Flat 1, 36
Flat 1, 36
Description & Estimates
Flat 1, 36, Platts Lane is recorded publicly as a period leasehold apartment across 1,377 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 36, Platts Lane is £1,082,497 and its rental estimate is £4,592 per month, given the available information and assuming reasonable condition.
36, Platts Lane is a residential building on Platts Lane, London, NW3 and falls within the NW3 postal district and the London Borough of Camden.
Our Data Sources
Flat 1, 36, Platts Lane has 2 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property 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, 36, Platts Lane, we estimate a market value of £1,136,622 and a rental value of £4,822 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,006,722 and £4,271 per month respectively.
Recent Market Change
Over the last year, Flat 1, 36, Platts Lane has seen its estimated sale value decline by £19,885 (1.8%) and its estimated rental value climb by £270 per month (5.9%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
Flat 1, 36, Platts Lane has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Feb 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 1, 36, Platts Lane completed on 3rd September 2021 at £1,320,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 3.6% over the period since September 2021.
- Sold Sep 2021£1,320,000
- Sold Jan 2014£880,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 36, Platts Lane have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th June 2024, was 10A, Platts Lane, London, NW3 7NR, a leasehold flat which sold for £915,000.
Read more about house prices in NW3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 151 addresses on Platts Lane, London, NW3, Flat 1, 36, Platts Lane comes out as the 67th largest and the 70th most expensive in our analysis of the public data.
It is also £242k less expensive than the average property across the NW3 district.
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Schools Nearby
- 400mSt Luke's Church of England School
- 600mAll Saints' CofE Primary School NW2
- 1.0kmHampstead Parochial Church of England Primary School
- 1.2kmHampstead School
- 2.2kmThe Henrietta Barnett School
- 2.3kmClarion
More reading links
Public Transport Nearby
From Flat 1, 36, Platts Lane, the nearest station is Hampstead, 1.0 kilometres away.
- 1.0kmHampstead
- 1.2kmGolders Green
- 1.4kmFinchley Road & Frognal
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.
