According to the public record, 5, Purchese Street, London is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Purchese Street, London, NW1 is located in the borough of Camden within the NW1 postal district.
5, Purchese Street, London has 21 entries in the Land Registry database, most recently in December 2009 and a single entry in the EPC database dated February 2019.
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 5 Purchese Street London as £386,821 and the rental value as £2,231 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 5 Purchese Street London has decreased by £983 (0.3%) and its rental value has increased by £144 per month (6.5%).
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 5, Purchese Street, London is in very good condition we estimate a sale value of £406,162 and rental value of £2,342 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,743 and a rental value of £2,074 per month.
If you were able to purchase this property for the estimated value of £386,821, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,901 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, 5, Purchese Street, London was last sold on 04 Dec 2009 for £230,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2009, the market for similar properties has risen 51.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Purchese Street, London within a radius of 320 metres over the last 2 years.
The most recent example is 10, Somers Close, London, NW1 1RT, a Leasehold flat which sold for £442,500 in Mar 2023.
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 1 let of a property similar to 5, Purchese Street, London within a radius of 320 metres over the last 2 years.
Most recently Flat 2, 23, Phoenix Road, London, NW1 1HB, a flat let by Fine Living in Jun 2020.
Purchese Street, London, NW1 has a total of 134 addresses. According to our analysis of all the public data, 5, Purchese Street, London is the 83rd largest and the 81st most expensive property on the street.
When compared to the postcode district it is £439k less expensive than the average property in NW1.
5, Purchese Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 5, Purchese Street, London is London St Pancras (Eurostar) station which is 400 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 5, Purchese Street, London, 66.7% of property is socially rented and 18.3% is privately 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 5, Purchese Street, London, 18.5% of residents are recorded as possessing school level qualifications and 45.1% 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 5, Purchese Street, London, the average age was 33.5 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 5, Purchese Street, London, 0.0% 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 5, Purchese Street, 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.