According to the public record, 22A , Mornington Crescent, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 930 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 22, Mornington Crescent, London, NW1.
Mornington Crescent, London, NW1 is located in the borough of Camden within the NW1 postal district.
22A , Mornington Crescent, London has 41 entries in the Land Registry database, most recently in December 2020 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 22A Mornington Crescent London as £759,286 and the rental value as £3,929 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 22A Mornington Crescent London has decreased by £9,967 (1.3%) and its rental value has increased by £244 per month (6.2%).
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 22A , Mornington Crescent, London is in very good condition we estimate a sale value of £797,251 and rental value of £4,126 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £706,136 and a rental value of £3,654 per month.
If you were able to purchase this property for the estimated value of £759,286, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,732 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, 22A , Mornington Crescent, London was last sold on 08 Dec 2020 for £930,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Dec 2020, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22A , Mornington Crescent, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 4, 11, Mornington Crescent, London, NW1 7RH, a Leasehold flat which sold for £730,000 in May 2022.
Read more about house prices in NW1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mornington Crescent, London, NW1 has a total of 176 addresses. According to our analysis of all the public data, 22A , Mornington Crescent, London is the 23rd largest and the 27th most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in NW1.
The closest station to 22A , Mornington Crescent, London is Mornington Crescent station which is 100 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 22A , Mornington Crescent, London, 50.0% of property is socially rented and 24.1% 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 22A , Mornington Crescent, London, 22.8% of residents are recorded as possessing school level qualifications and 41.9% 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 22A , Mornington Crescent, 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 22A , Mornington Crescent, 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 22A , Mornington Crescent, 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.