According to the public record, Flat 2, 1, Penfold Place, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 996 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1, Penfold Place, London, NW1.
Penfold Place, London, NW1 is located in the borough of City of Westminster within the NW1 postal district.
Flat 2, 1, Penfold Place, London has a single entry in the Land Registry database from June 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 2 1 Penfold Place London as £925,691 and the rental value as £4,019 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 2 1 Penfold Place London has increased by £1,311 (0.1%) and its rental value has increased by £168 per month (4.2%).
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 2, 1, Penfold Place, London is in very good condition we estimate a sale value of £971,976 and rental value of £4,219 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £860,893 and a rental value of £3,737 per month.
If you were able to purchase this property for the estimated value of £925,691, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,549 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 2, 1, Penfold Place, London was last sold on 19 Jun 2019 for £950,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2019, the market for similar properties has dropped 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 1, Penfold Place, London within a radius of 220 metres over the last 2 years.
The most recent example is Apartment 705, 4, Merchant Square East, London, W2 1AN, a Leasehold flat which sold for £1,030,000 in Nov 2020.
Read more about house prices in NW1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 220 metres radius of Flat 2, 1, Penfold Place, London over the last 2 years.
Most recently Apartment 910, Westmark Tower 1, Newcastle Place, London, W2 1EF, a Leasehold flat let by Saint Andrews Bureau in Aug 2023.
Penfold Place, London, NW1 has a total of 213 addresses. According to our analysis of all the public data, Flat 2, 1, Penfold Place, London is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £100k more expensive than the average property in NW1.
The closest station to Flat 2, 1, Penfold Place, London is Edgware Road station which is 100 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 2, 1, Penfold Place, London, 84.0% of property is privately rented and 7.7% 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 2, 1, Penfold Place, London, 24.8% of residents are recorded as possessing school level qualifications and 44.2% 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 2, 1, Penfold Place, London, the average age was 37 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 2, 1, Penfold Place, 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 2, 1, Penfold Place, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.