According to the public record, 42A, Wood Lane, London is a early-century leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 42, Wood Lane, London, NW9.
Wood Lane, London, NW9 is located in the borough of Brent within the NW9 postal district.
42A, Wood Lane, London has 3 entries in the Land Registry database, most recently in January 2012 and a single entry in the EPC database dated February 2015.
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 42A Wood Lane London as £269,359 and the rental value as £1,461 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 42A Wood Lane London has increased by £5,120 (1.9%) and its rental value has increased by £63 per month (4.3%).
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 42A, Wood Lane, London is in very good condition we estimate a sale value of £282,827 and rental value of £1,534 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,504 and a rental value of £1,359 per month.
If you were able to purchase this property for the estimated value of £269,359, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,324 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, 42A, Wood Lane, London was last sold on 30 Jan 2012 for £203,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2012, the market for similar properties has risen 52.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42A, Wood Lane, London within a radius of 570 metres over the last 2 years.
The most recent example is 42A, Reeves Avenue, London, NW9 8LP, a Leasehold flat which sold for £290,000 in Oct 2022.
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 within a 570 metres radius of 42A, Wood Lane, London over the last 2 years.
Most recently 68, Kingsmead Avenue, London, NW9 7NN, a Freehold house let by Jorgensen Turner in Jul 2024.
Wood Lane, London, NW9 has a total of 112 addresses. According to our analysis of all the public data, 42A, Wood Lane, London is the 110th largest and the 110th most expensive property on the street.
When compared to the postcode district it is £191k less expensive than the average property in NW9.
42A, Wood Lane, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Feb 2015.
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 42A, Wood Lane, London is Hendon station which is 1.5 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 42A, Wood Lane, London, 36.0% of property is privately rented and 34.4% 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 42A, Wood Lane, London, 22.0% of residents are recorded as possessing school level qualifications and 41.6% 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 42A, Wood Lane, 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 42A, Wood Lane, London, 1.3% 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 42A, Wood Lane, London, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.