According to the public record, 83A , Somerton Road, London is a early-century leasehold apartment and with 857 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 83, Somerton Road, London, NW2.
Somerton Road, London, NW2 is located in the borough of Barnet within the NW2 postal district.
83A , Somerton Road, London has 3 entries in the Land Registry database, most recently in April 2017 and a single entry in the EPC database dated June 2009.
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 83A Somerton Road London as £440,730 and the rental value as £2,306 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 83A Somerton Road London has increased by £2,103 (0.5%) and its rental value has increased by £79 per month (3.4%).
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 83A , Somerton Road, London is in very good condition we estimate a sale value of £462,767 and rental value of £2,421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £409,879 and a rental value of £2,145 per month.
If you were able to purchase this property for the estimated value of £440,730, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,166 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, 83A , Somerton Road, London was last sold on 12 Apr 2017 for £500,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2017, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 83A , Somerton Road, London within a radius of 272m over the last 2 years.
The most recent example is Flat 26, Coleby House 2, Woodley Crescent, London, NW2 2DL, a Leasehold flat which sold for £527,000 in Dec 2023.
Read more about house prices in NW2.
Somerton Road, London, NW2 has a total of 94 addresses. According to our analysis of all the public data, 83A , Somerton Road, London is the 41st largest and the 49th most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in NW2.
83A , Somerton Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jun 2009.
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 83A , Somerton Road, London is Cricklewood station which is 400 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 83A , Somerton Road, London, 44.1% of property is privately rented and 27.6% 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 83A , Somerton Road, London, 25.5% of residents are recorded as possessing school level qualifications and 48.3% 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 83A , Somerton Road, London, the average age was 37.5 and the most common age was 37.
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 83A , Somerton Road, London, 0.8% 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 83A , Somerton Road, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.