According to the public record, Flat 15, Electric House 298, London is a modern leasehold apartment and with 818 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Electric House, Willesden Lane, London, NW2.
Willesden Lane, London, NW2 is located in the borough of Brent within the NW2 postal district.
Flat 15, Electric House 298, London has a single entry in the Land Registry database from December 2019 and a single entry in the EPC database dated September 2015.
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 15 Electric House 298 London as £524,149 and the rental value as £2,458 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 15 Electric House 298 London has decreased by £10,580 (2.0%) and its rental value has increased by £30 per month (1.2%).
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 Flat 15, Electric House 298, London is in very good condition we estimate a sale value of £550,356 and rental value of £2,581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £487,458 and a rental value of £2,286 per month.
If you were able to purchase this property for the estimated value of £524,149, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,576 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 15, Electric House 298, London was last sold on 09 Dec 2019 for £535,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2019, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, Electric House 298, London within a radius of 150m over the last 2 years.
The most recent example is 3, Springhill House 249, Willesden Lane, London, NW2 5DG, a Leasehold flat which sold for £380,000 in Jun 2024.
Read more about house prices in NW2.
Our network of Estate Agents report 1 let within a 217m radius of Flat 15, Electric House 298, 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.
Willesden Lane, London, NW2 has a total of 440 addresses. According to our analysis of all the public data, Flat 15, Electric House 298, London is the 117th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in NW2.
Flat 15, Electric House 298, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Sep 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 15, Electric House 298, London is Willesden Green station which is 300 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 15, Electric House 298, London, 30.3% of property is privately rented and 29.8% 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 15, Electric House 298, London, 11.8% of residents are recorded as possessing school level qualifications and 49.2% 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 15, Electric House 298, 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 Flat 15, Electric House 298, London, 1.2% 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 15, Electric House 298, 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.