As updated by Jorgensen Turner in Feb 2022, 183A, Salmon Street, London is a mid-century leasehold apartment with a share of the freehold and with 980 ft2 of internal area comprising 3 bedrooms .
The apartment is in 183, Salmon Street, London, NW9.
Salmon Street, London, NW9 is located in the borough of Brent within the NW9 postal district.
Based on both the data supplied by Jorgensen Turner and the public information available in the area, we estimate the current sale value for 183A Salmon Street London as £520,625 and the rental value as £2,356 per month giving an expected gross yield of 5.4%.
Jorgensen Turner described the decorative condition as fair in Feb 2022.
Over the last 12 months the sale value of 183A Salmon Street London has decreased by £4,877 (0.9%) and its rental value has increased by £51 per month (2.2%).
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 183A, Salmon Street, London is in very good condition we estimate a sale value of £546,657 and rental value of £2,474 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £484,182 and a rental value of £2,191 per month.
If you were able to purchase this property for the estimated value of £520,625, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,559 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 Jorgensen Turner , 183A, Salmon Street, London was let 2 times since 2021 with the latest being in Feb 2022 for an undisclosed price.
Since Feb 2022, the market values of similar properties has risen 20.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 183A, Salmon Street, London within a radius of 630 metres over the last 2 years.
The most recent example is 183, Salmon Street, London, NW9 8NE, a Leasehold flat which sold for £470,000 in Apr 2023.
Read more about house prices in NW9.
*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 183A, Salmon Street, London within a radius of 630 metres over the last 2 years.
Most recently 183, Salmon Street, London, NW9 8NE, a Leasehold flat let by Jorgensen Turner in Jan 2022.
Salmon Street, London, NW9 has a total of 299 addresses. According to our analysis of all the public data, 183A, Salmon Street, London is the 246th largest and the 243rd most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in NW9.
The closest station to 183A, Salmon Street, London is Kingsbury station which is 1.4 kilometres 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 183A, Salmon Street, London, 39.5% of property is privately owned outright and 35.7% 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 183A, Salmon Street, London, 21.2% of residents are recorded as possessing school level qualifications and 41.5% 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 183A, Salmon Street, London, the average age was 38.4 and the most common age was 27.
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 183A, Salmon Street, London, 2.3% 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 183A, Salmon Street, London, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.