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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 8, Simpson House 8 is £205,671 and the estimated rental value is £1,109 per month.
The apartment is within Simpson House, Casey Close, London, NW8.
Casey Close, London, NW8 is located in the borough of City of Westminster within the NW8 postal district.
Flat 8, Simpson House 8 has a single entry in the Land Registry from November 2007 and a single entry in the EPC database dated February 2019.
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 8, Simpson House 8 is in very good condition we estimate a sale value of £215,955 and a rental value of £1,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,274 and a rental value of £1,032 per month.
Over the last 12 months the sale value of Flat 8 Simpson House 8 has decreased by an estimated £3,574 (1.7%) and its rental value has increased by an estimated £56 per month (5.0%), giving an expected gross yield of 6.5%.
Flat 8, Simpson House 8 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 8, Simpson House 8 was last sold on 9th November 2007 for £192,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2007, the market for similar properties has risen 123.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Simpson House 8 within a radius of 250 metres over the last 2 years.
The most recent example is Flat 41, Simpson House 8, Casey Close, London, NW8 8TU, a leasehold flat which sold for £237,500 on the 31st May 2024.
Read more about house prices in NW8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Casey Close, London, NW8 has a total of 162 addresses. According to our analysis of all the public data, Flat 8, Simpson House 8 is the 59th largest and the 100th most expensive property on the street.
When compared to the postcode district it is £1.053m less expensive than the average property in NW8.
The closest station to Flat 8, Simpson House 8 is London Marylebone station which is 600 metres away.
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 8, Simpson House 8, 87.7% of property is socially rented and 4.5% is privately owned outright.
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 8, Simpson House 8, 25.9% of residents are recorded as possessing school level qualifications and 36.6% 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 8, Simpson House 8, the average age was 37 and the most common age was 22.
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 8, Simpson House 8, 0.0% 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 8, Simpson House 8, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.