As updated by Jorgensen Turner in Jan 2022, Flat 5, Kingsgate House 2-8, London is a modern 988 year lease apartment with 1,034 ft2 of internal area comprising 2 bedrooms .
There are 988 years remaining on the lease.
The apartment is in Kingsgate House, Kingsgate Place, London, NW6.
Kingsgate Place, London, NW6 is located in the borough of Camden within the NW6 postal district.
Based on both the data supplied by Jorgensen Turner and the public information available in the area, we estimate the current sale value for Flat 5 Kingsgate House 2-8 London as £553,930 and the rental value as £2,490 per month giving an expected gross yield of 5.4%.
Jorgensen Turner described the decorative condition as fair in Jan 2022.
Over the last 12 months the sale value of Flat 5 Kingsgate House 2-8 London has decreased by £1,347 (0.2%) and its rental value has increased by £92 per month (3.7%).
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 5, Kingsgate House 2-8, London is in very good condition we estimate a sale value of £581,626 and rental value of £2,615 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £515,155 and a rental value of £2,316 per month.
If you were able to purchase this property for the estimated value of £553,930, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,722 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 Jorgensen Turner and HM Land Registry, Flat 5, Kingsgate House 2-8, London was last sold on 24 Jun 2022 for £605,000 and was recorded as a leasehold flat.
The selling agent was Jorgensen Turner. The property has had 2 sales since 1995.
Since Jun 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 5, Kingsgate House 2-8, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 4, Kingsgate House 2-8, Kingsgate Place, London, NW6 4TA, a Leasehold flat which sold for £641,500 in Nov 2019.
Read more about house prices in NW6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to Flat 5, Kingsgate House 2-8, London within a radius of 230 metres over the last 2 years.
Most recently Flat 3, 3, Quex Road, London, NW6 4QE, a flat let by Jorgensen Turner in Aug 2021.
Kingsgate Place, London, NW6 has a total of 60 addresses. According to our analysis of all the public data, Flat 5, Kingsgate House 2-8, London is the 9th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in NW6.
Flat 5, Kingsgate House 2-8, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 5, Kingsgate House 2-8, London is Kilburn High Road 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 5, Kingsgate House 2-8, London, 43.5% of property is privately rented and 38.4% 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 5, Kingsgate House 2-8, London, 19.9% of residents are recorded as possessing school level qualifications and 43.0% 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 5, Kingsgate House 2-8, London, the average age was 36.1 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 5, Kingsgate House 2-8, London, 1.0% 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 5, Kingsgate House 2-8, 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.