According to the public record, 18, Wessex Lane, Greenford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 751 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Wessex Lane, Greenford, UB6 is located in the borough of Ealing within the UB6 postal district.
18, Wessex Lane, Greenford has a single entry in the Land Registry database from October 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 18 Wessex Lane Greenford as £292,032 and the rental value as £1,701 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 18 Wessex Lane Greenford has decreased by £653 (0.2%) and its rental value has increased by £50 per month (2.9%).
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 18, Wessex Lane, Greenford is in very good condition we estimate a sale value of £306,634 and rental value of £1,786 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,590 and a rental value of £1,582 per month.
If you were able to purchase this property for the estimated value of £292,032, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,435 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 HM Land Registry, 18, Wessex Lane, Greenford was last sold on 12 Oct 2007 for £199,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2007, the market for similar properties has risen 49.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Wessex Lane, Greenford within a radius of 550 metres over the last 2 years.
The most recent example is 1, Blenheim Close, Greenford, UB6 8ET, a Leasehold flat which sold for £270,000 in Jul 2023.
Read more about house prices in UB6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wessex Lane, Greenford, UB6 has a total of 24 addresses. According to our analysis of all the public data, 18, Wessex Lane, Greenford is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in UB6.
The closest station to 18, Wessex Lane, Greenford is South Greenford station which is 600 metres 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 18, Wessex Lane, Greenford, 60.6% of property is socially rented and 13.8% is privately owned with a mortgage.
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 18, Wessex Lane, Greenford, 25.3% of residents are recorded as possessing school level qualifications and 29.7% 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 18, Wessex Lane, Greenford, the average age was 39.4 and the most common age was 42.
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 18, Wessex Lane, Greenford, 0.0% 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 18, Wessex Lane, Greenford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.