Sold STC Flat

FLAT 6

ELECTRIC HOUSE, 298, WILLESDEN LANE, LONDON, GREATER LONDON NW2 5BZ

1 beds 1 baths 614 sq ft Listed 6 Nov 2023 (-946d)

£180,000

Reduced on 29 Feb 2024

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# 1 bedroom apartment for sale (NW2 5BZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 6, ELECTRIC HOUSE, 298, WILLESDEN LANE, LONDON, GREATER LONDON NW2 5BZ |
| Price | £180,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Floor area | 57 m² |
| Last sold | £390,000 Jul 2024 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Current heating cost:** £180/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0834-3898-7915-9325-5615)

## Description

45% Shared Ownership. A well presented flat with a balcony, on the second floor of a modern and secure building in Willesden Green. This beautiful flat offers a large open plan kitchen-living area, one bedroom and a modern bathroom. There are also two sizable storage cupboards in the hallway. Electric House is a modern building with secure entry system located in the heart of Willesden Green. Willesden Green (Jubilee Line) Underground station is within a 5 minutes walk as well as number of bus routes into Central London. There is an array of shops, bars and restaurants on the door step.

## Property Photos

- ![Flat 6, Electric House - zwkiJrKwtP06PJBQajqL.jpg](/listings/photos/141727787/647544) - Flat 6, Electric House - zwkiJrKwtP06PJBQajqL.jpg
- ![Flat 6, Electric House - 2nP5mL7jL6H5bufbU5pk.jpg](/listings/photos/141727787/647547) - Flat 6, Electric House - 2nP5mL7jL6H5bufbU5pk.jpg
- ![Flat 6, Electric House - bB2e3w1E0S3l02OgPKAM.jpg](/listings/photos/141727787/647554) - Flat 6, Electric House - bB2e3w1E0S3l02OgPKAM.jpg
- ![Flat 6, Electric House - 6uFH7xvxY5rtpb5y1g1C.jpg](/listings/photos/141727787/647557) - Flat 6, Electric House - 6uFH7xvxY5rtpb5y1g1C.jpg
- ![Flat 6, Electric House - kYmacYdp1K3qjxuuUO18.jpg](/listings/photos/141727787/647562) - Flat 6, Electric House - kYmacYdp1K3qjxuuUO18.jpg
- ![Flat 6, Electric House - f7BGAgWRxGKT2dpr6rUd.jpg](/listings/photos/141727787/647566) - Flat 6, Electric House - f7BGAgWRxGKT2dpr6rUd.jpg
- ![Flat 6, Electric House - VYzmyGwgwHXAQw6SXsRL.jpg](/listings/photos/141727787/647572) - Flat 6, Electric House - VYzmyGwgwHXAQw6SXsRL.jpg
- ![Flat 6, Electric House - KrZQzeRAongrvYzYBfZq.jpg](/listings/photos/141727787/647575) - Flat 6, Electric House - KrZQzeRAongrvYzYBfZq.jpg
- ![Flat 6, Electric House - 9y74cSZ20EcbPllzXg8L.jpg](/listings/photos/141727787/647580) - Flat 6, Electric House - 9y74cSZ20EcbPllzXg8L.jpg
- ![Flat 6, Electric House - GEA9fYQBKCGcaNkBtTIU.jpg](/listings/photos/141727787/647586) - Flat 6, Electric House - GEA9fYQBKCGcaNkBtTIU.jpg

## Floorplans

- ![Flat 6, Electric House - WGRC5jND792n3hzcQIk3.jpg](/listings/photos/141727787/647592) - Flat 6, Electric House - WGRC5jND792n3hzcQIk3.jpg

