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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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78, Chambers Lane is recorded publicly as a period leasehold apartment across 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 78, Chambers Lane is £452,555 and its rental estimate is £2,147 per month, given the available information and assuming reasonable condition.
Chambers Lane, London, NW10 falls within the NW10 postal district, in the borough of Brent.
78, Chambers Lane has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated July 2015.
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.
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 78, Chambers Lane, we estimate a market value of £475,182 and a rental value of £2,254 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £420,876 and £1,997 per month respectively.
Over the last year, 78, Chambers Lane has seen its estimated sale value decrease by £7,987 (1.8%) and its estimated rental value grow by £129 per month (6.0%). This results in an estimated gross rental yield of 5.7%.
78, Chambers Lane has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 03 Jul 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The most recent sale of 78, Chambers Lane completed on 31st March 2016 at £485,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 33.3% over the period since March 2016.
Over the past 2 years 3 properties similar to 78, Chambers Lane have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th August 2024, was 114, Chambers Lane, London, NW10 2RP, a leasehold flat which sold for £499,000.
Read more about house prices in NW10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Over the past 2 years our Estate Agent network has recorded 1 let of a property comparable to 78, Chambers Lane, all within 390 metres.
The latest, in January 2021, was 47B , High Road, London, NW10 2TE, a leasehold flat let by Jorgensen Turner.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 128 addresses on Chambers Lane, London, NW10, 78, Chambers Lane comes out as the 105th largest and the 92nd most expensive in our analysis of the public data.
It is also £68k less expensive than the average property across the NW10 district.
From 78, Chambers Lane, the nearest station is Willesden Green, 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 78, Chambers Lane, 35.2% of property is privately owned with a mortgage and 30.5% 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 78, Chambers Lane, 22.0% of residents are recorded as possessing school level qualifications and 55.3% 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 78, Chambers Lane, the average age was 39.2 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 78, Chambers Lane, 0.0% 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 78, Chambers Lane, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
