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498 Edgware Road is a residential building situated on Edgware Road, London, W2 with 13 addresses.
It ranks as the 2242nd largest and 206th most expensive of the 2,646 buildings in the W2 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 13 properties: 13 flats.
498 Edgware Road is a residential building situated on Edgware Road, London, W2 with 13 addresses.
It ranks as the 2242nd largest and 206th most expensive of the 2,646 buildings in the W2 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 13 properties: 13 flats.
Sale prices range from £310,445 for 1 bedroom leasehold flats (430 ft2) to £651,518 for 2 bedroom leasehold flats (613 ft2) .
Monthly rental prices range from £1,637 pcm for 1 bed flats to £3,247 pcm for 2 bed flats.
The gross rental yield is between 6.0% and 6.3%.
The average value per square foot is £695.
The last sale in 498 Edgware Road sold for £340,000 on 5th December 2023. Since then prices are down an average of 4.9%.
The current average value in the building is £391,158.
The 498 Edgware Road Sales Market has decreased by 15.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.2% | £391,158 |
| May 2025 | -3.5% | £395,872 |
| May 2024 | -0.8% | £410,323 |
| May 2023 | -1.7% | £413,836 |
| May 2022 | 1.3% | £420,782 |
| May 2021 | -1.6% | £415,313 |
| May 2020 | 1.1% | £422,076 |
| May 2019 | -1.6% | £417,586 |
| May 2018 | -6.9% | £424,534 |
| May 2017 | -1.4% | £456,212 |
| May 2016 | 1.6% | £462,556 |
| May 2015 | 4.9% | £455,339 |
| May 2014 | 17.2% | £434,262 |
| May 2013 | 8.1% | £370,423 |
| May 2012 | 9.4% | £342,605 |
| May 2011 | 7.3% | £313,173 |
| May 2010 | 9.8% | £291,809 |
| May 2009 | -6.9% | £265,845 |
| May 2008 | 9.2% | £285,592 |
| May 2007 | 0% | £261,464 |
The current average rental value in the building is £2,029.
The 498 Edgware Road Rental Market has increased by 30.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.3% | £2,029pcm |
| May 2025 | 2.3% | £1,926pcm |
| May 2024 | 1.3% | £1,882pcm |
| May 2023 | 12.7% | £1,858pcm |
| May 2022 | 19.7% | £1,649pcm |
| May 2021 | -8.1% | £1,378pcm |
| May 2020 | -0.8% | £1,499pcm |
| May 2019 | 2% | £1,511pcm |
| May 2018 | -1.7% | £1,481pcm |
| May 2017 | -2.7% | £1,508pcm |
| May 2016 | 2.9% | £1,550pcm |
| May 2015 | 3.8% | £1,506pcm |
| May 2014 | 1.5% | £1,451pcm |
| May 2013 | -3.5% | £1,431pcm |
| May 2012 | 2.3% | £1,482pcm |
| May 2011 | 9% | £1,449pcm |
| May 2010 | 6.8% | £1,329pcm |
| May 2009 | -10.5% | £1,244pcm |
| May 2008 | 5.8% | £1,390pcm |
| May 2007 | 0% | £1,314pcm |
The last sale was on 5th December 2023 for £340,000 and since then the market in the area has decreased by 4.9%. The building has had a total of 18 sales since 1995.
498, Edgware Road, London, W2 1EJ has seen 1 sale in the last three years and no sales in the last twelve months.
The closest station to 498, Edgware Road, London, W2 1EJ is Warwick Avenue station which is 500 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 498, Edgware Road, London, W2 1EJ, 49.4% of property is socially rented and 28.7% 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 498, Edgware Road, London, W2 1EJ, 20.3% of residents are recorded as possessing school level qualifications and 36.3% 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 498, Edgware Road, London, W2 1EJ, the average age was 37 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 498, Edgware Road, London, W2 1EJ, 1.9% 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 498, Edgware Road, London, W2 1EJ, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.