## EPC Graphs

- ![EE Rating](/listings/photos/141727787/647595) - EE Rating

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| ELECTRIC HOUSE, 298 FLAT 6 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5BZ | £390,000 | 30/07/2024 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 9C DEAN ROAD, LONDON, BRENT, GREATER LONDON, NW2 5AB | £435,000 | 19/12/2025 | Flat |
| SPRINGHILL HOUSE, 249 10 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5DG | £435,000 | 02/12/2025 | Flat |
| 66B WALM LANE, LONDON, BRENT, GREATER LONDON, NW2 4RA | £155,000 | 24/02/2025 | Flat |
| 39B ST PAULS AVENUE, LONDON, BRENT, GREATER LONDON, NW2 5SS | £363,090 | 14/02/2025 | Flat |
| 39A ST PAULS AVENUE, LONDON, BRENT, GREATER LONDON, NW2 5SS | £340,590 | 14/02/2025 | Flat |
| SPRINGHILL HOUSE, 249 22 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5DG | £450,000 | 04/10/2023 | Flat |
| SPRINGHILL HOUSE, 249 18 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5DG | £264,800 | 04/10/2023 | Flat |
| 10 RUTLAND PARK GARDENS, LONDON, BRENT, GREATER LONDON, NW2 4RG | £725,000 | 09/08/2023 | Flat |
| SPRINGHILL HOUSE, 249 16 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5DG | £375,000 | 27/07/2023 | Flat |
| 16 FLAT 1 ST PAULS AVENUE, LONDON, BRENT, GREATER LONDON, NW2 5SX | £398,000 | 19/05/2023 | Flat |
| ELECTRIC HOUSE, 298 FLAT 10 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5BZ | £545,500 | 17/04/2023 | Flat |
| SPRINGHILL HOUSE, 249 38 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5DG | £250,000 | 03/03/2023 | Flat |
| 37 FLAT A ST PAULS AVENUE, LONDON, BRENT, GREATER LONDON, NW2 5SS | £690,000 | 23/02/2023 | Flat |
| SPRINGHILL HOUSE, 249 14 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5DG | £245,000 | 22/02/2023 | Flat |
| ELECTRIC HOUSE, 298 FLAT 24 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5BZ | £430,000 | 06/01/2023 | Flat |
| 37 FLAT 3 HEATHFIELD PARK, LONDON, BRENT, GREATER LONDON, NW2 5JE | £387,000 | 11/11/2022 | Flat |
| 18 SECOND FLOOR FLAT ST PAULS AVENUE, LONDON, BRENT, GREATER LONDON, NW2 5SX | £425,000 | 11/11/2022 | Flat |
| 13C ST PAULS AVENUE, LONDON, BRENT, GREATER LONDON, NW2 5SS | £505,000 | 30/09/2022 | Flat |
| 20 FLAT B HEATHFIELD PARK, LONDON, BRENT, GREATER LONDON, NW2 5JE | £368,000 | 06/07/2022 | Flat |
| 6A RUTLAND PARK GARDENS, LONDON, BRENT, GREATER LONDON, NW2 4RG | £712,000 | 05/05/2022 | Flat |

**Area average:** £424,949 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £501,174 (128 Flat, NW2, 2024–2026)
- **Deviation:** -64.1%

## Rental Range

*ONS Price Index of Private Rents (Brent). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,791/mo
- **Realistic:** £1,990/mo
- **Optimistic:** £2,189/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Inner North London (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,436/mo

## 1% Rule

- **Rent ratio:** 1.11% (strong)
- **Max investor price (0.8%):** £248,750
- **Target investor price (1%):** £199,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Price per Square Metre

- **£/m²:** £3,158/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 0%
- **10y growth:** -0.5%

## House Price Index (HM Land Registry)

*Official index for Brent; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -6.6%
- **5y growth (index):** -3.7%
- **10y growth (index):** -0.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Listing type

Shared ownership

Flat 6, Electric House - zwkiJrKwtP06PJBQajqL.jpg Flat 6, Electric House - 2nP5mL7jL6H5bufbU5pk.jpg Flat 6, Electric House - bB2e3w1E0S3l02OgPKAM.jpg Flat 6, Electric House - 6uFH7xvxY5rtpb5y1g1C.jpg Flat 6, Electric House - kYmacYdp1K3qjxuuUO18.jpg Flat 6, Electric House - f7BGAgWRxGKT2dpr6rUd.jpg Flat 6, Electric House - VYzmyGwgwHXAQw6SXsRL.jpg Flat 6, Electric House - KrZQzeRAongrvYzYBfZq.jpg Flat 6, Electric House - 9y74cSZ20EcbPllzXg8L.jpg Flat 6, Electric House - GEA9fYQBKCGcaNkBtTIU.jpg

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Property details

Listing category

Shared ownership

Tenure

LEASEHOLD (117 years remaining on lease)

Floor area

57 m²

EPC rating

Last sold

£390,000 Jul 2024

Price per m²

£3,158/m²

Local average

£501,174 (-64.1%)

Deprivation

Decile 2 (5,942 of 33,755)

Street crime

761 incidents within 1 mile (Apr 2026)

Key features

No Upper Chain
0.2 Miles to Willesden Green Underground Station
Immaculately Presented Throughout
Open Plan Kitchen-Living
639 Sq. Ft
Balcony

Description

Listed by

Willesden Green

Daniels

Reference: 141727787

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 28/09/2015

Current heating cost: £180/year

Potential heating cost: £180/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Flat 6, Electric House - WGRC5jND792n3hzcQIk3.jpg

