According to the public record, 10A, Money Lane, West Drayton is a mid-century leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 10, Money Lane, West Drayton, UB7.
Money Lane, West Drayton, UB7 is located in the borough of Hillingdon within the UB7 postal district.
10A, Money Lane, West Drayton has a single entry in the Land Registry database from November 2023 and a single entry in the EPC database dated April 2023.
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 10A Money Lane West Drayton as £289,415 and the rental value as £1,666 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 10A Money Lane West Drayton has decreased by £4,813 (1.7%) and its rental value has increased by £124 per month (7.4%).
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 10A, Money Lane, West Drayton is in very good condition we estimate a sale value of £303,886 and rental value of £1,750 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,156 and a rental value of £1,550 per month.
If you were able to purchase this property for the estimated value of £289,415, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,422 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, 10A, Money Lane, West Drayton was last sold on 15 Nov 2023 for £285,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2023, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10A, Money Lane, West Drayton within a radius of 690 metres over the last 2 years.
The most recent example is 17, Classon Close, West Drayton, UB7 7JU, a Leasehold flat which sold for £290,600 in Apr 2019.
Read more about house prices in UB7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Money Lane, West Drayton, UB7 has a total of 81 addresses. According to our analysis of all the public data, 10A, Money Lane, West Drayton is the 21st largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in UB7.
10A, Money Lane, West Drayton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 10A, Money Lane, West Drayton is West Drayton station which is 900 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 10A, Money Lane, West Drayton, 40.2% of property is privately owned with a mortgage and 32.3% 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 10A, Money Lane, West Drayton, 19.7% of residents are recorded as possessing school level qualifications and 28.1% 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 10A, Money Lane, West Drayton, the average age was 35.9 and the most common age was 32.
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 10A, Money Lane, West Drayton, 0.5% 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 10A, Money Lane, West Drayton, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.