According to the public record, Flat 54, Parade Mansions, London is a early-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Parade Mansions, Watford Way, London, NW4.
Watford Way, London, NW4 is located in the borough of Barnet within the NW4 postal district.
Flat 54, Parade Mansions, London has a single entry in the Land Registry database from December 2022 and a single entry in the EPC database dated June 2022.
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 54 Parade Mansions London as £311,040 and the rental value as £1,538 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 54 Parade Mansions London has increased by £4,372 (1.4%) and its rental value has increased by £54 per month (3.5%).
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 54, Parade Mansions, London is in very good condition we estimate a sale value of £326,592 and rental value of £1,615 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,267 and a rental value of £1,431 per month.
If you were able to purchase this property for the estimated value of £311,040, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,529 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 54, Parade Mansions, London was last sold on 05 Dec 2022 for £340,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 54, Parade Mansions, London within a radius of 470 metres over the last 2 years.
The most recent example is Flat 33, Parade Mansions, Watford Way, London, NW4 3JJ, a Leasehold flat which sold for £290,000 in Apr 2022.
Read more about house prices in NW4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watford Way, London, NW4 has a total of 585 addresses. According to our analysis of all the public data, Flat 54, Parade Mansions, London is the 323rd largest and the 378th most expensive property on the street.
When compared to the postcode district it is £343k less expensive than the average property in NW4.
Flat 54, Parade Mansions, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 54, Parade Mansions, London is Hendon Central 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 54, Parade Mansions, London, 43.4% of property is privately owned with a mortgage and 36.9% 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 54, Parade Mansions, London, 40.1% of residents are recorded as possessing school level qualifications and 58.6% 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 54, Parade Mansions, London, the average age was 34.2 and the most common age was 32.
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 54, Parade Mansions, London, 0.8% 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 54, Parade Mansions, London, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.