According to the public record, 2, Falkland Place, London is a period freehold house and with 1,184 ft2 of internal area and sits on a 115 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Falkland Place, London, NW5 is located in the borough of Camden within the NW5 postal district.
2, Falkland Place, London has 41 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated January 2024.
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 2 Falkland Place London as £1,142,891 and the rental value as £5,223 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 2 Falkland Place London has decreased by £212 (0.0%) and its rental value has increased by £396 per month (7.6%).
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 2, Falkland Place, London is in very good condition we estimate a sale value of £1,200,035 and rental value of £5,484 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,062,888 and a rental value of £4,857 per month.
If you were able to purchase this property for the estimated value of £1,142,891, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,617 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 data from HM Land Registry, 2, Falkland Place, London sits on a plot of 115m2.
We have plot size data on 2 out of 6 other houses in the postcode and 2, Falkland Place, London sits on the largest plot.
According to HM Land Registry, 2, Falkland Place, London was last sold on 23 Nov 2022 for £1,125,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Nov 2022, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Falkland Place, London within a radius of 104m over the last 2 years.
The most recent example is 4, Leverton Street, London, NW5 2PJ, a Freehold house which sold for £1,200,000 in Aug 2022.
Read more about house prices in NW5.
Falkland Place, London, NW5 has a total of 6 addresses. According to our analysis of all the public data, 2, Falkland Place, London is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £401k more expensive than the average property in NW5.
2, Falkland Place, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jan 2024.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 2, Falkland Place, London is Kentish Town 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 2, Falkland Place, London, 31.5% of property is privately owned outright and 27.8% 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 2, Falkland Place, London, 12.8% of residents are recorded as possessing school level qualifications and 78.3% 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 2, Falkland Place, London, the average age was 38.9 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 2, Falkland Place, London, 1.8% 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 2, Falkland Place, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.