According to the public record, Flat 1, 113, Walm Lane, London is a period leasehold apartment and with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 113, Walm Lane, London, NW2.
Walm Lane, London, NW2 is located in the borough of Brent within the NW2 postal district.
Flat 1, 113, Walm Lane, London has 41 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated July 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 Flat 1 113 Walm Lane London as £515,383 and the rental value as £2,591 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 1 113 Walm Lane London has decreased by £8,427 (1.6%) and its rental value has increased by £40 per month (1.6%).
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 Flat 1, 113, Walm Lane, London is in very good condition we estimate a sale value of £541,152 and rental value of £2,721 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £479,306 and a rental value of £2,410 per month.
If you were able to purchase this property for the estimated value of £515,383, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,533 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, Flat 1, 113, Walm Lane, London was last sold on 21 Jan 2022 for £530,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2022, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 113, Walm Lane, London within a radius of 294m over the last 2 years.
The most recent example is Flat 5, York Mansions 44-46, Chichele Road, London, NW2 3DE, a Leasehold flat which sold for £525,000 in Apr 2024.
Read more about house prices in NW2.
Our network of Estate Agents report 1 let within a 338m radius of Flat 1, 113, Walm Lane, 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.
Walm Lane, London, NW2 has a total of 677 addresses. According to our analysis of all the public data, Flat 1, 113, Walm Lane, London is the 173rd largest and the 217th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in NW2.
Flat 1, 113, Walm Lane, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Jul 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to Flat 1, 113, Walm Lane, London is Willesden Green 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 Flat 1, 113, Walm Lane, London, 56.9% of property is privately rented and 26.2% is socially 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 Flat 1, 113, Walm Lane, London, 18.6% of residents are recorded as possessing school level qualifications and 43.2% 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 Flat 1, 113, Walm Lane, London, the average age was 37.8 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 Flat 1, 113, Walm Lane, London, 0.7% 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 Flat 1, 113, Walm Lane, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.