According to the public record, Flat 8, Northwood Lodge, London is a mid-century leasehold apartment and with 1,205 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Northwood Lodge, Oak Hill Park, London, NW3.
Oak Hill Park, London, NW3 is located in the borough of Camden within the NW3 postal district.
Flat 8, Northwood Lodge, London has 3 entries in the Land Registry database, most recently in November 2021 and 2 entries in the EPC database, most recently in July 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 8 Northwood Lodge London as £1,460,648 and the rental value as £4,094 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of Flat 8 Northwood Lodge London has decreased by £55,626 (3.8%) and its rental value has increased by £256 per month (6.2%).
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 8, Northwood Lodge, London is in very good condition we estimate a sale value of £1,533,681 and rental value of £4,298 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,358,403 and a rental value of £3,807 per month.
If you were able to purchase this property for the estimated value of £1,460,648, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,179 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 8, Northwood Lodge, London was last sold on 25 Nov 2021 for £1,460,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2021, the market for similar properties has dropped 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Northwood Lodge, London within a radius of 60m over the last 2 years.
The most recent example is Flat 11, Northwood Lodge, Oak Hill Park, London, NW3 7LL, a Leasehold flat which sold for £1,225,000 in Nov 2017.
Read more about house prices in NW3.
Oak Hill Park, London, NW3 has a total of 80 addresses. According to our analysis of all the public data, Flat 8, Northwood Lodge, London is the 39th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £122k more expensive than the average property in NW3.
Flat 8, Northwood Lodge, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 8, Northwood Lodge, London is Hampstead station which is 400 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 8, Northwood Lodge, London, 42.2% of property is privately owned outright and 42.2% 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 8, Northwood Lodge, London, 19.9% of residents are recorded as possessing school level qualifications and 70.7% 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 8, Northwood Lodge, London, the average age was 39.5 and the most common age was 42.
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 8, Northwood Lodge, London, 7.5% 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 8, Northwood Lodge, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.