According to the public record, Flat 3, 48, Willoughby Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,045 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 48, Willoughby Road, London, NW3.
Willoughby Road, London, NW3 is located in the borough of Camden within the NW3 postal district.
Flat 3, 48, Willoughby Road, London has 51 entries in the Land Registry database, most recently in September 2014 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 3 48 Willoughby Road London as £1,296,428 and the rental value as £3,697 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of Flat 3 48 Willoughby Road London has decreased by £43,094 (3.3%) and its rental value has increased by £297 per month (8.0%).
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, 48, Willoughby Road, London is in very good condition we estimate a sale value of £1,361,249 and rental value of £3,882 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,205,678 and a rental value of £3,438 per month.
If you were able to purchase this property for the estimated value of £1,296,428, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,372 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, 48, Willoughby Road, London was last sold on 10 Sep 2014 for £1,410,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2014, the market for similar properties has dropped 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 48, Willoughby Road, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat E, 7, Denning Road, London, NW3 1ST, a Leasehold flat which sold for £1,485,000 in Sep 2022.
Read more about house prices in NW3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Willoughby Road, London, NW3 has a total of 90 addresses. According to our analysis of all the public data, Flat 3, 48, Willoughby Road, London is the 41st largest and the 38th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in NW3.
The closest station to Flat 3, 48, Willoughby Road, London is Hampstead station which is 400 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 3, 48, Willoughby Road, London, 50.0% of property is privately rented and 31.6% 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 3, 48, Willoughby Road, London, 21.3% of residents are recorded as possessing school level qualifications and 83.2% 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 3, 48, Willoughby Road, London, the average age was 42.3 and the most common age was 47.
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, 48, Willoughby Road, London, 3.9% 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 3, 48, Willoughby Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.