According to the public record, Flat 409, Addison House, London is a early-century leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Addison House, Grove End Road, London, NW8.
Grove End Road, London, NW8 is located in the borough of City of Westminster within the NW8 postal district.
Flat 409, Addison House, London has 2 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated August 2020.
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 409 Addison House London as £675,225 and the rental value as £3,242 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 409 Addison House London has decreased by £2,667 (0.4%) and its rental value has increased by £260 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 409, Addison House, London is in very good condition we estimate a sale value of £708,986 and rental value of £3,405 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £627,959 and a rental value of £3,015 per month.
If you were able to purchase this property for the estimated value of £675,225, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,319 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 409, Addison House, London was last sold on 30 Oct 2020 for £840,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2020, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 409, Addison House, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 211, Addison House, Grove End Road, London, NW8 9EJ, a Leasehold flat which sold for £752,500 in Jun 2024.
Read more about house prices in NW8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove End Road, London, NW8 has a total of 903 addresses. According to our analysis of all the public data, Flat 409, Addison House, London is the 326th largest and the 407th most expensive property on the street.
When compared to the postcode district it is £614k less expensive than the average property in NW8.
Flat 409, Addison House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 409, Addison House, London is St John's Wood 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 409, Addison House, London, 67.0% of property is privately rented and 17.4% 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 409, Addison House, London, 15.4% of residents are recorded as possessing school level qualifications and 79.5% 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 409, Addison House, London, the average age was 40.4 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 409, Addison House, London, 2.3% 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 409, Addison 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.