According to the public record, 1, Park Lane, Hounslow is a early-century freehold house with 807 ft2 of internal area and sits on a 308 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Park Lane, Cranford, Hounslow, TW5 is located in the borough of Hounslow within the TW5 postal district.
1, Park Lane, Hounslow has a single entry in the Land Registry database from August 2015 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Park Lane Hounslow as £470,163 and the rental value as £2,267 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 1 Park Lane Hounslow has increased by £17,597 (3.7%) and its rental value has increased by £188 per month (8.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Park Lane, Hounslow is in very good condition we estimate a sale value of £493,671 and rental value of £2,380 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £437,252 and a rental value of £2,108 per month.
If you were able to purchase this property for the estimated value of £470,163, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,311 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Park Lane, Hounslow sits on a plot of 308m2.
We have plot size data on 3 out of 8 other houses in the postcode and 1, Park Lane, Hounslow sits on the 2nd largest plot.
According to HM Land Registry, 1, Park Lane, Hounslow was last sold on 28 Aug 2015 for £345,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2015, the market for similar properties has risen 37.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Park Lane, Hounslow within a radius of 700 metres over the last 2 years.
The most recent example is 116, Waye Avenue, Hounslow, TW5 9SF, a Freehold house which sold for £450,000 in Mar 2023.
Read more about house prices in TW5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Cranford, Hounslow, TW5 has a total of 8 addresses. According to our analysis of all the public data, 1, Park Lane, Hounslow is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in TW5.
1, Park Lane, Hounslow has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Park Lane, Hounslow is Hatton Cross station which is 1.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Park Lane, Hounslow, 61.3% of property is privately rented and 23.2% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Park Lane, Hounslow, 16.3% of residents are recorded as possessing school level qualifications and 23.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Park Lane, Hounslow, the average age was 36.6 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Park Lane, Hounslow, 0.7% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Park Lane, Hounslow, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.