As updated by Jorgensen Turner in Nov 2023, Flat 12, Remsted House, London is a share of freehold apartment with 643 ft2 of internal area comprising 2 bedrooms with a balcony.
The apartment is in Remsted House, Mortimer Crescent, London, NW6.
Mortimer Crescent, London, NW6 is located in the borough of Camden within the NW6 postal district.
Based on both the data supplied by Jorgensen Turner and the public information available in the area, we estimate the current sale value for Flat 12 Remsted House London as £411,544 and the rental value as £1,959 per month giving an expected gross yield of 5.7%.
Jorgensen Turner described the decorative condition as fair in Nov 2023.
Over the last 12 months the sale value of Flat 12 Remsted House London has decreased by £6,332 (1.5%) and its rental value has increased by £52 per month (2.6%).
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 12, Remsted House, London is in very good condition we estimate a sale value of £432,121 and rental value of £2,057 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,736 and a rental value of £1,822 per month.
If you were able to purchase this property for the estimated value of £411,544, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,023 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 12, Remsted House, London was last sold on 06 Dec 2002 for £181,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to Jorgensen Turner , Flat 12, Remsted House, London was let once since 2021 with the latest being in Jan 2024 for an undisclosed price.
Since Jan 2024, the market values of similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, Remsted House, London within a radius of 144m over the last 2 years.
The most recent example is Flat 74, Kilburn Gate, Kilburn Priory, London, NW6 5UX, a Leasehold flat which sold for £465,000 in May 2024.
Read more about house prices in NW6.
Our network of Estate Agents report 1 let of a property similar to Flat 12, Remsted House, London within a radius of 249m over the last 2 years.
Most recently 28A, Cambridge Avenue, London, NW6 5BA, a Leasehold flat let by Jorgensen Turner for an undisclosed amount in Mar 2024.
Mortimer Crescent, London, NW6 has a total of 325 addresses. According to our analysis of all the public data, Flat 12, Remsted House, London is the 94th largest and the 100th most expensive property on the street.
When compared to the postcode district it is £309k less expensive than the average property in NW6.
Flat 12, Remsted House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Dec 2020.
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 Flat 12, Remsted House, London is Kilburn High Road station which is 100 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 12, Remsted House, London, 91.3% of property is socially rented and 6.4% 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 Flat 12, Remsted House, London, 14.4% of residents are recorded as possessing school level qualifications and 30.4% 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 12, Remsted House, London, the average age was 37.1 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 12, Remsted House, 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 Flat 12, Remsted House, London, there are an average of 0.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.