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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, 3, Upper Terrace is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,614 ft2 of internal area and a garden.
Apartments of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Upper Terrace is £3,080,717 and the estimated rental value is £8,782 per month.
Upper Terrace, London, NW3 is located in the borough of Camden within the NW3 postal district.
3, Upper Terrace has a single entry in the Land Registry from December 2018 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.
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 3, Upper Terrace is in very good condition we estimate a sale value of £3,234,753 and a rental value of £9,221 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,865,067 and a rental value of £8,167 per month.
Over the last 12 months the sale value of 3 Upper Terrace has decreased by an estimated £41,876 (1.4%) and its rental value has increased by an estimated £575 per month (6.5%), giving an expected gross yield of 3.4%.
According to HM Land Registry, 3, Upper Terrace was last sold on 21st December 2018 for £5,100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2018, the market for similar properties has dropped 6.9%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 3, Upper Terrace within a radius of 530 metres over the last 2 years.
The most recent example is Apartment 16, Novel House 29, New End, London, NW3 1JD, a leasehold flat which sold for £3,630,000 on the 12th July 2022.
Read more about house prices in NW3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Upper Terrace, London, NW3 has a total of 7 addresses. According to our analysis of all the public data, 3, Upper Terrace is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £1.756m more expensive than the average property in NW3.
The nearest school is Christ Church Primary School, Hampstead which is 400 metres away. The nearest train station is Hampstead which is 500 metres away.
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