55 Ormonde Terrace, London, NW8 7LR is a leasehold flat built before 1900. The property offers approximately 334 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £480,987 , which equates to approximately £1,441 per square foot. It was last sold on 28 Oct 2011 for £365,000. Since then, the value has increased by £115,987, representing a 31.8% increase, or approximately 2.2% per year.

The current estimated value of £480,987 is:

  • 36.9% lower than the average property price on Ormonde Terrace
  • 53.7% lower than the average in the NW8 7LR postcode area
  • and 42.4% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 26 October 2021, the property was recorded as rented.

View sold house prices in NW8 7LR

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
334 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£480,987
Price Per sq ft (estimate)
£1,441
Bedroom Count (estimate)
1 bedroom

EPC Summary

55 Ormonde Terrace, London, City Of Westminster, Greater London, NW8 7LR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 26 Oct 2021.

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 have full secondary glazing.

The previous EPC assessment was conducted on 10 Sep 2010, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 25.9%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The windows were upgraded from single glazed to full secondary glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NW8 7LR

28 th / 31
Price Rank
54% lower than average
24 th / 24
Size Rank
58% smaller than average
4 th / 24
Price Per Sq FT Rank
10% higher than average

Compared to other properties in NW8 7LR , this flat's estimated value ranks 28th out of 31. Based on price per square foot, it ranks 4th out of 24 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 24th out of 24 properties in its postcode area.

Sale History

Today
£480,987
streetscan.co.uk estimate
+32 %
28 Oct 2011
£365,000
Leasehold
+386.7 %
4 Mar 1997
£75,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 366 sq ft
sale price: £475,000
sale date: 7 Jul 2023
rooms: 1
size: 344 sq ft
sale price: £210,000
sale date: 29 Jun 2007
rooms: 1
size: 334 sq ft
sale price: £450,000
sale date: 11 Nov 2024
rooms: 1
size: 291 sq ft
sale price: £360,000
sale date: 21 Oct 2020
rooms: 2
size: 323 sq ft
sale price: £500,000
sale date: 22 May 2015

Data Sources

The property at 55 Ormonde Terrace, London, NW8 7LR appears two times in the Land Registry records, with the latest transaction recorded on 28 Oct 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Oct 2021. 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.