 15.1%

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 South West Herts: £1,247/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NW9 5AR

Nearby

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

Type	Name	Distance
Shop	Asda Opticians	0.1 miles
Bus stop	The Greenway	0.1 miles
Bus stop	Annesley Avenue	0.1 miles
Shop	Mercedes-Benz Colindale	0.1 miles
Train station	Colindale	0.4 miles
Train station	Burnt Oak	0.6 miles
University	Middlesex University	0.8 miles
University	Flood Hazard Research Centre	0.8 miles
Hospital	Priory Hospital	6.6 miles
Hospital	The Portland Hospital	7.1 miles

Street-level crime

Category	Count
Violence and sexual offences	212
Anti-social behaviour	172
Vehicle crime	49
Other theft	46
Public order	46
Criminal damage and arson	39
Shoplifting	37
Burglary	35
Theft from the person	26
Drugs	23
Robbery	11
Possession of weapons	8
Other crime	6
Bicycle theft	2
Total incidents	712

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
Beis Yaakov Primary School	Primary	0.3 miles	Good — 21 Apr 2015
The Village School	Other	0.4 miles	Outstanding — 15 Nov 2016
Barnfield Primary School	Primary	0.4 miles	Good — 8 Sep 2024
The Annunciation Catholic Infant School	Primary	0.5 miles	Good — 8 Dec 2022
Brent River College	Other	0.5 miles	Good — 20 Oct 2017

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Flat, Capitol Way, NW9	£2,200/mo	2	0.07 miles	OpenRent
2 Bed Flat, London, NW9	£2,100/mo	2	0.28 miles	OpenRent
2 Bed Flat, Ajax Avenue, NW9	£2,900/mo	2	0.3 miles	OpenRent
2 Bed Flat, Warburg Court, NW9	£2,000/mo	2	0.35 miles	OpenRent
2 Bed Flat, Falcon Way, NW9	£1,900/mo	2	0.48 miles	OpenRent
2 Bed Flat, Amity House, NW9	£2,375/mo	2	0.5 miles	OpenRent

Average rent: £2,246/mo (6 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.45%

Max investor price (0.8%) £268,750

Target investor price (1%) £215,000

Gross yield 5.4%

Cost-to-rent ratio 18.4×

Monthly cashflow £39/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 0.3%

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).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).