According to the public record, 271A, Willesden Lane, London is a period leasehold apartment and with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 271, Willesden Lane, London, NW2.
Willesden Lane, London, NW2 is located in the borough of Brent within the NW2 postal district.
271A, Willesden Lane, London has a single entry in the Land Registry database from March 2024 and a single entry in the EPC database dated July 2023.
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 271A Willesden Lane London as £493,103 and the rental value as £2,570 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 271A Willesden Lane London has decreased by £6,659 (1.4%) and its rental value has increased by £49 per month (1.9%).
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 271A, Willesden Lane, London is in very good condition we estimate a sale value of £517,758 and rental value of £2,699 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,586 and a rental value of £2,390 per month.
If you were able to purchase this property for the estimated value of £493,103, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,423 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, 271A, Willesden Lane, London was last sold on 27 Mar 2024 for £485,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2024, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 271A, Willesden Lane, London within a radius of 89m over the last 2 years.
The most recent example is 3, Springhill House 249, Willesden Lane, London, NW2 5DG, a Leasehold flat which sold for £380,000 in Jun 2024.
Read more about house prices in NW2.
Our network of Estate Agents report 1 let within a 254m radius of 271A, Willesden Lane, London over the last 2 years.
Most recently 47B , High Road, London, NW10 2TE, a flat let by Jorgensen Turner for an undisclosed amount in Jan 2021.
Willesden Lane, London, NW2 has a total of 440 addresses. According to our analysis of all the public data, 271A, Willesden Lane, London is the 90th largest and the 104th most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in NW2.
271A, Willesden Lane, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 271A, Willesden Lane, London is Willesden Green station which is 300 m 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 271A, Willesden Lane, London, 30.3% 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 271A, Willesden Lane, London, 11.8% of residents are recorded as possessing school level qualifications and 49.2% 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 271A, Willesden Lane, London, the average age was 36.9 and the most common age was 32.
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 271A, Willesden Lane, London, 1.2% 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 271A, Willesden Lane, 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.