According to the public record, Flat 2, 163, Fernhead Road, London is a period leasehold apartment and with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 163, Fernhead Road, London, W9.
Fernhead Road, London, W9 is located in the borough of City of Westminster within the W9 postal district.
Flat 2, 163, Fernhead Road, London has a single entry in the Land Registry database from December 2014 and a single entry in the EPC database dated September 2014.
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 2 163 Fernhead Road London as £463,992 and the rental value as £2,202 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 2 163 Fernhead Road London has decreased by £4,536 (1.0%) and its rental value has increased by £52 per month (2.4%).
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, 163, Fernhead Road, London is in very good condition we estimate a sale value of £487,191 and rental value of £2,313 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £431,512 and a rental value of £2,048 per month.
If you were able to purchase this property for the estimated value of £463,992, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,280 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, 163, Fernhead Road, London was last sold on 17 Dec 2014 for £450,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2014, the market for similar properties has dropped 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 163, Fernhead Road, London within a radius of 65m over the last 2 years.
The most recent example is Second Floor Flat, 193, Ashmore Road, London, W9 3DB, a Leasehold flat which sold for £450,000 in Sep 2023.
Read more about house prices in W9.
Our network of Estate Agents report 2 lets of properties similar to Flat 2, 163, Fernhead Road, London within a radius of 117m over the last 2 years.
Most recently First Floor Flat, 219, Ashmore Road, London, W9 3DB, a flat let by Jorgensen Turner for an undisclosed amount in Apr 2022.
Fernhead Road, London, W9 has a total of 522 addresses. According to our analysis of all the public data, Flat 2, 163, Fernhead Road, London is the 249th largest and the 345th most expensive property on the street.
When compared to the postcode district it is £359k less expensive than the average property in W9.
Flat 2, 163, Fernhead Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Sep 2014.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, 163, Fernhead Road, London is Queens Park (London) 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 2, 163, Fernhead Road, London, 42.3% of property is socially rented and 31.4% 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 2, 163, Fernhead Road, London, 12.9% of residents are recorded as possessing school level qualifications and 55.8% 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, 163, Fernhead Road, London, the average age was 37.4 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 2, 163, Fernhead Road, London, 0.9% 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, 163, Fernhead Road, 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.