According to the public record, Ground Floor Flat, 48, Falkland Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 846 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 48, Falkland Road, London, NW5.
Falkland Road, London, NW5 is located in the borough of Camden within the NW5 postal district.
Ground Floor Flat, 48, Falkland Road, London has 31 entries in the Land Registry database, most recently in July 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 48 Falkland Road London as £529,244 and the rental value as £2,679 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Ground Floor Flat 48 Falkland Road London has decreased by £5,736 (1.1%) and its rental value has increased by £162 per month (6.0%).
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 Ground Floor Flat, 48, Falkland Road, London is in very good condition we estimate a sale value of £555,706 and rental value of £2,813 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £492,197 and a rental value of £2,491 per month.
If you were able to purchase this property for the estimated value of £529,244, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,601 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, Ground Floor Flat, 48, Falkland Road, London was last sold on 09 Jul 2012 for £495,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2012, the market for similar properties has risen 39.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ground Floor Flat, 48, Falkland Road, London within a radius of 161m over the last 2 years.
The most recent example is Flat 60, Kennistoun House, Leighton Road, London, NW5 2UT, a Leasehold flat which sold for £480,000 in Mar 2024.
Read more about house prices in NW5.
Falkland Road, London, NW5 has a total of 155 addresses. According to our analysis of all the public data, Ground Floor Flat, 48, Falkland Road, London is the 76th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in NW5.
The closest station to Ground Floor Flat, 48, Falkland Road, London is Kentish Town 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 Ground Floor Flat, 48, Falkland Road, London, 36.4% of property is socially rented and 26.5% is privately owned with a mortgage.
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, 48, Falkland Road, London, 25.6% of residents are recorded as possessing school level qualifications and 60.7% 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, 48, Falkland Road, London, the average age was 36.6 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 Ground Floor Flat, 48, Falkland Road, London, 2.4% 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, 48, Falkland Road, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.