According to the public record, Flat 28, Palgrave House, London is a mid-century leasehold apartment and with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Palgrave House, Fleet Road, London, NW3.
Fleet Road, London, NW3 is located in the borough of Camden within the NW3 postal district.
Flat 28, Palgrave House, London has 3 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated September 2012.
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 28 Palgrave House London as £430,980 and the rental value as £1,863 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 28 Palgrave House London has decreased by £1,936 (0.4%) and its rental value has increased by £197 per month (10.6%).
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 28, Palgrave House, London is in very good condition we estimate a sale value of £452,529 and rental value of £1,956 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £400,811 and a rental value of £1,732 per month.
If you were able to purchase this property for the estimated value of £430,980, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,118 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 28, Palgrave House, London was last sold on 10 Nov 2020 for £460,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2020, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 28, Palgrave House, London within a radius of 93m over the last 2 years.
The most recent example is Flat 23, Palgrave House, Fleet Road, London, NW3 2QJ, a Leasehold flat which sold for £426,000 in Apr 2021.
Read more about house prices in NW3.
Fleet Road, London, NW3 has a total of 446 addresses. According to our analysis of all the public data, Flat 28, Palgrave House, London is the 212th largest and the 299th most expensive property on the street.
When compared to the postcode district it is £908k less expensive than the average property in NW3.
Flat 28, Palgrave House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Sep 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 28, Palgrave House, London is Belsize Park station which is 400 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 28, Palgrave House, London, 57.1% of property is socially rented and 16.2% 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 28, Palgrave House, London, 24.6% of residents are recorded as possessing school level qualifications and 52.1% 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 28, Palgrave House, London, the average age was 39.3 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 28, Palgrave House, London, 3.1% 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 28, Palgrave 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.