124A, Palermo Road
124A, Palermo Road
Description & Estimates
124A, Palermo Road appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 806 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 124A, Palermo Road is £514,736 and its rental estimate is £2,480 per month, given the available information and assuming reasonable condition.
124, Palermo Road is a residential building on Palermo Road, London, NW10 and falls within the NW10 postal district and the London Borough of Brent.
Our Data Sources
124A, Palermo Road has 51 entries in the Land Registry , most recently in November 2015 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.
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 124A, Palermo Road, we estimate a market value of £540,473 and a rental value of £2,604 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £478,705 and £2,307 per month respectively.
Recent Market Change
Over the last year, 124A, Palermo Road has seen its estimated sale value drop by £17,014 (3.3%) and its estimated rental value rise by £106 per month (4.3%). This results in an estimated gross rental yield of 5.8%.
Sold Prices
The most recent sale of 124A, Palermo Road completed on 13th November 2015 at £538,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 27.0% over the period since November 2015.
- Sold Nov 2015£538,000
- Sold Dec 2009£300,000
- Sold Aug 2003£214,250
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 124A, Palermo Road have sold within a radius of 340 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th August 2024, was 8A, Odessa Road, London, NW10 5YH, a leasehold flat which sold for £625,000.
Read more about house prices in NW10.
- Sold Aug 2024£625,000 | 2 Bed Flat8A, Odessa Road, London, NW10 5YH8A, Odessa Road, London, NW10 5YH
- Sold Jun 2024£605,000 | 3 Bed Flat29, Furness Road, London, NW10 4QG29, Furness Road, London, NW10 4QG
- Sold Nov 2022£630,000 | 3 Bed Flat13, Odessa Road, London, NW10 5YJ13, Odessa Road, London, NW10 5YJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 143 addresses on Palermo Road, London, NW10, 124A, Palermo Road comes out as the 77th largest and the 90th most expensive in our analysis of the public data.
It is also £6k less expensive than the average property across the NW10 district.
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Schools Nearby
- 200mKenmont Primary School
- 300mFurness Primary School
- 700mPrincess Frederica CofE Primary School
- 600mNewman Catholic College
- 700mHarris Lowe Academy Willesden
- 1.0kmSaint Claudine's Catholic School for Girls
More reading links
Public Transport Nearby
From 124A, Palermo Road, the nearest station is Willesden Junction, 600 metres away.
- 600mWillesden Junction
- 800mKensal Green
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.
