Flat 4, 130 Kilburn Park Road, London, Brent, Greater London, NW6 5FQ

Flat
969 sq ft
47.7%
PROPERTY VALUATION
£
Last sold: October 2018
VALUATION RANGE
£1.04M - £1.12M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£348,000
Percentage change: +47.7%
Good
Condition
Reasonable
Condition
Poor
Condition

At a sale price of £1.08M, we expect this property to be in a reasonable condition based on its price per square foot.

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

Flat 4, 130 Kilburn Park Road is a mid floor flat spread over 969 square feet, making it one of the bigger properties here - it is ranked as the 19th most expensive property* in NW6 5FQ, with a valuation of £1,078,000.

Since it last sold in October 2018 for £730,000, its value has increased by £348,000.

If home improvements have been made, ensure you update the valuation.

UPDATE VALUATION
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Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £1.04M and £1.12M.

  • This property has increased in price by £348,000 since it last sold in 2018 - this equates to a 7.3% rise each year.
  • The property turned out to be a amazing investment for the previous owner - returning on average 67.4% per annum.

  • 30 flats have sold at an average price of £729,420 in NW6 5 over the last 12 months.

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Sale history

The most paid for a property in Kilburn Park Road, NW6 5FQ was £1,065,000 in 2017.

Date Price Change
Today's value* £1,078,000 47.7%
17 Oct 2018 £730,000 58.9%
23 Nov 2017 £459,374 -
48%
This property has increased in price by 48% since it last sold 5 years ago
14%
This property is 14% more expensive than average in Kilburn Park Road, NW6 5FQ
  • At a sale price of £1.08M, we expect this property to be in a similar condition to the neighbouring properties in the road.
  • This property has a similar cost per square foot as other properties in the road, which is why we think it is in a reasonable condition.

  • At a valuation of £1.08M this property has a cost per square foot of £1,112 - this is comparable with the average for properties for the area (which is currently £1,051).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £1.02M. For it to sell for this amount, we would expect it to be in a similar state decoratively to the average property here and also have a similar sized plot of land.
  • We use survey data provided by RICS qualified surveyors to obtain the property's size. This is calculated in a slightly different way to how an estate agent will measure a property as it only includes habitable space.
  • To calculate the price per square foot, you divide the property's sale price by its total square footage.
Prices start at:
£598k
Average house price:
£946k
Most expensive:
£1.48M
Flat 4, 130 Kilburn Park Road, London is a flat with 969 square feet of internal space.
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Valuation details

The most likely sale price is £1,078,000 but at the lower end we think it should fetch a minimum of £1,040,000.

On a cost per square foot basis, this property is valued the same as the other houses in this postcode.

A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller garden (for more information see our valuation review) of this property.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £2,435,000.

UPDATE VALUATION
PropertyValuation
Flat 11, 110 Kilburn Park Road
581 sq.ft.
£634,000
Flat 5, 120 Kilburn Park Road
581 sq.ft.
£652,000
Flat 5, 100 Kilburn Park Road
581 sq.ft.
£884,000
Flat 7, 110 Kilburn Park Road
969 sq.ft.
£949,000
Flat 1, 100 Kilburn Park Road
1001 sq.ft.
£1,159,000
Investment Performance
Annual change: 67.4%

The previous owner had the property for 10 months, having purchased it in November 2017 for £459,374.

During this time, the price rose by £270,626 (58.9%), which equates to it increasing in value by 67.4% each year.

The property turned out to be a amazing investment for the previous owner.

The sale on 23 November 2017 was recorded as a non-residential transaction. This could be because a commercial mortgage was used, the property was repossessed or the owner extended the lease etc.

How does this property compare?

  • Most likely sale price: £1,078,000.
    • Cost per squre foot: £1,112 (at a valuation of £1,078,000)
    • The average cost per square foot for this postcode is £1115.
  • Leasehold flat.
    • 969 square feet.
    • 9% bigger than the average property in this postcode.
    • 14% more expensive than the average here.
  • Property energy rating: 84 (max. score 100).
    • This is similar to the average for this postcode.

The local market - NW6 5FQ

  • The average property price for this postcode is £946,000.
    • Prices here range from £598,000 to £1,476,000.
    • Expect to pay £947 to £1,282 per square foot for property in NW6 5FQ.
  • 14 properties have sold in NW6 5FQ over the last 5 years.
  • Kilburn Park Road has 7 postcodes associated with it.
    • The average price of property in Kilburn Park Road is £753,473.
    • Property in Kilburn Park Road typically sells for between £893 and £1,209 per square foot.
    • Properties in Kilburn Park Road are currently valued at an average cost per square foot of £1,051.

The property market across NW6 5

  • The average price paid for a flat in the area NW6 5 over the past year is £729k.
  • Flats have been selling for £743 per square foot across NW6 5.
  • 30 flats have sold over the last 12 months (in the area coverring NW6 5).
What does it cost to live in this area?

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings
Recent sales in the surrounding roads
Searching for recent sales near here

* Excluding properties that we've been unable to calculate a valuation for. ** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 29/02/2024 - this was released on the 28/03/2024.