According to the public record, Flat 5, Salcombe Lodge 1, London is a mid-century leasehold apartment and with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Salcombe Lodge, Lissenden Gardens, London, NW5.
Lissenden Gardens, London, NW5 is located in the borough of Camden within the NW5 postal district.
Flat 5, Salcombe Lodge 1, London has a single entry in the Land Registry database from July 2020 and a single entry in the EPC database dated February 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 5 Salcombe Lodge 1 London as £658,180 and the rental value as £2,966 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 5 Salcombe Lodge 1 London has decreased by £7,598 (1.2%) and its rental value has increased by £171 per month (5.8%).
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, Salcombe Lodge 1, London is in very good condition we estimate a sale value of £691,089 and rental value of £3,114 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £612,107 and a rental value of £2,758 per month.
If you were able to purchase this property for the estimated value of £658,180, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,235 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 5, Salcombe Lodge 1, London was last sold on 17 Jul 2020 for £327,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2020, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Salcombe Lodge 1, London within a radius of 181m over the last 2 years.
The most recent example is Flat 15, Haddo House, Highgate Road, London, NW5 1PX, a Leasehold flat which sold for £570,000 in Mar 2023.
Read more about house prices in NW5.
Lissenden Gardens, London, NW5 has a total of 298 addresses. According to our analysis of all the public data, Flat 5, Salcombe Lodge 1, London is the 179th largest and the 228th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in NW5.
Flat 5, Salcombe Lodge 1, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Feb 2020.
The property is connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to Flat 5, Salcombe Lodge 1, London is Gospel Oak station which is 100 m 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, Salcombe Lodge 1, London, 33.9% of property is privately owned outright and 23.5% 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, Salcombe Lodge 1, London, 17.0% of residents are recorded as possessing school level qualifications and 57.3% 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, Salcombe Lodge 1, London, the average age was 41.8 and the most common age was 52.
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, Salcombe Lodge 1, London, 5.3% 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 5, Salcombe Lodge 1, 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.