40, Wellesley Road
40, Wellesley Road
Description & Estimates
40, Wellesley Road is recorded publicly as a mid-century leasehold apartment across 335 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 40, Wellesley Road is £259,161 and its rental estimate is £1,377 per month, given the available information and assuming reasonable condition.
Wellesley Road, London, NW5 falls within the NW5 postal district, in the borough of Camden.
Our Data Sources
40, Wellesley Road has 21 entries in the Land Registry , most recently in June 2013 and a single entry in the EPC database dated January 2010.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 40, Wellesley Road, we estimate a market value of £272,119 and a rental value of £1,446 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £241,019 and £1,280 per month respectively.
Recent Market Change
Over the last year, 40, Wellesley Road has seen its estimated sale value decrease by £1,462 (0.6%) and its estimated rental value grow by £96 per month (7.0%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
40, Wellesley Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Jan 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme, mains gas.
Sold Prices
The most recent sale of 40, Wellesley Road completed on 28th June 2013 at £220,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 78.7% over the period since June 2013.
- Sold Jun 2013£220,000
- Sold Mar 2004£90,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Wellesley Road have sold within a radius of 260 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th June 2022, was 55, Wellesley Road, London, NW5 4PN, a leasehold flat which sold for £245,000.
Read more about house prices in NW5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 125 addresses on Wellesley Road, London, NW5, 40, Wellesley Road comes out as the 119th largest and the 112th most expensive in our analysis of the public data.
It is also £494k less expensive than the average property across the NW5 district.
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Schools Nearby
- 400mRhyl Community Primary School
- 400mGospel Oak Primary School
- 600mFleet Primary School
- 700mHaverstock School
- 800mParliament Hill School
- 900mWilliam Ellis School
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Public Transport Nearby
From 40, Wellesley Road, the nearest station is Gospel Oak, 500 metres away.
- 500mGospel Oak
- 600mKentish Town West
- 800mChalk Farm
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
