According to the public record, First Floor Flat, 6, Nugent Terrace, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 637 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 6, Nugent Terrace, London, NW8.
Nugent Terrace, London, NW8 is located in the borough of City of Westminster within the NW8 postal district.
First Floor Flat, 6, Nugent Terrace, London has a single entry in the Land Registry database from May 2010 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 First Floor Flat 6 Nugent Terrace London as £768,406 and the rental value as £3,140 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of First Floor Flat 6 Nugent Terrace London has decreased by £4,851 (0.6%) and its rental value has increased by £240 per month (7.6%).
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 First Floor Flat, 6, Nugent Terrace, London is in very good condition we estimate a sale value of £806,826 and rental value of £3,297 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £714,617 and a rental value of £2,920 per month.
If you were able to purchase this property for the estimated value of £768,406, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,776 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, First Floor Flat, 6, Nugent Terrace, London was last sold on 28 May 2010 for £375,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2010, the market for similar properties has risen 35.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to First Floor Flat, 6, Nugent Terrace, London within a radius of 223m over the last 2 years.
The most recent example is Flat 11A, Abercorn Mansions 17, Abercorn Place, London, NW8 9DY, a Leasehold flat which sold for £750,000 in May 2022.
Read more about house prices in NW8.
Nugent Terrace, London, NW8 has a total of 28 addresses. According to our analysis of all the public data, First Floor Flat, 6, Nugent Terrace, London is the 26th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £521k less expensive than the average property in NW8.
The closest station to First Floor Flat, 6, Nugent Terrace, London is Maida Vale station which is 400 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 First Floor Flat, 6, Nugent Terrace, London, 51.1% of property is privately rented and 25.8% 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 First Floor Flat, 6, Nugent Terrace, London, 18.6% of residents are recorded as possessing school level qualifications and 66.0% 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 First Floor Flat, 6, Nugent Terrace, London, the average age was 36.8 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 First Floor Flat, 6, Nugent Terrace, London, 8.7% 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 First Floor Flat, 6, Nugent Terrace, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.