According to the public record, 5A, Lovat Close, London is a early-century leasehold apartment and with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 5, Lovat Close, London, NW2.
Lovat Close, London, NW2 is located in the borough of Brent within the NW2 postal district.
5A, Lovat Close, London has 41 entries in the Land Registry database, most recently in October 2019 and a single entry in the EPC database dated March 2019.
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 5A Lovat Close London as £360,120 and the rental value as £1,888 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 5A Lovat Close London has increased by £9,383 (2.6%) and its rental value has increased by £123 per month (6.5%).
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 5A, Lovat Close, London is in very good condition we estimate a sale value of £378,126 and rental value of £1,983 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £334,911 and a rental value of £1,756 per month.
If you were able to purchase this property for the estimated value of £360,120, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,770 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, 5A, Lovat Close, London was last sold on 25 Oct 2019 for £353,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2019, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5A, Lovat Close, London within a radius of 206m over the last 2 years.
The most recent example is 76A, Tanfield Avenue, London, NW2 7RT, a Leasehold flat which sold for £385,000 in Sep 2022.
Read more about house prices in NW2.
Lovat Close, London, NW2 has a total of 25 addresses. According to our analysis of all the public data, 5A, Lovat Close, London is the 10th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £228k less expensive than the average property in NW2.
5A, Lovat Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Mar 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 5A, Lovat Close, London is Neasden station which is 700 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 5A, Lovat Close, London, 41.4% of property is privately rented and 30.5% is privately owned outright.
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 5A, Lovat Close, London, 17.6% of residents are recorded as possessing school level qualifications and 36.6% 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 5A, Lovat Close, London, the average age was 36.5 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 5A, Lovat Close, London, 0.3% 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 5A, Lovat Close, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.