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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
Public records show 78, Wellesley Road to be a mid-century leasehold apartment with 1,140 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
78, Wellesley Road has an estimated sale value of £538,286 and an estimated rental value of £2,676 per month, assuming reasonable condition and based on the information available.
Wellesley Road, London, NW5 lies in the borough of Camden, within the NW5 postal district.
78, Wellesley Road has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate 78, Wellesley Road would be worth £565,200, with a potential rental value of £2,810 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £500,606, with a rental value of £2,489 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 78, Wellesley Road has decreased by £9,480 (1.8%) over the last year. During the same period, its estimated monthly rental value has grown by £147 (5.5%). The property's estimated gross yield is currently 6.0%.
78, Wellesley Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
78, Wellesley Road last changed hands on 1st February 2024, selling for £549,206. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 51.7% since February 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 260 metres of 78, Wellesley Road across the last 2 years.
Most recently, Flat 213, Wendling, Haverstock Road, London, NW5 4QY, a leasehold flat, sold at £445,000 on the 1st July 2022.
Read more about house prices in NW5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 78, Wellesley Road as the 4th largest and the 13th most expensive of the 125 addresses on Wellesley Road, London, NW5.
Against the NW5 postcode district average, it is £215k less expensive than the typical property.
Gospel Oak station is the nearest stop to 78, Wellesley Road at 500 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 78, Wellesley Road, 60.8% of property is socially rented and 17.2% 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, Wellesley Road, 22.3% of residents are recorded as possessing school level qualifications and 46.0% 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, Wellesley Road, the average age was 35.9 and the most common age was 27.
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, Wellesley Road, 0.8% 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, Wellesley Road, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
