62B, Walm Lane
62B, Walm Lane
Description & Estimates
62B, Walm Lane is recorded publicly as a period leasehold apartment across 893 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 62B, Walm Lane is £350,010 and its rental estimate is £1,883 per month, given the available information and assuming reasonable condition.
62, Walm Lane is a residential building on Walm Lane, London, NW2 and falls within the NW2 postal district and the London Borough of Brent.
Our Data Sources
62B, Walm Lane has 21 entries in the Land Registry , most recently in January 2007 and a single entry in the EPC database dated September 2021.
We combine this information with that 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.
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 62B, Walm Lane, we estimate a market value of £367,511 and a rental value of £1,977 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £325,509 and £1,751 per month respectively.
Recent Market Change
Over the last year, 62B, Walm Lane has seen its estimated sale value decline by £15,837 (4.5%) and its estimated rental value climb by £72 per month (3.8%). This results in an estimated gross rental yield of 6.5%.
Energy Efficiency
62B, Walm Lane has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Sep 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 62B, Walm Lane completed on 4th January 2007 at £240,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 54.3% over the period since January 2007.
- Sold Jan 2007£240,000
- Sold Mar 1995£58,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 62B, Walm Lane have sold within a radius of 340 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th June 2024, was 60B , Walm Lane, London, NW2 4RA, a leasehold flat which sold for £285,000.
Read more about house prices in NW2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 1 let within 340 metres of 62B, Walm Lane.
The latest, in January 2021, was 47B , High Road, London, NW10 2TE, a leasehold flat let by Jorgensen Turner.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 682 addresses on Walm Lane, London, NW2, 62B, Walm Lane comes out as the 193rd largest and the 405th most expensive in our analysis of the public data.
It is also £216k less expensive than the average property across the NW2 district.
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Schools Nearby
- 400mConvent of Jesus and Mary RC Infant School
- 400mSt Mary Magdalen's Catholic Junior School
- 600mAnson Primary School
- 900mQueens Park Community School
- 1.3kmHarris Lowe Academy Willesden
- 1.3kmHampstead School
More reading links
Public Transport Nearby
From 62B, Walm Lane, the nearest station is Willesden Green, 100 metres away.
- 100mWillesden Green
- 1.2kmBrondesbury Park
- 1.2kmDollis Hill
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.
