According to the public record, Flat 7, Masons House 1-3, London is a mid-century leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Masons House, Valley Drive, London, NW9.
Valley Drive, London, NW9 is located in the borough of Brent within the NW9 postal district.
Flat 7, Masons House 1-3, London has 41 entries in the Land Registry database, most recently in October 2018 and a single entry in the EPC database dated December 2021.
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 7 Masons House 1-3 London as £283,331 and the rental value as £1,540 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 7 Masons House 1-3 London has increased by £4,566 (1.6%) 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 7, Masons House 1-3, London is in very good condition we estimate a sale value of £297,497 and rental value of £1,617 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,497 and a rental value of £1,432 per month.
If you were able to purchase this property for the estimated value of £283,331, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,392 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 7, Masons House 1-3, London was last sold on 30 Oct 2018 for £250,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2018, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Masons House 1-3, London within a radius of 610 metres over the last 2 years.
The most recent example is Flat 4, Masons House 1-3, Valley Drive, London, NW9 9NG, a Leasehold flat which sold for £276,000 in Feb 2019.
Read more about house prices in NW9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Valley Drive, London, NW9 has a total of 158 addresses. According to our analysis of all the public data, Flat 7, Masons House 1-3, London is the 152nd largest and the 153rd most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in NW9.
Flat 7, Masons House 1-3, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Dec 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 7, Masons House 1-3, London is Kingsbury 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 7, Masons House 1-3, London, 58.3% of property is socially rented and 18.3% is privately 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, Masons House 1-3, London, 19.6% of residents are recorded as possessing school level qualifications and 35.1% 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, Masons House 1-3, London, the average age was 38.7 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 7, Masons House 1-3, London, 1.5% 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, Masons House 1-3, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.