According to the public record, Flat 18B, The Elms, London is a mid-century leasehold apartment and with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in The Elms, Nicoll Road, London, NW10.
Nicoll Road, London, NW10 is located in the borough of Brent within the NW10 postal district.
Flat 18B, The Elms, London has a single entry in the Land Registry database from March 2019 and a single entry in the EPC database dated August 2018.
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 18B The Elms London as £341,656 and the rental value as £1,951 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 18B The Elms London has decreased by £2,111 (0.6%) and its rental value has increased by £89 per month (4.6%).
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 18B, The Elms, London is in very good condition we estimate a sale value of £358,739 and rental value of £2,048 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,740 and a rental value of £1,814 per month.
If you were able to purchase this property for the estimated value of £341,656, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,679 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 18B, The Elms, London was last sold on 28 Mar 2019 for £350,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2019, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18B, The Elms, London within a radius of 0m over the last 2 years.
The most recent example is Flat 10, The Elms, Nicoll Road, London, NW10 9AA, a Leasehold flat which sold for £210,000 in Sep 2022.
Read more about house prices in NW10.
Nicoll Road, London, NW10 has a total of 242 addresses. According to our analysis of all the public data, Flat 18B, The Elms, London is the 129th largest and the 124th most expensive property on the street.
When compared to the postcode district it is £191k less expensive than the average property in NW10.
Flat 18B, The Elms, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Aug 2018.
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 18B, The Elms, London is Harlesden station which is 200 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 18B, The Elms, London, 43.1% of property is privately rented and 41.0% 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 18B, The Elms, London, 28.1% of residents are recorded as possessing school level qualifications and 32.0% 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 Flat 18B, The Elms, London, the average age was 36.2 and the most common age was 52.
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 18B, The Elms, London, 0.6% 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 18B, The Elms, 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.