According to the public record, 112, Draycott Close, London is a modern leasehold apartment and with 301 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Draycott Close, London, NW2 is located in the borough of Barnet within the NW2 postal district.
112, Draycott Close, London has 51 entries in the Land Registry database, most recently in October 2016 and 2 entries in the EPC database, most recently in August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 112 Draycott Close London as £235,416 and the rental value as £1,234 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 112 Draycott Close London has increased by £8,285 (3.5%) and its rental value has increased by £81 per month (6.6%).
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 112, Draycott Close, London is in very good condition we estimate a sale value of £247,187 and rental value of £1,296 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,937 and a rental value of £1,148 per month.
If you were able to purchase this property for the estimated value of £235,416, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,157 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 112, Draycott Close, London was last sold on 28 Oct 2016 for £235,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Oct 2016, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 112, Draycott Close, London within a radius of 136m over the last 2 years.
The most recent example is 69, Windmill Drive, London, NW2 1UR, a Leasehold flat which sold for £235,000 in Jun 2022.
Read more about house prices in NW2.
Draycott Close, London, NW2 has a total of 120 addresses. According to our analysis of all the public data, 112, Draycott Close, London is the 117th largest and the 111th most expensive property on the street.
When compared to the postcode district it is £352k less expensive than the average property in NW2.
112, Draycott Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 112, Draycott Close, London is Cricklewood station which is 300 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 112, Draycott Close, London, 84.7% of property is privately rented and 8.1% 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 112, Draycott Close, London, 11.6% 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 112, Draycott Close, London, the average age was 37.5 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 112, Draycott Close, London, 1.5% 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 112, Draycott Close, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.