According to the public record, 47, Westmere Drive, London is a early-century leasehold apartment and with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Westmere Drive, London, NW7 is located in the borough of Barnet within the NW7 postal district.
47, Westmere Drive, London has 21 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated October 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 47 Westmere Drive London as £351,539 and the rental value as £1,806 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 47 Westmere Drive London has decreased by £6,455 (1.8%) and its rental value has increased by £55 per month (3.0%).
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 47, Westmere Drive, London is in very good condition we estimate a sale value of £369,116 and rental value of £1,897 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,931 and a rental value of £1,680 per month.
If you were able to purchase this property for the estimated value of £351,539, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,728 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, 47, Westmere Drive, London was last sold on 04 Jun 2021 for £347,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Westmere Drive, London within a radius of 58m over the last 2 years.
The most recent example is 42, Westmere Drive, London, NW7 3HE, a Leasehold flat which sold for £382,000 in Apr 2023.
Read more about house prices in NW7.
Westmere Drive, London, NW7 has a total of 72 addresses. According to our analysis of all the public data, 47, Westmere Drive, London is the 34th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £379k less expensive than the average property in NW7.
47, Westmere Drive, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 47, Westmere Drive, London is Mill Hill Broadway station which is 1.5 km 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 47, Westmere Drive, London, 34.8% of property is privately rented and 33.0% 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 47, Westmere Drive, London, 26.0% of residents are recorded as possessing school level qualifications and 40.7% 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 47, Westmere Drive, London, the average age was 37.9 and the most common age was 7.
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 47, Westmere Drive, London, 0.3% 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 47, Westmere Drive, 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.