According to the public record, Basement Flat, 15, Richmond Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 866 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 15, Richmond Road, London, W5.
Richmond Road, London, W5 is located in the borough of Ealing within the W5 postal district.
Basement Flat, 15, Richmond Road, London has 2 entries in the Land Registry database, most recently in September 2021 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 Basement Flat 15 Richmond Road London as £592,735 and the rental value as £2,487 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Basement Flat 15 Richmond Road London has increased by £13,428 (2.3%) and its rental value has increased by £75 per month (3.0%).
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 Basement Flat, 15, Richmond Road, London is in very good condition we estimate a sale value of £622,372 and rental value of £2,612 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £551,244 and a rental value of £2,313 per month.
If you were able to purchase this property for the estimated value of £592,735, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,913 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, Basement Flat, 15, Richmond Road, London was last sold on 17 Sep 2021 for £615,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement Flat, 15, Richmond Road, London within a radius of 450 metres over the last 2 years.
The most recent example is Flat 4, Noel House, The Park, London, W5 5NJ, a Leasehold flat which sold for £642,500 in Jun 2023.
Read more about house prices in W5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 450 metres radius of Basement Flat, 15, Richmond Road, London over the last 2 years.
Most recently Flat S2, 12, Grange Park, London, W5 3PL, a Leasehold flat let by Jorgensen Turner in Jul 2023.
Richmond Road, London, W5 has a total of 51 addresses. According to our analysis of all the public data, Basement Flat, 15, Richmond Road, London is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in W5.
The closest station to Basement Flat, 15, Richmond Road, London is South Ealing station which is 700 metres 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 Basement Flat, 15, Richmond Road, London, 33.3% of property is privately owned outright and 29.7% is privately rented.
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 Basement Flat, 15, Richmond Road, London, 19.7% of residents are recorded as possessing school level qualifications and 67.8% 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 Basement Flat, 15, Richmond Road, London, the average age was 40 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 Basement Flat, 15, Richmond Road, London, 2.2% 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 Basement Flat, 15, Richmond Road, 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.