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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, 3, Ormonde Terrace is a early-century leasehold apartment with 269 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Ormonde Terrace is £319,690 and the estimated rental value is £1,133 per month.
Ormonde Terrace, London, NW8 is located in the borough of City of Westminster within the NW8 postal district.
3, Ormonde Terrace has 31 entries in the Land Registry , most recently in September 2018 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 3, Ormonde Terrace is in very good condition we estimate a sale value of £335,675 and a rental value of £1,190 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,312 and a rental value of £1,054 per month.
Over the last 12 months the sale value of 3 Ormonde Terrace has decreased by an estimated £10,833 (3.4%) and its rental value has increased by an estimated £55 per month (4.9%), giving an expected gross yield of 4.3%.
3, Ormonde Terrace has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Nov 2018.
The property is connected to mains gas and has mostly secondary glazing. It is heated using Community scheme.
According to HM Land Registry, 3, Ormonde Terrace was last sold on 21st September 2018 for £350,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2018, the market for similar properties has dropped 16.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 3, Ormonde Terrace within a radius of 480 metres over the last 2 years.
The most recent example is 18, Ormonde Terrace, London, NW8 7LP, a leasehold flat which sold for £360,000 on the 21st October 2020.
Read more about house prices in NW8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 480 metres radius of 3, Ormonde Terrace over the last 2 years.
Most recently 5, St. James Close, London, NW8 7LG, a leasehold flat let by Jorgensen Turner in March 2021.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ormonde Terrace, London, NW8 has a total of 70 addresses. According to our analysis of all the public data, 3, Ormonde Terrace is the 70th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £881k less expensive than the average property in NW8.
The closest station to 3, Ormonde Terrace is Chalk Farm station which is 900 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Ormonde Terrace, 38.5% of property is privately owned outright and 37.6% 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 3, Ormonde Terrace, 13.1% of residents are recorded as possessing school level qualifications and 72.6% 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 3, Ormonde Terrace, the average age was 40.3 and the most common age was 32.
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 3, Ormonde Terrace, 7.3% 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 3, Ormonde Terrace, 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.
