As updated by Jorgensen Turner in Sep 2022, 117, Cambridge Avenue, London is a modern leasehold apartment with 737 ft2 of internal area comprising 2 bedrooms with a garden.
There are 989 years remaining on the lease.
Cambridge Avenue, London, NW6 is located in the borough of Brent within the NW6 postal district.
Based on both the data supplied by Jorgensen Turner and the public information available in the area, we estimate the current sale value for 117 Cambridge Avenue London as £470,470 and the rental value as £2,055 per month giving an expected gross yield of 5.2%.
Jorgensen Turner described the decorative condition as fair in Sep 2022.
Over the last 12 months the sale value of 117 Cambridge Avenue London has decreased by £6,893 (1.5%) and its rental value has increased by £52 per month (2.5%).
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 117, Cambridge Avenue, London is in very good condition we estimate a sale value of £493,993 and rental value of £2,158 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £437,537 and a rental value of £1,911 per month.
If you were able to purchase this property for the estimated value of £470,470, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,312 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 Jorgensen Turner and HM Land Registry, 117, Cambridge Avenue, London was last sold on 11 Jan 2023 for £525,000 and was recorded as a leasehold flat.
The selling agent was Jorgensen Turner. The property has had 2 sales since 1995.
Since Jan 2023, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 117, Cambridge Avenue, London within a radius of 0m over the last 2 years.
The most recent example is 111, Cambridge Avenue, London, NW6 5AA, a Leasehold flat sold by Jorgensen Turner for £490,000 in Dec 2020.
Read more about house prices in NW6.
Our network of Estate Agents report 3 lets of properties similar to 117, Cambridge Avenue, London within a radius of 205m over the last 2 years.
Most recently 28A, Cambridge Avenue, London, NW6 5BA, a Leasehold flat let by Jorgensen Turner for an undisclosed amount in Mar 2024.
Cambridge Avenue, London, NW6 has a total of 158 addresses. According to our analysis of all the public data, 117, Cambridge Avenue, London is the 18th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £250k less expensive than the average property in NW6.
117, Cambridge Avenue, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Jan 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 117, Cambridge Avenue, London is Kilburn Park station which is 100 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 117, Cambridge Avenue, London, 54.4% of property is socially rented and 29.4% is privately rented.
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 117, Cambridge Avenue, London, 27.6% of residents are recorded as possessing school level qualifications and 43.5% 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 117, Cambridge Avenue, London, the average age was 35.8 and the most common age was 27.
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 117, Cambridge Avenue, London, 0.0% 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 117, Cambridge Avenue, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.