Flat 1, 12
Flat 1, 12
Description & Estimates
Flat 1, 12, Lichfield Road appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a period apartment with 752 ft2 of internal area and a garden.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, 12, Lichfield Road is £415,474 and its rental estimate is £2,232 per month, given the available information and assuming reasonable condition.
12, Lichfield Road is a residential building on Lichfield Road, London, NW2 and falls within the NW2 postal district and the London Borough of Barnet.
Our Data Sources
Flat 1, 12, Lichfield Road has 41 entries in the Land Registry , most recently in March 2016 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 2 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 Flat 1, 12, Lichfield Road, we estimate a market value of £436,248 and a rental value of £2,343 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £386,391 and £2,075 per month respectively.
Recent Market Change
Over the last year, Flat 1, 12, Lichfield Road has seen its estimated sale value fall by £11,228 (2.7%) and its estimated rental value move up by £134 per month (6.0%). This results in an estimated gross rental yield of 6.4%.
Sold Prices
The most recent sale of Flat 1, 12, Lichfield Road completed on 31st March 2016 at £455,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 18.1% over the period since March 2016.
- Sold Mar 2016£455,000
- Sold Apr 2008£300,000
- Sold Aug 1997£79,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 12, Lichfield Road have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th February 2024, was 16, Oak Grove, London, NW2 3LP, a leasehold flat which sold for £435,000.
Read more about house prices in NW2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 2 lets within 380 metres of Flat 1, 12, Lichfield Road.
The latest, in December 2021, was 24B , Elm Grove, London, NW2 3AA, a leasehold flat let by Jorgensen Turner.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 109 addresses on Lichfield Road, London, NW2, Flat 1, 12, Lichfield Road comes out as the 20th largest and the 23rd most expensive in our analysis of the public data.
It is also £150k less expensive than the average property across the NW2 district.
More reading links
Schools Nearby
- 300mSt Agnes' Catholic Primary School
- 500mChilds Hill Primary School
- 800mAnson Primary School
- 300mHampstead School
- 1.8kmClarion
- 2.0kmQueens Park Community School
More reading links
Public Transport Nearby
From Flat 1, 12, Lichfield Road, the nearest station is Cricklewood, 200 metres away.
- 200mCricklewood
- 1.2kmWillesden Green
- 1.3kmKilburn
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.
