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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 274, Willesden Lane is a period freehold house with 3,896 ft2 of internal area and sits on a 772 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 274, Willesden Lane is £1,779,633 and the estimated rental value is £7,725 per month.
Willesden Lane, London, NW2 is located in the borough of Brent within the NW2 postal district.
274, Willesden Lane has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 274, Willesden Lane is in very good condition we estimate a sale value of £1,868,615 and a rental value of £8,111 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,655,059 and a rental value of £7,184 per month.
Over the last 12 months the sale value of 274 Willesden Lane has decreased by an estimated £88,247 (5.0%) and its rental value has increased by an estimated £239 per month (3.1%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 274, Willesden Lane sits on a plot of 772m2.
274, Willesden Lane has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Dec 2021.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 274, Willesden Lane was last sold on 15th August 2022 for £1,900,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2022, the market for similar properties has dropped 46.8%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 274, Willesden Lane within a radius of 360 metres over the last 2 years.
The most recent example is 8, Sidmouth Road, London, NW2 5JX, a freehold house which sold for £1,400,000 on the 3rd July 2015.
Read more about house prices in NW2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 360 metres radius of 274, Willesden Lane over the last 2 years.
Most recently 32C , Brondesbury Park, London, NW6 7DN, a leasehold flat let by Jorgensen Turner in January 2022.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Willesden Lane, London, NW2 has a total of 599 addresses. According to our analysis of all the public data, 274, Willesden Lane is the 3rd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £1.214m more expensive than the average property in NW2.
The closest station to 274, Willesden Lane is Willesden Green station which is 300 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 274, Willesden Lane, 51.0% of property is privately rented and 22.3% 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 274, Willesden Lane, 17.8% of residents are recorded as possessing school level qualifications and 54.2% 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 274, Willesden Lane, the average age was 37.8 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 274, Willesden Lane, 1.7% 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 274, Willesden Lane, 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.
