According to the public record, Flat 32, Eastlake House 41-59, London is a early-century leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Eastlake House, Frampton Street, London, NW8.
Frampton Street, London, NW8 is located in the borough of City of Westminster within the NW8 postal district.
Flat 32, Eastlake House 41-59, London has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated March 2021.
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 32 Eastlake House 41-59 London as £381,192 and the rental value as £1,877 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 32 Eastlake House 41-59 London has increased by £8,120 (2.1%) and its rental value has increased by £132 per month (7.0%).
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 32, Eastlake House 41-59, London is in very good condition we estimate a sale value of £400,252 and rental value of £1,971 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,509 and a rental value of £1,746 per month.
If you were able to purchase this property for the estimated value of £381,192, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,873 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 32, Eastlake House 41-59, London was last sold on 30 Jun 2022 for £408,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 32, Eastlake House 41-59, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 32, Orchardson House, Orchardson Street, London, NW8 8NN, a Leasehold flat which sold for £432,500 in Oct 2022.
Read more about house prices in NW8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 240 metres radius of Flat 32, Eastlake House 41-59, London over the last 2 years.
Most recently Flat 8, 85, Frampton Street, London, NW8 8NQ, a Leasehold flat let by Fine Living in Dec 2023.
Frampton Street, London, NW8 has a total of 322 addresses. According to our analysis of all the public data, Flat 32, Eastlake House 41-59, London is the 228th largest and the 216th most expensive property on the street.
When compared to the postcode district it is £908k less expensive than the average property in NW8.
Flat 32, Eastlake House 41-59, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2021.
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 32, Eastlake House 41-59, London is Edgware Road station which is 500 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 32, Eastlake House 41-59, London, 45.1% of property is socially rented and 30.2% 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 32, Eastlake House 41-59, London, 24.7% of residents are recorded as possessing school level qualifications and 43.4% 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 32, Eastlake House 41-59, London, the average age was 37 and the most common age was 22.
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 32, Eastlake House 41-59, London, 2.2% 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 32, Eastlake House 41-59, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.