According to the public record, 31, Morgans Lane, Hayes is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Morgans Lane, Hayes, UB3 is located in the borough of Hillingdon within the UB3 postal district.
31, Morgans Lane, Hayes has 21 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated November 2014.
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 31 Morgans Lane Hayes as £221,022 and the rental value as £1,196 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 31 Morgans Lane Hayes has decreased by £907 (0.4%) and its rental value has increased by £60 per month (5.0%).
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 31, Morgans Lane, Hayes is in very good condition we estimate a sale value of £232,073 and rental value of £1,256 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,551 and a rental value of £1,112 per month.
If you were able to purchase this property for the estimated value of £221,022, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,086 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, 31, Morgans Lane, Hayes was last sold on 11 Mar 2022 for £215,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2022, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Morgans Lane, Hayes within a radius of 500 metres over the last 2 years.
The most recent example is 37, Morgans Lane, Hayes, UB3 2UA, a Leasehold flat which sold for £225,000 in Oct 2023.
Read more about house prices in UB3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morgans Lane, Hayes, UB3 has a total of 36 addresses. According to our analysis of all the public data, 31, Morgans Lane, Hayes is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in UB3.
31, Morgans Lane, Hayes has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Nov 2014.
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 31, Morgans Lane, Hayes is Hayes & Harlington station which is 2.5 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 31, Morgans Lane, Hayes, 34.8% of property is socially rented and 23.2% 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 31, Morgans Lane, Hayes, 17.2% of residents are recorded as possessing school level qualifications and 28.4% 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 31, Morgans Lane, Hayes, the average age was 35.2 and the most common age was 12.
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 31, Morgans Lane, 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 31, Morgans Lane, Hayes, 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.