According to the public record, 62, Mornington Street, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 737 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Mornington Street, London, NW1 is located in the borough of Camden within the NW1 postal district.
62, Mornington Street, London has a single entry in the Land Registry database from August 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 62 Mornington Street London as £548,417 and the rental value as £2,996 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 62 Mornington Street London has decreased by £5,239 (1.0%) and its rental value has increased by £199 per month (6.6%).
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 62, Mornington Street, London is in very good condition we estimate a sale value of £575,838 and rental value of £3,146 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £510,028 and a rental value of £2,786 per month.
If you were able to purchase this property for the estimated value of £548,417, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,695 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, 62, Mornington Street, London was last sold on 24 Aug 2010 for £340,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2010, the market for similar properties has risen 48.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Mornington Street, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 37, Silsoe House 50, Park Village East, London, NW1 7QH, a Leasehold flat which sold for £625,000 in Feb 2021.
Read more about house prices in NW1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mornington Street, London, NW1 has a total of 66 addresses. According to our analysis of all the public data, 62, Mornington Street, London is the 6th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £278k less expensive than the average property in NW1.
The closest station to 62, Mornington Street, London is Mornington Crescent 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 62, Mornington Street, London, 42.3% of property is privately rented and 30.3% 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 62, Mornington Street, London, 27.7% of residents are recorded as possessing school level qualifications and 54.8% 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 62, Mornington Street, London, the average age was 36.2 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 62, Mornington Street, London, 4.4% 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 62, Mornington Street, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.