EPC Graphs

EE Rating

Price history

Event	Date	Price	% change
Sold	30/07/2024 (1 year ago)	£390,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
9C DEAN ROAD, LONDON, BRENT, GREATER LONDON, NW2 5AB	£435,000	19/12/2025	Flat
SPRINGHILL HOUSE, 249 10 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5DG	£435,000	02/12/2025	Flat
66B WALM LANE, LONDON, BRENT, GREATER LONDON, NW2 4RA	£155,000	24/02/2025	Flat
39B ST PAULS AVENUE, LONDON, BRENT, GREATER LONDON, NW2 5SS	£363,090	14/02/2025	Flat
39A ST PAULS AVENUE, LONDON, BRENT, GREATER LONDON, NW2 5SS	£340,590	14/02/2025	Flat
SPRINGHILL HOUSE, 249 22 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5DG	£450,000	04/10/2023	Flat
SPRINGHILL HOUSE, 249 18 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5DG	£264,800	04/10/2023	Flat
10 RUTLAND PARK GARDENS, LONDON, BRENT, GREATER LONDON, NW2 4RG	£725,000	09/08/2023	Flat
SPRINGHILL HOUSE, 249 16 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5DG	£375,000	27/07/2023	Flat
16 FLAT 1 ST PAULS AVENUE, LONDON, BRENT, GREATER LONDON, NW2 5SX	£398,000	19/05/2023	Flat
ELECTRIC HOUSE, 298 FLAT 10 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5BZ	£545,500	17/04/2023	Flat
SPRINGHILL HOUSE, 249 38 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5DG	£250,000	03/03/2023	Flat
37 FLAT A ST PAULS AVENUE, LONDON, BRENT, GREATER LONDON, NW2 5SS	£690,000	23/02/2023	Flat
SPRINGHILL HOUSE, 249 14 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5DG	£245,000	22/02/2023	Flat
ELECTRIC HOUSE, 298 FLAT 24 WILLESDEN LANE, LONDON, BRENT, GREATER LONDON, NW2 5BZ	£430,000	06/01/2023	Flat
37 FLAT 3 HEATHFIELD PARK, LONDON, BRENT, GREATER LONDON, NW2 5JE	£387,000	11/11/2022	Flat
18 SECOND FLOOR FLAT ST PAULS AVENUE, LONDON, BRENT, GREATER LONDON, NW2 5SX	£425,000	11/11/2022	Flat
13C ST PAULS AVENUE, LONDON, BRENT, GREATER LONDON, NW2 5SS	£505,000	30/09/2022	Flat
20 FLAT B HEATHFIELD PARK, LONDON, BRENT, GREATER LONDON, NW2 5JE	£368,000	06/07/2022	Flat
6A RUTLAND PARK GARDENS, LONDON, BRENT, GREATER LONDON, NW2 4RG	£712,000	05/05/2022	Flat

Area average: £424,949 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 0%

10y growth -0.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Brent. Series: Flats and maisonettes. As of March 2026.

1y (index) -6.6%

5y (index) -3.7%

10y (index) -0.1%

Rental Range

Estimated market rent for Brent. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,791/mo

Realistic £1,990/mo

Optimistic £2,189/mo

Based on Local Authority from postcode lookup → Brent.

LHA (30th percentile) floor for Inner North London: £1,436/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NW2 5BZ

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Walm Lane	0.0 miles
Bus stop	Willesden Lane	0.0 miles
Shop	Mario	0.0 miles
Shop	Samaritans	0.0 miles
Train station	Willesden Green	0.2 miles
Train station	Dollis Hill	0.7 miles
University	Kennet West Skills Centre	1.8 miles
University	Scale Space White City	2.3 miles
Hospital	The Portland Hospital	3.9 miles
Hospital	Sleep & Health Clinic	4.0 miles

Street-level crime

Category	Count
Anti-social behaviour	193
Violence and sexual offences	179
Other theft	71
Vehicle crime	58
Public order	45
Drugs	44
Shoplifting	37
Theft from the person	32
Burglary	31
Criminal damage and arson	27
Robbery	26
Other crime	7
Bicycle theft	6
Possession of weapons	5
Total incidents	761

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Convent of Jesus and Mary RC Infant School	Primary	0.2 miles	Outstanding — 24 Jan 2024
St Mary Magdalen's Catholic Junior School	Primary	0.2 miles	Good — 2 Sep 2014
Gladstone Park Primary School	Primary	0.4 miles	Good — 6 Jun 2017
Anson Primary School	Primary	0.5 miles	Good — 1 Jun 2015
St Andrew and St Francis CofE Primary School	Primary	0.5 miles	Good — 22 Dec 2017

Rental Comparables

Loading rental comparables for this postcode. Refresh in a few minutes.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 1.11%

Max investor price (0.8%) £248,750

Target investor price (1%) £199,000

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).

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