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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 40, Menelik Road is £584,435 and the estimated rental value is £2,491 per month.
The apartment is within 40, Menelik Road, London, NW2.
Menelik Road, London, NW2 is located in the borough of Camden within the NW2 postal district.
Flat 2, 40, Menelik Road has a single entry in the Land Registry from July 2010 and a single entry in the EPC database dated September 2008.
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.
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 Flat 2, 40, Menelik Road is in very good condition we estimate a sale value of £613,657 and a rental value of £2,615 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £543,525 and a rental value of £2,316 per month.
Over the last 12 months the sale value of Flat 2 40 Menelik Road has decreased by an estimated £14,824 (2.5%) and its rental value has increased by an estimated £136 per month (5.5%), giving an expected gross yield of 5.1%.
Flat 2, 40, Menelik Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Sep 2008.
The property is connected to mains gas and has partial double glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 2, 40, Menelik Road was last sold on 30th July 2010 for £395,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2010, the market for similar properties has risen 40.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 40, Menelik Road within a radius of 480 metres over the last 2 years.
The most recent example is Flat 2, 1, Hillfield Road, London, NW6 1QD, a leasehold flat which sold for £690,000 on the 16th June 2025.
Read more about house prices in NW2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Menelik Road, London, NW2 has a total of 71 addresses. According to our analysis of all the public data, Flat 2, 40, Menelik Road is the 56th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £19k more expensive than the average property in NW2.
The closest station to Flat 2, 40, Menelik Road is Cricklewood station which is 700 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 40, Menelik Road, 38.2% of property is privately owned outright and 31.8% is privately owned with a mortgage.
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 Flat 2, 40, Menelik Road, 14.7% of residents are recorded as possessing school level qualifications and 76.1% 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 Flat 2, 40, Menelik Road, the average age was 37.6 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 Flat 2, 40, Menelik Road, 3.3% 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 Flat 2, 40, Menelik Road, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.