According to the public record, Basement, 240, Horn Lane, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 489 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 240, Horn Lane, London, W3.
Horn Lane, London, W3 is located in the borough of Ealing within the W3 postal district.
Basement, 240, Horn Lane, London has 21 entries in the Land Registry database, most recently in May 2021 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 Basement 240 Horn Lane London as £349,734 and the rental value as £1,892 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Basement 240 Horn Lane London has increased by £5,211 (1.5%) and its rental value has increased by £105 per month (5.6%).
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 Basement, 240, Horn Lane, London is in very good condition we estimate a sale value of £367,220 and rental value of £1,987 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,252 and a rental value of £1,760 per month.
If you were able to purchase this property for the estimated value of £349,734, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,719 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, Basement, 240, Horn Lane, London was last sold on 28 May 2021 for £295,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2021, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement, 240, Horn Lane, London within a radius of 440 metres over the last 2 years.
The most recent example is Flat 5, 22, York Road, London, W3 6TP, a Leasehold flat which sold for £338,500 in Feb 2024.
Read more about house prices in W3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets of properties similar to Basement, 240, Horn Lane, London within a radius of 440 metres over the last 2 years.
Most recently 319B, Horn Lane, London, W3 0BU, a Leasehold flat let by Jorgensen Turner in Aug 2023.
Horn Lane, London, W3 has a total of 730 addresses. According to our analysis of all the public data, Basement, 240, Horn Lane, London is the 543rd largest and the 382nd most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in W3.
The closest station to Basement, 240, Horn Lane, London is Acton Main Line station which is 200 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 Basement, 240, Horn Lane, London, 36.8% of property is socially rented and 36.0% is privately 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 Basement, 240, Horn Lane, London, 22.1% of residents are recorded as possessing school level qualifications and 42.3% 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 Basement, 240, Horn Lane, London, the average age was 33.6 and the most common age was 17.
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 Basement, 240, Horn Lane, London, 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 Basement, 240, Horn Lane, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.