According to the public record, Third Floor Flat, 36, Mornington Terrace, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 561 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 36, Mornington Terrace, London, NW1.
Mornington Terrace, London, NW1 is located in the borough of Camden within the NW1 postal district.
Third Floor Flat, 36, Mornington Terrace, London has a single entry in the Land Registry database from October 2020 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 Third Floor Flat 36 Mornington Terrace London as £571,016 and the rental value as £2,786 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Third Floor Flat 36 Mornington Terrace London has decreased by £5,454 (1.0%) and its rental value has increased by £185 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 Third Floor Flat, 36, Mornington Terrace, London is in very good condition we estimate a sale value of £599,566 and rental value of £2,926 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £531,045 and a rental value of £2,591 per month.
If you were able to purchase this property for the estimated value of £571,016, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,806 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, Third Floor Flat, 36, Mornington Terrace, London was last sold on 02 Oct 2020 for £422,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2020, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Third Floor Flat, 36, Mornington Terrace, London within a radius of 330 metres over the last 2 years.
The most recent example is Flat 1, 84, Albert Street, London, NW1 7NR, a Leasehold flat which sold for £450,000 in Dec 2023.
Read more about house prices in NW1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mornington Terrace, London, NW1 has a total of 141 addresses. According to our analysis of all the public data, Third Floor Flat, 36, Mornington Terrace, London is the 55th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £255k less expensive than the average property in NW1.
The closest station to Third Floor Flat, 36, Mornington Terrace, London is Mornington Crescent station which is 300 metres 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 Third Floor Flat, 36, Mornington Terrace, London, 42.3% of property is privately rented and 30.3% is socially 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 Third Floor Flat, 36, Mornington Terrace, London, 27.7% of residents are recorded as possessing school level qualifications and 54.8% 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 Third Floor Flat, 36, Mornington Terrace, London, the average age was 36.2 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 Third Floor Flat, 36, Mornington Terrace, London, 4.4% 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 Third Floor Flat, 36, Mornington Terrace, 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.