According to the public record, Flat 3, 250, Willesden Lane, London is a period leasehold apartment and with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 250, Willesden Lane, London, NW2.
Willesden Lane, London, NW2 is located in the borough of Brent within the NW2 postal district.
Flat 3, 250, Willesden Lane, London has 31 entries in the Land Registry database, most recently in August 2022 and 2 entries in the EPC database, most recently in April 2022.
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 3 250 Willesden Lane London as £482,419 and the rental value as £2,044 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 3 250 Willesden Lane London has increased by £2,934 (0.6%) and its rental value has increased by £81 per month (4.0%).
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 3, 250, Willesden Lane, London is in very good condition we estimate a sale value of £506,540 and rental value of £2,146 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,650 and a rental value of £1,901 per month.
If you were able to purchase this property for the estimated value of £482,419, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,371 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 3, 250, Willesden Lane, London was last sold on 18 Aug 2022 for £500,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 250, Willesden Lane, London within a radius of 147m over the last 2 years.
The most recent example is Flat C, 151, Chatsworth Road, London, NW2 5QT, a Leasehold flat which sold for £508,500 in Jul 2023.
Read more about house prices in NW2.
Our network of Estate Agents report 2 lets within a 393m radius of Flat 3, 250, Willesden Lane, London over the last 2 years.
Most recently 32C , Brondesbury Park, London, NW6 7DN, a Leasehold flat let by Jorgensen Turner for an undisclosed amount in Jan 2022.
Willesden Lane, London, NW2 has a total of 440 addresses. According to our analysis of all the public data, Flat 3, 250, Willesden Lane, London is the 246th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in NW2.
Flat 3, 250, Willesden Lane, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Apr 2022.
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 3, 250, Willesden Lane, London is Willesden Green 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 3, 250, Willesden Lane, London, 49.5% of property is privately rented and 20.6% 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 3, 250, Willesden Lane, London, 20.9% of residents are recorded as possessing school level qualifications and 63.8% 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 3, 250, Willesden Lane, London, the average age was 37.8 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 3, 250, Willesden Lane, London, 3.6% 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 3, 250, Willesden Lane, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.