Flat 2, 21 Lower Merton Rise, London, NW3 3RA is a leasehold flat built between 1967-1975. The property offers approximately 1,227 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £879,024 , which equates to approximately £716 per square foot. It was last sold on 2 Sep 1998 for £200,000. Since then, the value has increased by £679,024, representing a 339.5% increase, or approximately 12.4% per year.

The current estimated value of £879,024 is:

  • 39.1% lower than the average property price on Lower Merton Rise
  • 35.1% lower than the average in the NW3 3RA postcode area
  • and 0.4% higher than the average price for London as a whole

View sold house prices in NW3 3RA

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
1227 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£879,024
Price Per sq ft (estimate)
£716
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 2, 21 Lower Merton Rise, London, Camden, Greater London Authority, NW3 3RA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Nov 2018.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Oct 2008, and the property received the same rating of C with an unchanged energy efficiency score of 71.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched to (another dwelling above), changing energy efficiency from very good to n/a.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to cavity wall, as built, no insulation (assumed), improving energy efficiency from very poor to poor.
  • 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
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NW3 3RA

10 th / 13
Price Rank
35% lower than average
7 th / 13
Size Rank
22% smaller than average
12 th / 13
Price Per Sq FT Rank
17% lower than average

Compared to other properties in NW3 3RA , this flat's estimated value ranks 10th out of 13. Based on price per square foot, it ranks 12th out of 13 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 7th out of 13 properties in its postcode area.

Sale History

Today
£879,024
streetscan.co.uk estimate
+340 %
2 Sep 1998
£200,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1055 sq ft
sale price: £625,000
sale date: 12 Jan 2023
rooms: 4
size: 1055 sq ft
sale price: £348,000
sale date: 14 Aug 2006
rooms: 4
size: 1066 sq ft
sale price: £200,000
sale date: 17 Aug 1998

Data Sources

The property at Flat 2, 21 Lower Merton Rise, London, Camden, Greater London Authority, NW3 3RA appears once in the Land Registry records, with the transaction recorded on 2 Sep 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Nov 2018. 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.