According to the public record, Flat 35, Wallace Court 300-308, London is a early-century leasehold apartment with 529 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Wallace Court, Old Marylebone Road, London, NW1.
Old Marylebone Road, London, NW1 is located in the borough of City of Westminster within the NW1 postal district.
Flat 35, Wallace Court 300-308, London has 2 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated March 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 35 Wallace Court 300-308 London as £510,410 and the rental value as £2,634 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 35 Wallace Court 300-308 London has increased by £2,495 (0.5%) and its rental value has increased by £145 per month (5.5%).
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 35, Wallace Court 300-308, London is in very good condition we estimate a sale value of £535,930 and rental value of £2,765 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £474,681 and a rental value of £2,449 per month.
If you were able to purchase this property for the estimated value of £510,410, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,509 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 35, Wallace Court 300-308, London was last sold on 15 Dec 2020 for £521,550 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 35, Wallace Court 300-308, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 8, Wallace Court 300-308, Old Marylebone Road, London, NW1 5RH, a Leasehold flat which sold for £959,000 in Nov 2016.
Read more about house prices in NW1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 230 metres radius of Flat 35, Wallace Court 300-308, London over the last 2 years.
Most recently Flat 50, Cambridge Court, Sussex Gardens, London, W2 1EX, a Leasehold flat let by Saint Andrews Bureau in Nov 2022.
Old Marylebone Road, London, NW1 has a total of 153 addresses. According to our analysis of all the public data, Flat 35, Wallace Court 300-308, London is the 109th largest and the 108th most expensive property on the street.
When compared to the postcode district it is £316k less expensive than the average property in NW1.
Flat 35, Wallace Court 300-308, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Mar 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to Flat 35, Wallace Court 300-308, London is Edgware Road station which is 100 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 35, Wallace Court 300-308, London, 51.1% of property is privately rented and 22.2% 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 35, Wallace Court 300-308, London, 23.7% of residents are recorded as possessing school level qualifications and 60.6% 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 35, Wallace Court 300-308, 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 35, Wallace Court 300-308, London, 1.5% 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 35, Wallace Court 300-308, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.