According to the public record, Flat 9, Colne House 61, London is a mid-century apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Colne House, Penfold Street, London, NW8.
Penfold Street, London, NW8 is located in the borough of City of Westminster within the NW8 postal district.
Flat 9, Colne House 61, London has no records in the Land Registry database and 2 entries in the EPC database, most recently in March 2024.
We combine this information with public data 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 9 Colne House 61 London as £324,875 and the rental value as £1,574 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 9 Colne House 61 London has increased by £6,514 (2.0%) and its rental value has increased by £108 per month (6.9%).
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 9, Colne House 61, London is in very good condition we estimate a sale value of £341,119 and rental value of £1,653 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,134 and a rental value of £1,464 per month.
If you were able to purchase this property for the estimated value of £324,875, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,597 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Colne House 61, London within a radius of 183m over the last 2 years.
The most recent example is Flat 21, Wyatt House, Frampton Street, London, NW8 8ND, a Leasehold flat which sold for £395,000 in Oct 2020.
Read more about house prices in NW8.
Our network of Estate Agents report 2 lets within a 197m radius of Flat 9, Colne House 61, London over the last 2 years.
Most recently Flat 8, 85, Frampton Street, London, NW8 8NQ, a Leasehold flat let by Fine Living for an undisclosed amount in Dec 2023.
Penfold Street, London, NW8 has a total of 234 addresses. According to our analysis of all the public data, Flat 9, Colne House 61, London is the 192nd largest and the 196th most expensive property on the street.
When compared to the postcode district it is £964k less expensive than the average property in NW8.
Flat 9, Colne House 61, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Mar 2024.
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 9, Colne House 61, London is Edgware Road station which is 300 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 9, Colne House 61, London, 71.4% of property is socially rented and 13.8% 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 9, Colne House 61, London, 22.9% of residents are recorded as possessing school level qualifications and 28.2% 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 9, Colne House 61, London, the average age was 37 and the most common age was 22.
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 9, Colne House 61, London, 0.9% 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 9, Colne House 61, 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.