According to the public record, Flat 15, Morland House, London is a early-century leasehold apartment with 313 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Morland House, Cranleigh Street, London, NW1.
Cranleigh Street, London, NW1 is located in the borough of Camden within the NW1 postal district.
Flat 15, Morland House, London has a single entry in the Land Registry database from September 2015 and a single entry in the EPC database dated August 2009.
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 Morland House London as £286,368 and the rental value as £1,655 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 15 Morland House London has decreased by £705 (0.2%) and its rental value has increased by £117 per month (7.1%).
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, Morland House, London is in very good condition we estimate a sale value of £300,687 and rental value of £1,737 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,323 and a rental value of £1,539 per month.
If you were able to purchase this property for the estimated value of £286,368, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,407 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, Morland House, London was last sold on 03 Sep 2015 for £385,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2015, the market for similar properties has dropped 9.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, Morland House, London within a radius of 160 metres over the last 2 years.
The most recent example is Flat 52, Cranleigh House, Cranleigh Street, London, NW1 1NT, a Leasehold flat which sold for £349,950 in Jun 2017.
Read more about house prices in NW1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranleigh Street, London, NW1 has a total of 151 addresses. According to our analysis of all the public data, Flat 15, Morland House, London is the 149th largest and the 149th most expensive property on the street.
When compared to the postcode district it is £540k less expensive than the average property in NW1.
Flat 15, Morland House, London has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 10 Aug 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a community scheme.
The closest station to Flat 15, Morland House, London is Mornington Crescent station which is 300 metres 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, Morland House, London, 91.7% of property is socially rented and 6.3% 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 15, Morland House, London, 27.3% of residents are recorded as possessing school level qualifications and 30.6% 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 Flat 15, Morland House, London, the average age was 33.5 and the most common age was 22.
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, Morland 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 15, Morland House, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.