According to the public record, Flat C, 96, Melrose Avenue, London is a period apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 96, Melrose Avenue, London, NW2.
Melrose Avenue, London, NW2 is located in the borough of Brent within the NW2 postal district.
Flat C, 96, Melrose Avenue, London has no records in the Land Registry database and 2 entries in the EPC database, most recently in November 2013.
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 C 96 Melrose Avenue London as £323,031 and the rental value as £1,491 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat C 96 Melrose Avenue London has increased by £11,077 (3.4%) and its rental value has increased by £98 per month (6.6%).
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 C, 96, Melrose Avenue, London is in very good condition we estimate a sale value of £339,182 and rental value of £1,566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,418 and a rental value of £1,387 per month.
If you were able to purchase this property for the estimated value of £323,031, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,588 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 C, 96, Melrose Avenue, London within a radius of 385m over the last 2 years.
The most recent example is Flat D, 70, Anson Road, London, NW2 6AD, a Leasehold flat which sold for £300,000 in Jul 2022.
Read more about house prices in NW2.
Our network of Estate Agents report 1 let of a property similar to Flat C, 96, Melrose Avenue, London within a radius of 105m over the last 2 years.
Most recently 7B , James Avenue, London, NW2 4AJ, a Leasehold flat let by Collinson Hall for an undisclosed amount in Dec 2023.
Melrose Avenue, London, NW2 has a total of 488 addresses. According to our analysis of all the public data, Flat C, 96, Melrose Avenue, London is the 401st largest and the 399th most expensive property on the street.
When compared to the postcode district it is £265k less expensive than the average property in NW2.
Flat C, 96, Melrose Avenue, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Nov 2013.
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 C, 96, Melrose Avenue, London is Willesden Green station which is 500 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 C, 96, Melrose Avenue, London, 41.3% of property is privately rented and 20.6% is privately owned outright.
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 C, 96, Melrose Avenue, London, 19.1% of residents are recorded as possessing school level qualifications and 56.1% 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 C, 96, Melrose Avenue, London, the average age was 38.3 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 C, 96, Melrose Avenue, London, 1.0% 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 C, 96, Melrose Avenue, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.