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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
247B, Edgware Road is recorded publicly as an early-century leasehold apartment across 581 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 247B, Edgware Road is £282,853 and its rental estimate is £1,648 per month, given the available information and assuming reasonable condition.
247, Edgware Road is a residential building on Edgware Road, London, NW9 and falls within the NW9 postal district and the London Borough of Brent.
247B, Edgware Road has a single entry in the Land Registry from December 2007 and a single entry in the EPC database dated November 2017.
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.
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 247B, Edgware Road, we estimate a market value of £296,995 and a rental value of £1,731 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £263,053 and £1,533 per month respectively.
Over the last year, 247B, Edgware Road has seen its estimated sale value decline by £5,217 (1.8%) and its estimated rental value climb by £60 per month (3.6%). This results in an estimated gross rental yield of 7.0%.
247B, Edgware Road has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Nov 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 247B, Edgware Road completed on 19th December 2007 at £184,000 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 risen by 23.9% over the period since December 2007.
Over the past 2 years 3 properties similar to 247B, Edgware Road have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st June 2023, was 2, Woodfield Avenue, London, NW9 6PP, a leasehold flat which sold for £295,000.
Read more about house prices in NW9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 230 addresses on Edgware Road, London, NW9, 247B, Edgware Road comes out as the 135th largest and the 164th most expensive in our analysis of the public data.
It is also £159k less expensive than the average property across the NW9 district.
From 247B, Edgware Road, the nearest station is Colindale, 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 247B, Edgware Road, 66.4% of property is privately rented and 16.8% 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 247B, Edgware Road, 26.0% of residents are recorded as possessing school level qualifications and 25.3% 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 247B, Edgware Road, the average age was 36.8 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 247B, Edgware Road, 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 247B, Edgware 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.
