According to the public record, 48, Reachview Close, London is a mid-century leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Reachview Close, London, NW1 is located in the borough of Camden within the NW1 postal district.
48, Reachview Close, London has a single entry in the Land Registry database from October 2010 and a single entry in the EPC database dated April 2012.
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 48 Reachview Close London as £540,665 and the rental value as £2,687 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 48 Reachview Close London has decreased by £1,454 (0.3%) and its rental value has increased by £192 per month (7.2%).
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 48, Reachview Close, London is in very good condition we estimate a sale value of £567,699 and rental value of £2,821 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £502,819 and a rental value of £2,499 per month.
If you were able to purchase this property for the estimated value of £540,665, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,657 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, 48, Reachview Close, London was last sold on 01 Oct 2010 for £355,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2010, the market for similar properties has risen 50.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Reachview Close, London within a radius of 270 metres over the last 2 years.
The most recent example is 17, Reachview Close, London, NW1 0TY, a Leasehold flat which sold for £565,200 in Mar 2022.
Read more about house prices in NW1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 270 metres radius of 48, Reachview Close, London over the last 2 years.
Most recently Flat 16, Highstone Mansions 84, Camden Road, London, NW1 9DY, a Leasehold flat let by Your Home Managed in Jul 2023.
Reachview Close, London, NW1 has a total of 62 addresses. According to our analysis of all the public data, 48, Reachview Close, London is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £285k less expensive than the average property in NW1.
48, Reachview Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Apr 2012.
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 48, Reachview Close, London is Camden Road station which is 200 metres 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 48, Reachview Close, London, 53.5% of property is privately rented and 29.8% is socially 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 48, Reachview Close, London, 17.9% of residents are recorded as possessing school level qualifications and 58.8% 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 48, Reachview Close, London, the average age was 34.1 and the most common age was 22.
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 48, Reachview Close, 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 48, Reachview Close, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.