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By comparing it to nearby properties, we estimate it to be a modern house with 2,689 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 5, Eyre Road is £5,942,893 and its rental estimate is £15,618 per month, given the available information and assuming reasonable condition.
Eyre Road, London, NW8 falls within the NW8 postal district, in the borough of City of Westminster.
5, Eyre Road has a single entry in the Land Registry from April 2020 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.
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 5, Eyre Road, we estimate a market value of £6,240,037 and a rental value of £16,399 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £5,526,890 and £14,524 per month respectively.
Over the last year, 5, Eyre Road has seen its estimated sale value decrease by £230,049 (3.9%) and its estimated rental value grow by £400 per month (2.6%). This results in an estimated gross rental yield of 3.2%.
The most recent sale of 5, Eyre Road completed on 8th April 2020 at £11,428,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 9.9% over the period since April 2020.
Over the past 2 years 3 properties similar to 5, Eyre Road have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2023, was 4, Eyre Road, London, NW8 9BQ, a freehold house which sold for £11,000,000.
Read more about house prices in NW8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 11 addresses on Eyre Road, London, NW8, 5, Eyre Road comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £4.684m more expensive than the average property across the NW8 district.
From 5, Eyre Road, the nearest station is St John's Wood, 500 metres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Eyre Road, 70.9% of property is privately rented and 15.7% 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 5, Eyre Road, 23.0% of residents are recorded as possessing school level qualifications and 76.2% 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 5, Eyre Road, the average age was 36.8 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 5, Eyre Road, 3.3% 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 5, Eyre Road, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.