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According to the public record, 38, Platts Lane is a period freehold house with 3,562 ft2 of internal area.
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 38, Platts Lane is £3,102,232 and the estimated rental value is £13,097 per month.
Platts Lane, London, NW3 is located in the borough of Camden within the NW3 postal district.
38, Platts Lane has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 38, Platts Lane is in very good condition we estimate a sale value of £3,257,344 and a rental value of £13,752 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,885,076 and a rental value of £12,180 per month.
Over the last 12 months the sale value of 38 Platts Lane has decreased by an estimated £116,340 (3.8%) and its rental value has increased by an estimated £540 per month (4.1%), giving an expected gross yield of 5.1%.
38, Platts Lane has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Aug 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, 38, Platts Lane was last sold on 9th June 2023 for £2,650,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has dropped 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Platts Lane within a radius of 470 metres over the last 2 years.
The most recent example is 18, West Heath Gardens, London, NW3 7TR, a freehold house which sold for £3,900,000 on the 2nd August 2024.
Read more about house prices in NW3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Platts Lane, London, NW3 has a total of 151 addresses. According to our analysis of all the public data, 38, Platts Lane is the 12th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £1.778m more expensive than the average property in NW3.
The nearest school is St Luke's Church of England School which is 400 metres away. The nearest train station is Hampstead which is 1.0 kilometres away.
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