According to the public record, 15, Townsend Lane, London is a early-century leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 15, Townsend Lane, London, NW9.
Townsend Lane, London, NW9 is located in the borough of Brent within the NW9 postal district.
15, Townsend Lane, London has a single entry in the Land Registry database from April 2023 and a single entry in the EPC database dated October 2022.
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 15 Townsend Lane London as £358,752 and the rental value as £1,968 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 15 Townsend Lane London has increased by £4,482 (1.2%) and its rental value has increased by £71 per month (3.6%).
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 15, Townsend Lane, London is in very good condition we estimate a sale value of £376,689 and rental value of £2,067 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £333,639 and a rental value of £1,831 per month.
If you were able to purchase this property for the estimated value of £358,752, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,763 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, 15, Townsend Lane, London was last sold on 17 Apr 2023 for £420,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2023, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Townsend Lane, London within a radius of 620 metres over the last 2 years.
The most recent example is 1A, Doreen Avenue, London, NW9 7NX, a Leasehold flat which sold for £295,000 in Jul 2024.
Read more about house prices in NW9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 620 metres radius of 15, Townsend Lane, London over the last 2 years.
Most recently 68, Kingsmead Avenue, London, NW9 7NN, a Freehold house let by Jorgensen Turner in Jul 2024.
Townsend Lane, London, NW9 has a total of 86 addresses. According to our analysis of all the public data, 15, Townsend Lane, London is the 60th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in NW9.
15, Townsend Lane, London has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 13 Oct 2022.
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 15, Townsend Lane, London is Hendon station which is 1.4 kilometres 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 15, Townsend Lane, London, 36.0% of property is privately rented and 34.4% 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 15, Townsend Lane, London, 22.0% of residents are recorded as possessing school level qualifications and 41.6% 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 15, Townsend Lane, London, the average age was 38.4 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 15, Townsend Lane, London, 1.3% 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 15, Townsend Lane, London, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.