According to the public record, 2, Gainsborough Road, Hayes is a mid-century leasehold apartment with 497 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Gainsborough Road, Hayes, UB4 is located in the borough of Hillingdon within the UB4 postal district.
2, Gainsborough Road, Hayes has 21 entries in the Land Registry database, most recently in August 2016 and a single entry in the EPC database dated January 2012.
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 2 Gainsborough Road Hayes as £205,363 and the rental value as £1,082 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 2 Gainsborough Road Hayes has decreased by £1,485 (0.7%) and its rental value has increased by £51 per month (4.7%).
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 2, Gainsborough Road, Hayes is in very good condition we estimate a sale value of £215,631 and rental value of £1,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,988 and a rental value of £1,006 per month.
If you were able to purchase this property for the estimated value of £205,363, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,009 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, 2, Gainsborough Road, Hayes was last sold on 05 Aug 2016 for £215,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2016, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Gainsborough Road, Hayes within a radius of 740 metres over the last 2 years.
The most recent example is 4, Gainsborough Road, Hayes, UB4 8NZ, a Leasehold flat which sold for £225,000 in Dec 2020.
Read more about house prices in UB4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gainsborough Road, Hayes, UB4 has a total of 123 addresses. According to our analysis of all the public data, 2, Gainsborough Road, Hayes is the 74th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £231k less expensive than the average property in UB4.
2, Gainsborough Road, Hayes has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Jan 2012.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 2, Gainsborough Road, Hayes is Hillingdon station which is 2.0 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 2, Gainsborough Road, Hayes, 31.8% of property is privately owned with a mortgage and 24.6% is socially rented.
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 2, Gainsborough Road, Hayes, 31.8% of residents are recorded as possessing school level qualifications and 28.2% 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 2, Gainsborough Road, Hayes, the average age was 35.9 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 2, Gainsborough Road, Hayes, 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 2, Gainsborough Road, Hayes, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.