According to the public record, Ground Floor Flat, 41, Alma Square, London is a period apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 41, Alma Square, London, NW8.
Alma Square, London, NW8 is located in the borough of City of Westminster within the NW8 postal district.
Ground Floor Flat, 41, Alma Square, London has no records in the Land Registry database and 2 entries in the EPC database, most recently in July 2022.
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 Ground Floor Flat 41 Alma Square London as £517,705 and the rental value as £2,513 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Ground Floor Flat 41 Alma Square London has decreased by £3,268 (0.6%) and its rental value has increased by £192 per month (7.6%).
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 Ground Floor Flat, 41, Alma Square, London is in very good condition we estimate a sale value of £543,591 and rental value of £2,638 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £481,466 and a rental value of £2,337 per month.
If you were able to purchase this property for the estimated value of £517,705, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,544 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 Ground Floor Flat, 41, Alma Square, London within a radius of 188m over the last 2 years.
The most recent example is Flat 2, Abercorn Mansions 17, Abercorn Place, London, NW8 9DY, a Leasehold flat which sold for £625,000 in Mar 2022.
Read more about house prices in NW8.
Alma Square, London, NW8 has a total of 124 addresses. According to our analysis of all the public data, Ground Floor Flat, 41, Alma Square, London is the 57th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £772k less expensive than the average property in NW8.
Ground Floor Flat, 41, Alma Square, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jul 2022.
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 Ground Floor Flat, 41, Alma Square, London is Maida Vale 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 Ground Floor Flat, 41, Alma Square, London, 49.3% of property is privately rented and 33.6% 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 Ground Floor Flat, 41, Alma Square, London, 23.1% of residents are recorded as possessing school level qualifications and 80.9% 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 Ground Floor Flat, 41, Alma Square, London, the average age was 36.8 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 Ground Floor Flat, 41, Alma Square, London, 6.5% 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 Ground Floor Flat, 41, Alma Square, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.