As updated by Jorgensen Turner in Dec 2020, Flat 8, Ribblesdale House, London is a mid-century leasehold apartment with 700 ft2 of internal area comprising 2 bedrooms with a balcony.
There are 95 years remaining on the lease.
The apartment is in Ribblesdale House, Kilburn Vale, London, NW6.
Kilburn Vale, London, NW6 is located in the borough of Camden 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 8 Ribblesdale House London as £394,760 and the rental value as £2,003 per month giving an expected gross yield of 6.1%.
Jorgensen Turner described the decorative condition as fair in Dec 2020.
Over the last 12 months the sale value of Flat 8 Ribblesdale House London has decreased by £6,074 (1.5%) and its rental value has increased by £53 per month (2.6%).
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, Ribblesdale House, London is in very good condition we estimate a sale value of £414,498 and rental value of £2,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,127 and a rental value of £1,863 per month.
If you were able to purchase this property for the estimated value of £394,760, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,940 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, Ribblesdale House, London was last sold on 19 Apr 2021 for £415,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2021, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Ribblesdale House, London within a radius of 36m over the last 2 years.
The most recent example is Flat 10, Ribblesdale House, Kilburn Vale, London, NW6 4QR, a Leasehold flat which sold for £451,000 in Apr 2020.
Read more about house prices in NW6.
Our network of Estate Agents report 3 lets of properties similar to Flat 8, Ribblesdale House, London within a radius of 218m over the last 2 years.
Most recently Flat 12, Remsted House, Mortimer Crescent, London, NW6 5UT, a Leasehold flat let by Jorgensen Turner for an undisclosed amount in Jan 2024.
Kilburn Vale, London, NW6 has a total of 116 addresses. According to our analysis of all the public data, Flat 8, Ribblesdale House, London is the 59th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £326k less expensive than the average property in NW6.
Flat 8, Ribblesdale House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Nov 2020.
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 8, Ribblesdale House, London is Kilburn High Road 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 8, Ribblesdale House, London, 43.5% of property is socially rented and 37.2% 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, Ribblesdale House, London, 25.7% of residents are recorded as possessing school level qualifications and 43.4% 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, Ribblesdale House, 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 8, Ribblesdale House, 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 8, Ribblesdale House, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.