Sold STC Flat

50 MARKET PLACE

LONDON, GREATER LONDON N2 8BB

2 beds 1 baths 68 m² Listed 3 May 2021 (-1864d)

£499,995

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# 2 bedroom apartment for sale (N2 8BB)

## Property Details

| Key | Value |
|-----|-------|
| Address | 50 MARKET PLACE, LONDON, GREATER LONDON N2 8BB |
| Price | £499,995 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £460,000 Sep 2021 |

## Description

Spacious 2 bedroom first floor maisonette ideally located for the amenities and transport facilities of East Finchley and benefits from being sold chain free.

Bright and spacious two bedroom first floor Edwardian purpose built maisonette, with own entrance and garden. The flat is in need of some TLC, but can be made into a delightful home. Spacious reception room, one double and one single bedroom, good size kitchen, bathroom, and garden. The property is being offered for sale chain free and is ideally located to East Finchley underground station and local shopping facilities. Early viewing is recommended.

## Property Photos

- ![Picture No. 04](/listings/photos/106329440/370629) - Picture No. 04
- ![Picture No. 09](/listings/photos/106329440/370630) - Picture No. 09
- ![Picture No. 06](/listings/photos/106329440/370633) - Picture No. 06
- ![Picture No. 11](/listings/photos/106329440/370634) - Picture No. 11
- ![Picture No. 03](/listings/photos/106329440/370636) - Picture No. 03
- ![Picture No. 05](/listings/photos/106329440/370638) - Picture No. 05
- ![Picture No. 10](/listings/photos/106329440/370641) - Picture No. 10
- ![Picture No. 02](/listings/photos/106329440/370644) - Picture No. 02
- ![Picture No. 08](/listings/photos/106329440/370646) - Picture No. 08
- ![Picture No. 07](/listings/photos/106329440/370647) - Picture No. 07

## Floorplans

- ![Floorplan](/listings/photos/106329440/370650) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/106329440/370654) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 50 MARKET PLACE, LONDON, BARNET, GREATER LONDON, N2 8BB | £460,000 | 13/09/2021 | 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 |

**Street average:** £535,000 (1 sale)
**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.*

## 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)

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Property details

Tenure

LEASEHOLD

Floor area

68 m²

Last sold

£460,000 Sep 2021

Local average

£461,251 (+8.4%)

Deprivation

Decile 8 (24,222 of 33,755)

Street crime

247 incidents within 1 mile (Apr 2026)

Key features

Reception Room
Two Bedrooms
Spacious Kitchen
Bathroom
Garden
Long Lease
Chain Free

Additional details

Garden: Yes

Description

Spacious 2 bedroom first floor maisonette ideally located for the amenities and transport facilities of East Finchley and benefits from being sold chain free.

Bright and spacious two bedroom first floor Edwardian purpose built maisonette, with own entrance and garden. The flat is in need of some TLC, but can be made into a delightful home. Spacious reception room, one double and one single bedroom, good size kitchen, bathroom, and garden. The property is being offered for sale chain free and is ideally located to East Finchley underground station and local shopping facilities. Early viewing is recommended.

Listed by

East Finchley

Prickett & Ellis

Reference: 106329440

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

Event	Date	Price	% change
Sold	13/09/2021 (4 years ago)	£460,000	—

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

Street average: £535,000 (1 sale)

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%

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	Sainsbury's Local	0.1 miles
Shop	Bike and Run Ltd	0.1 miles
Bus stop	High Road East Finchley	0.1 miles
Train station	East Finchley	0.3 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	62
Anti-social behaviour	42
Vehicle crime	29
Other theft	25
Shoplifting	24
Public order	21
Burglary	15
Criminal damage and arson	7
Theft from the person	7
Other crime	5
Bicycle theft	4
Robbery	4
Drugs	1
Possession of weapons	1
Total incidents	247

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	0.1 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).