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According to the public record, 83A, Walm Lane is a period leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 83A, Walm Lane is £191,260 and the estimated rental value is £1,020 per month.
The apartment is within 83, Walm Lane, London, NW2.
Walm Lane, London, NW2 is located in the borough of Brent within the NW2 postal district.
83A, Walm Lane has a single entry in the Land Registry from April 2010 and a single entry in the EPC database dated December 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 83A, Walm Lane is in very good condition we estimate a sale value of £200,823 and a rental value of £1,071 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,871 and a rental value of £949 per month.
Over the last 12 months the sale value of 83A Walm Lane has decreased by an estimated £5,168 (2.7%) and its rental value has increased by an estimated £61 per month (6.0%), giving an expected gross yield of 6.4%.
83A, Walm Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Dec 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 83A, Walm Lane was last sold on 26th April 2010 for £123,454 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2010, the market for similar properties has risen 45.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 350 metres radius of 83A, Walm Lane over the last 2 years.
The most recent example is 138, Walm Lane, London, NW2 4RU, a freehold house which sold for £1,300,000 on the 22nd October 2024.
Read more about house prices in NW2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Walm Lane, London, NW2 has a total of 682 addresses. According to our analysis of all the public data, 83A, Walm Lane is the 266th largest and the 624th most expensive property on the street.
When compared to the postcode district it is £374k less expensive than the average property in NW2.
The closest station to 83A, Walm Lane is Willesden Green station which is 200 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 83A, Walm Lane, 56.9% of property is privately rented and 26.2% 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 83A, Walm Lane, 18.6% of residents are recorded as possessing school level qualifications and 43.2% 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 83A, Walm Lane, the average age was 37.8 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 83A, Walm Lane, 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 83A, Walm Lane, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.