As updated by Jorgensen Turner in May 2022, Flat B, 129, Purves Road, London is a period share of freehold apartment with 936 ft2 of internal area comprising 2 bedrooms .
The apartment is in 129, Purves Road, London, NW10.
Purves Road, London, NW10 is located in the borough of Brent within the NW10 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 B 129 Purves Road London as £774,432 and the rental value as £2,237 per month giving an expected gross yield of 3.5%.
Jorgensen Turner described the decorative condition as fair in May 2022.
Over the last 12 months the sale value of Flat B 129 Purves Road London has decreased by £9,958 (1.3%) and its rental value has increased by £45 per month (2.0%).
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 B, 129, Purves Road, London is in very good condition we estimate a sale value of £813,154 and rental value of £2,349 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £720,222 and a rental value of £2,080 per month.
If you were able to purchase this property for the estimated value of £774,432, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,806 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 B, 129, Purves Road, London was last sold on 11 Dec 2006 for £285,700 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to Jorgensen Turner , Flat B, 129, Purves Road, London was let 4 times since 2021 with the latest being in Jan 2023 for an undisclosed price.
Since Jan 2023, the market values of similar properties has risen 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B, 129, Purves Road, London within a radius of 39m over the last 2 years.
The most recent example is Flat B, 37, Ashburnham Road, London, NW10 5SB, a Leasehold flat which sold for £847,500 in Oct 2023.
Read more about house prices in NW10.
Our network of Estate Agents report 1 let within a 188m radius of Flat B, 129, Purves Road, London over the last 2 years.
Most recently 82, Leigh Gardens, London, NW10 5HP, a Leasehold flat let by Jorgensen Turner for an undisclosed amount in Dec 2022.
Purves Road, London, NW10 has a total of 310 addresses. According to our analysis of all the public data, Flat B, 129, Purves Road, London is the 87th largest and the 88th most expensive property on the street.
When compared to the postcode district it is £241k more expensive than the average property in NW10.
The closest station to Flat B, 129, Purves Road, London is Kensal Rise 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 B, 129, Purves Road, London, 34.2% of property is privately owned with a mortgage and 33.3% 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 B, 129, Purves Road, London, 14.7% of residents are recorded as possessing school level qualifications and 61.1% 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 B, 129, Purves Road, London, the average age was 38.2 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 B, 129, Purves Road, London, 2.1% 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 B, 129, Purves Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.