According to the public record, 5A, Somali Road, London is a period leasehold apartment and with 990 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 5, Somali Road, London, NW2.
Somali Road, London, NW2 is located in the borough of Camden within the NW2 postal district.
5A, Somali Road, London has 21 entries in the Land Registry database, most recently in July 2015 and 2 entries in the EPC database, most recently in November 2014.
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 Somali Road London as £685,254 and the rental value as £2,793 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 5A Somali Road London has decreased by £13,437 (2.0%) and its rental value has increased by £53 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 5A, Somali Road, London is in very good condition we estimate a sale value of £719,516 and rental value of £2,933 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £637,286 and a rental value of £2,598 per month.
If you were able to purchase this property for the estimated value of £685,254, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,368 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, Somali Road, London was last sold on 28 Jul 2015 for £575,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2015, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5A, Somali Road, London within a radius of 136m over the last 2 years.
The most recent example is Flat 1, Tudor Mansions , Gondar Gardens, London, NW6 1EY, a Leasehold flat which sold for £735,000 in Jun 2023.
Read more about house prices in NW2.
Somali Road, London, NW2 has a total of 42 addresses. According to our analysis of all the public data, 5A, Somali Road, London is the 28th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £97k more expensive than the average property in NW2.
5A, Somali Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Nov 2014.
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 5A, Somali Road, London is Cricklewood 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, Somali Road, London, 38.2% of property is privately owned outright and 31.8% 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 5A, Somali Road, London, 14.7% of residents are recorded as possessing school level qualifications and 76.1% 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, Somali Road, London, the average age was 37.6 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 5A, Somali Road, London, 3.3% 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, Somali Road, London, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.