According to the public record, 6D, Lechmere Road, London is a period leasehold apartment and with 195 ft2 of internal area.
Apartments of this size in this area are normally studios.
The apartment is in 6, Lechmere Road, London, NW2.
Lechmere Road, London, NW2 is located in the borough of Brent within the NW2 postal district.
6D, Lechmere Road, London has a single entry in the Land Registry database from August 2022 and 2 entries in the EPC database, most recently in January 2012.
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 6D Lechmere Road London as £398,625 and the rental value as £1,723 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 6D Lechmere Road London has increased by £13,311 (3.3%) and its rental value has increased by £118 per month (6.8%).
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 6D, Lechmere Road, London is in very good condition we estimate a sale value of £418,557 and rental value of £1,809 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,722 and a rental value of £1,602 per month.
If you were able to purchase this property for the estimated value of £398,625, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,959 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, 6D, Lechmere Road, London was last sold on 19 Aug 2022 for £400,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 11m radius of 6D, Lechmere Road, London over the last 2 years.
The most recent example is Flat 5, Wyncliffe Mansions 4, Lechmere Road, London, NW2 5BY, a Leasehold flat which sold for £317,800 in Jan 2021.
Read more about house prices in NW2.
Our network of Estate Agents report 1 let within a 211m radius of 6D, Lechmere Road, London over the last 2 years.
Most recently 47B , High Road, London, NW10 2TE, a flat let by Jorgensen Turner for an undisclosed amount in Jan 2021.
Lechmere Road, London, NW2 has a total of 92 addresses. According to our analysis of all the public data, 6D, Lechmere Road, London is the 91st largest and the 71st most expensive property on the street.
When compared to the postcode district it is £189k less expensive than the average property in NW2.
6D, Lechmere Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jan 2012.
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 6D, Lechmere Road, 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 6D, Lechmere Road, London, 46.0% of property is privately rented and 21.0% 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 6D, Lechmere Road, London, 20.5% of residents are recorded as possessing school level qualifications and 49.6% 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 6D, Lechmere Road, London, the average age was 36.9 and the most common age was 32.
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 6D, Lechmere Road, London, 0.5% 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 6D, Lechmere Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.