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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 116, Draycott Close is £275,595 and the estimated rental value is £1,522 per month.
Draycott Close, London, NW2 is located in the borough of Barnet within the NW2 postal district.
116, Draycott Close has 41 entries in the Land Registry , most recently in April 2010 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 116, Draycott Close is in very good condition we estimate a sale value of £289,375 and a rental value of £1,598 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,303 and a rental value of £1,416 per month.
Over the last 12 months the sale value of 116 Draycott Close has decreased by an estimated £2,511 (0.9%) and its rental value has increased by an estimated £106 per month (7.0%), giving an expected gross yield of 6.6%.
116, Draycott Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 116, Draycott Close was last sold on 30th April 2010 for £175,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since April 2010, the market for similar properties has risen 51.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Draycott Close within a radius of 400 metres over the last 2 years.
The most recent example is 73, Woodvale Way, London, NW11 8SQ, a leasehold flat which sold for £295,000 on the 20th February 2025.
Read more about house prices in NW2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Draycott Close, London, NW2 has a total of 120 addresses. According to our analysis of all the public data, 116, Draycott Close is the 55th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £286k less expensive than the average property in NW2.
The closest station to 116, Draycott Close is Cricklewood station which is 300 metres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 116, Draycott Close, 84.7% of property is privately rented and 8.1% 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 116, Draycott Close, 11.6% of residents are recorded as possessing school level qualifications and 44.1% 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 116, Draycott Close, the average age was 37.5 and the most common age was 37.
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 116, Draycott Close, 1.5% 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 116, Draycott Close, 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.