According to the public record, 3C , Mornington Crescent, London is a period leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 3, Mornington Crescent, London, NW1.
Mornington Crescent, London, NW1 is located in the borough of Camden within the NW1 postal district.
3C , Mornington Crescent, London has a single entry in the Land Registry database from March 2020 and a single entry in the EPC database dated June 2021.
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 3C Mornington Crescent London as £367,256 and the rental value as £2,002 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 3C Mornington Crescent London has decreased by £1,299 (0.4%) and its rental value has increased by £145 per month (7.2%).
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 3C , Mornington Crescent, London is in very good condition we estimate a sale value of £385,619 and rental value of £2,102 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £341,548 and a rental value of £1,862 per month.
If you were able to purchase this property for the estimated value of £367,256, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,805 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, 3C , Mornington Crescent, London was last sold on 25 Mar 2020 for £380,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2020, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3C , Mornington Crescent, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 4, 30, Mornington Crescent, London, NW1 7RE, a Leasehold flat which sold for £397,500 in Jul 2023.
Read more about house prices in NW1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mornington Crescent, London, NW1 has a total of 176 addresses. According to our analysis of all the public data, 3C , Mornington Crescent, London is the 121st largest and the 115th most expensive property on the street.
When compared to the postcode district it is £459k less expensive than the average property in NW1.
3C , Mornington Crescent, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jun 2021.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to 3C , Mornington Crescent, London is Mornington Crescent station which is 200 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 3C , Mornington Crescent, London, 50.0% of property is socially rented and 24.1% 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 3C , Mornington Crescent, London, 22.8% of residents are recorded as possessing school level qualifications and 41.9% 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 3C , Mornington Crescent, London, the average age was 36.2 and the most common age was 22.
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 3C , Mornington Crescent, 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 3C , Mornington Crescent, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.