As updated by Saint Andrews Bureau in Aug 2024, Apartment 37, 30, Lodge Road, London is a modern share of freehold apartment with 785 ft2 of internal area comprising 2 bedrooms with a balcony.
The apartment is in 30, Lodge Road, London, NW8.
Lodge Road, London, NW8 is located in the borough of City of Westminster within the NW8 postal district.
Based on both the data supplied by Saint Andrews Bureau and the public information available in the area, we estimate the current sale value for Apartment 37 30 Lodge Road London as £1,387,453 and the rental value as £5,039 per month giving an expected gross yield of 4.4%.
Saint Andrews Bureau described the decorative condition as good in Aug 2024.
Over the last 12 months the sale value of Apartment 37 30 Lodge Road London has decreased by £24,325 (1.8%) and its rental value has increased by £317 per month (6.3%).
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 Apartment 37, 30, Lodge Road, London is in very good condition we estimate a sale value of £1,456,826 and rental value of £5,290 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,290,332 and a rental value of £4,686 per month.
If you were able to purchase this property for the estimated value of £1,387,453, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,819 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, Apartment 37, 30, Lodge Road, London was last sold on 07 May 2019 for £1,504,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2019, the market for similar properties has dropped 1.7%
According to Saint Andrews Bureau , Apartment 37, 30, Lodge Road, London was let once since 2021 with the latest being in May 2023 for an undisclosed price.
Since May 2023, the market values of similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 37, 30, Lodge Road, London within a radius of 149m over the last 2 years.
The most recent example is Flat 15, Beverly House 133, Park Road, London, NW8 7JD, a Leasehold flat which sold for £695,000 in Sep 2021.
Read more about house prices in NW8.
Our network of Estate Agents report 1 let of a property similar to Apartment 37, 30, Lodge Road, London within a radius of 49m over the last 2 years.
Most recently Apartment 24, 60, St. Johns Wood Road, London, NW8 7HN, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in Apr 2023.
Lodge Road, London, NW8 has a total of 253 addresses. According to our analysis of all the public data, Apartment 37, 30, Lodge Road, London is the 36th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £98k more expensive than the average property in NW8.
Apartment 37, 30, Lodge Road, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Jan 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Apartment 37, 30, Lodge Road, London is St John's Wood 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 Apartment 37, 30, Lodge Road, London, 55.1% of property is privately rented and 29.5% 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 Apartment 37, 30, Lodge Road, London, 29.9% of residents are recorded as possessing school level qualifications and 75.3% 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 Apartment 37, 30, Lodge Road, London, the average age was 40.4 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 Apartment 37, 30, Lodge Road, London, 3.2% 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 Apartment 37, 30, Lodge Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.