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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat F, 3, Gateforth Street is £340,923 and the estimated rental value is £1,812 per month.
The apartment is within 3, Gateforth Street, London, NW8.
Gateforth Street, London, NW8 is located in the borough of City of Westminster within the NW8 postal district.
Flat F, 3, Gateforth Street has 21 entries in the Land Registry , most recently in January 2008 and a single entry in the EPC database dated November 2020.
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 F, 3, Gateforth Street is in very good condition we estimate a sale value of £357,969 and a rental value of £1,903 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,058 and a rental value of £1,686 per month.
Over the last 12 months the sale value of Flat F 3 Gateforth Street has decreased by an estimated £6,253 (1.8%) and its rental value has increased by an estimated £91 per month (5.0%), giving an expected gross yield of 6.4%.
Flat F, 3, Gateforth Street has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Nov 2020.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat F, 3, Gateforth Street was last sold on 9th January 2008 for £275,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2008, the market for similar properties has risen 48.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat F, 3, Gateforth Street within a radius of 220 metres over the last 2 years.
The most recent example is Flat 72, Morris House, Salisbury Street, London, NW8 8QB, a leasehold flat which sold for £375,000 on the 20th October 2023.
Read more about house prices in NW8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gateforth Street, London, NW8 has a total of 14 addresses. According to our analysis of all the public data, Flat F, 3, Gateforth Street is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £918k less expensive than the average property in NW8.
The closest station to Flat F, 3, Gateforth Street is Edgware Road station which is 500 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 F, 3, Gateforth Street, 50.0% of property is socially rented and 34.7% is privately rented.
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 F, 3, Gateforth Street, 29.2% of residents are recorded as possessing school level qualifications and 44.1% 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 F, 3, Gateforth Street, 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 F, 3, Gateforth Street, 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 F, 3, Gateforth Street, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.