According to the public record, 40, Lechmere Road, London is a period apartment with 576 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Lechmere Road, London, NW2 is located in the borough of Brent within the NW2 postal district.
40, Lechmere Road, London has no records in the Land Registry database and a single entry in the EPC database dated February 2009.
We combine this information with public data 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 40 Lechmere Road London as £1,323,788 and the rental value as £5,685 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 40 Lechmere Road London has increased by £21,337 (1.6%) and its rental value has increased by £287 per month (5.1%).
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 40, Lechmere Road, London is in very good condition we estimate a sale value of £1,389,977 and rental value of £5,969 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,231,123 and a rental value of £5,287 per month.
If you were able to purchase this property for the estimated value of £1,323,788, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,506 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 40, Lechmere Road, London within a radius of 95m over the last 2 years.
The most recent example is 6B, Lechmere Road, London, NW2 5BU, a Leasehold flat which sold for £445,000 in Feb 2014.
Read more about house prices in NW2.
Our network of Estate Agents report 1 let within a 262m radius of 40, Lechmere Road, London over the last 2 years.
Most recently 47B , High Road, London, NW10 2TE, a flat let by Jorgensen Turner for an undisclosed amount in Jan 2021.
Lechmere Road, London, NW2 has a total of 92 addresses. According to our analysis of all the public data, 40, Lechmere Road, London is the 69th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £736k more expensive than the average property in NW2.
40, Lechmere Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Feb 2009.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 40, Lechmere Road, London is Willesden Green station which is 600 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 40, Lechmere Road, London, 46.0% of property is privately rented and 21.0% 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 40, Lechmere Road, London, 20.5% of residents are recorded as possessing school level qualifications and 49.6% 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 40, Lechmere Road, London, the average age was 36.9 and the most common age was 32.
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 40, Lechmere Road, London, 0.5% 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 40, Lechmere Road, 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.