According to the public record, Flat 2, Albermarle Mansions, London is a period leasehold apartment and with 850 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Albermarle Mansions, Heath Drive, London, NW3.
Heath Drive, London, NW3 is located in the borough of Camden within the NW3 postal district.
Flat 2, Albermarle Mansions, London has 51 entries in the Land Registry database, most recently in August 2012 and 2 entries in the EPC database, most recently in August 2023.
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 Albermarle Mansions London as £645,285 and the rental value as £2,708 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 2 Albermarle Mansions London has increased by £327 (0.1%) and its rental value has increased by £239 per month (8.8%).
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, Albermarle Mansions, London is in very good condition we estimate a sale value of £677,549 and rental value of £2,843 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £600,115 and a rental value of £2,518 per month.
If you were able to purchase this property for the estimated value of £645,285, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,171 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, Albermarle Mansions, London was last sold on 10 Aug 2012 for £532,600 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Aug 2012, the market for similar properties has risen 29.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Albermarle Mansions, London within a radius of 263m over the last 2 years.
The most recent example is Flat 14B, Alexandra Mansions 347, West End Lane, London, NW6 1LU, a Leasehold flat which sold for £625,000 in Jun 2023.
Read more about house prices in NW3.
Heath Drive, London, NW3 has a total of 144 addresses. According to our analysis of all the public data, Flat 2, Albermarle Mansions, London is the 119th largest and the 126th most expensive property on the street.
When compared to the postcode district it is £694k less expensive than the average property in NW3.
Flat 2, Albermarle Mansions, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2023.
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, Albermarle Mansions, London is West Hampstead Thameslink station which is 700 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, Albermarle Mansions, London, 39.0% of property is privately rented and 19.9% is privately owned outright.
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, Albermarle Mansions, London, 21.9% of residents are recorded as possessing school level qualifications and 59.8% 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, Albermarle Mansions, London, the average age was 39.5 and the most common age was 42.
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, Albermarle Mansions, London, 4.5% 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, Albermarle Mansions, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.