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53A, Olive Road is described in the public record as a modern apartment with 718 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 53A, Olive Road is £453,857 and its rental estimate is £2,259 per month, given the available information and assuming reasonable condition.
Olive Road, London, NW2 falls within the NW2 postal district, in the borough of Brent.
53A, Olive Road has no records in the the Land Registry and a single entry in the EPC database dated November 2010.
We combine this information with public data 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 53A, Olive Road, we estimate a market value of £476,550 and a rental value of £2,371 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £422,087 and £2,100 per month respectively.
Over the last year, 53A, Olive Road has seen its estimated sale value move down by £11,512 (2.5%) and its estimated rental value increase by £123 per month (5.5%). This results in an estimated gross rental yield of 6.0%.
53A, Olive Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Nov 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 53A, Olive Road have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th January 2025, was 23B , Ivy Road, London, NW2 6SY, a leasehold flat which sold for £420,000.
Read more about house prices in NW2.
•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 within 360 metres of 53A, Olive Road.
The latest, in December 2023, was 7B , James Avenue, London, NW2 4AJ, a leasehold flat let by Collinson Hall.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 222 addresses on Olive Road, London, NW2, 53A, Olive Road comes out as the 164th largest and the 147th most expensive in our analysis of the public data.
It is also £112k less expensive than the average property across the NW2 district.
From 53A, Olive Road, the nearest station is Cricklewood, 800 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 53A, Olive Road, 43.0% of property is privately rented and 28.2% is privately owned outright.
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 53A, Olive Road, 23.4% of residents are recorded as possessing school level qualifications and 46.6% 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 53A, Olive Road, the average age was 37.3 and the most common age was 37.
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 53A, Olive Road, 0.7% 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 53A, Olive Road, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.