Flat 2, 56
Flat 2, 56
Description & Estimates
Public records show Flat 2, 56, Mill Lane to be a period leasehold apartment with 258 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a garden.
Flat 2, 56, Mill Lane has an estimated sale value of £258,685 and an estimated rental value of £1,312 per month, assuming reasonable condition and based on the information available.
The apartment sits within 56, Mill Lane, London, NW6.
Mill Lane, London, NW6 lies in the borough of Camden, within the NW6 postal district.
Our Data Sources
Flat 2, 56, Mill Lane has a single entry in the Land Registry from September 2014 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, 56, Mill Lane would be worth £271,619, with a potential rental value of £1,378 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £240,577, with a rental value of £1,220 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 56, Mill Lane has fallen by £103 (0.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £105 (8.0%). The property's estimated gross yield is currently 6.1%.
Energy Efficiency
Flat 2, 56, Mill Lane has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 2, 56, Mill Lane last changed hands on 4th September 2014, selling for £195,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 1.3% since September 2014.
- Sold Sep 2014£195,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 300 metres of Flat 2, 56, Mill Lane across the last 2 years.
Most recently, 78, Brassey Road, London, NW6 2BB, a leasehold flat, sold at £225,000 on the 24th May 2024.
Read more about house prices in NW6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2, 56, Mill Lane as the 403rd largest and the 406th most expensive of the 419 addresses on Mill Lane, London, NW6.
Against the NW6 postcode district average, it is £463k less expensive than the typical property.
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Schools Nearby
- 100mWest Hampstead Primary School
- 500mEmmanuel Church of England Primary School
- 900mSt Luke's Church of England School
- 700mHampstead School
- 1.7kmQueens Park Community School
- 2.0kmSt Augustine's Federated Schools: CE High School
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Public Transport Nearby
Kilburn station is the nearest stop to Flat 2, 56, Mill Lane at 500 metres away.
- 500mKilburn
- 600mWest Hampstead Thameslink
- 600mBrondesbury
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
