53 Cressfield Close, London, NW5 4BN is a freehold flat built between 1967-1975. The property offers approximately 538 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £373,495 , which equates to approximately £694 per square foot. It was last sold on 6 Jun 2024 for £405,000. Since then, the value has decreased by £31,505, representing a 7.8% decrease, or approximately 5.1% per year.

The current estimated value of £373,495 is:

  • 15.8% lower than the average property price on Cressfield Close
  • 18.3% lower than the average in the NW5 4BN postcode area
  • and 57.3% lower than the average price for London as a whole

Based on EPC inspection history, this property has been mostly rented (2 out of 3 inspections). This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 16 July 2024, the property was recorded as rented.

View sold house prices in NW5 4BN

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
538 sq ft
Tenure
Freehold
Floor level
2nd floor
Price (estimate)
£373,495
Price Per sq ft (estimate)
£694
Bedroom Count (estimate)
1 bedroom

EPC Summary

53 Cressfield Close, London, Camden, Greater London, NW5 4BN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Jul 2024.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 Feb 2024. The rating of C is unchanged, though the energy efficiency score decreased by 1.4%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, limited insulation (assumed) to pitched, 50 mm loft insulation, with no change in energy efficiency (poor).
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 45% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NW5 4BN

5 th / 14
Price Rank
18% lower than average
4 th / 12
Size Rank
11% smaller than average
6 th / 12
Price Per Sq FT Rank
8% lower than average

Compared to other properties in NW5 4BN , this flat's estimated value ranks 5th out of 14. Based on price per square foot, it ranks 6th out of 12 properties. In terms of size, this home ranks 4th out of 12 properties in its postcode area.

Sale History

Today
£373,495
streetscan.co.uk estimate
-8 %
6 Jun 2024
£405,000
Leasehold
+8 %
3 Jul 2015
£375,000
Leasehold
+50 %
31 Oct 2012
£249,995
Leasehold
+2 %
3 Aug 2010
£245,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 527 sq ft
sale price: £380,000
sale date: 17 Oct 2023
rooms: 2
size: 506 sq ft
sale price: £400,000
sale date: 2 Dec 2022
rooms: 2
size: 506 sq ft
sale price: £410,400
sale date: 6 Apr 2022
rooms: 2
size: 560 sq ft
sale price: £400,000
sale date: 19 Nov 2021
rooms: 2
size: 570 sq ft
sale price: £375,000
sale date: 30 Jun 2021

Data Sources

The property at 53 Cressfield Close, London, NW5 4BN appears four times in the Land Registry records, with the latest transaction recorded on 6 Jun 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jul 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.