According to the public record, 133B , Melrose Avenue, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 621 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 133, Melrose Avenue, London, NW2.
Melrose Avenue, London, NW2 is located in the borough of Brent within the NW2 postal district.
133B , Melrose Avenue, London has a single entry in the Land Registry database from June 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 133B Melrose Avenue London as £439,508 and the rental value as £1,951 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 133B Melrose Avenue London has increased by £6,825 (1.6%) and its rental value has increased by £90 per month (4.6%).
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 133B , Melrose Avenue, London is in very good condition we estimate a sale value of £461,484 and rental value of £2,048 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £408,743 and a rental value of £1,814 per month.
If you were able to purchase this property for the estimated value of £439,508, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,160 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, 133B , Melrose Avenue, London was last sold on 17 Jun 2022 for £471,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 133B , Melrose Avenue, London within a radius of 194m over the last 2 years.
The most recent example is 97C , Melrose Avenue, London, NW2 4LX, a Leasehold flat which sold for £413,000 in May 2024.
Read more about house prices in NW2.
Our network of Estate Agents report 1 let within a 244m radius of 133B , Melrose Avenue, London over the last 2 years.
Most recently 7B , James Avenue, London, NW2 4AJ, a Leasehold flat let by Collinson Hall for an undisclosed amount in Dec 2023.
Melrose Avenue, London, NW2 has a total of 488 addresses. According to our analysis of all the public data, 133B , Melrose Avenue, London is the 307th largest and the 311th most expensive property on the street.
When compared to the postcode district it is £148k less expensive than the average property in NW2.
The closest station to 133B , Melrose Avenue, London is Willesden Green station which is 600 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 133B , Melrose Avenue, London, 34.4% of property is privately rented and 33.1% 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 133B , Melrose Avenue, London, 17.6% of residents are recorded as possessing school level qualifications and 64.6% 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 133B , Melrose Avenue, London, the average age was 38.3 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 133B , Melrose Avenue, London, 0.0% 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 133B , Melrose Avenue, 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.