As updated by Jorgensen Turner in May 2023, Flat 7, Addison Court , London is a period apartment with 679 ft2 of internal area comprising 2 bedrooms .
The apartment is in Addison Court, Brondesbury Road, London, NW6.
Brondesbury Road, London, NW6 is located in the borough of Brent 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 7 Addison Court London as £500,558 and the rental value as £2,199 per month giving an expected gross yield of 5.3%.
Jorgensen Turner described the decorative condition as fair in May 2023.
Over the last 12 months the sale value of Flat 7 Addison Court London has decreased by £5,646 (1.1%) and its rental value has increased by £61 per month (2.8%).
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 7, Addison Court , London is in very good condition we estimate a sale value of £525,586 and rental value of £2,309 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £465,519 and a rental value of £2,045 per month.
If you were able to purchase this property for the estimated value of £500,558, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,460 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 , Flat 7, Addison Court , London was let once since 2021 with the latest being in Nov 2021 for an undisclosed price.
Since Nov 2021, the market values of similar properties has risen 25%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Addison Court , London within a radius of 57m over the last 2 years.
The most recent example is Flat D, 2, Brondesbury Villas, London, NW6 6AA, a Leasehold flat which sold for £550,000 in May 2024.
Read more about house prices in NW6.
Our network of Estate Agents report 3 lets of properties similar to Flat 7, Addison Court , London within a radius of 93m over the last 2 years.
Most recently Flat 5, Addison Court , Brondesbury Road, London, NW6 6AS, a Leasehold flat let by Jorgensen Turner for an undisclosed amount in Jul 2023.
Brondesbury Road, London, NW6 has a total of 628 addresses. According to our analysis of all the public data, Flat 7, Addison Court , London is the 343rd largest and the 279th most expensive property on the street.
When compared to the postcode district it is £220k less expensive than the average property in NW6.
Flat 7, Addison Court , London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 7, Addison Court , London is Kilburn High Road station which is 200 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 7, Addison Court , London, 77.4% of property is privately rented and 12.9% 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 7, Addison Court , London, 20.9% of residents are recorded as possessing school level qualifications and 47.6% 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 7, Addison Court , London, the average age was 37.1 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 7, Addison Court , London, 0.0% 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 7, Addison Court , 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.