According to the public record, Flat 2, Milburn House, Stanmore is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Milburn House, Ray Gardens, Stanmore, HA7.
Ray Gardens, Stanmore, HA7 is located in the borough of Harrow within the HA7 postal district.
Flat 2, Milburn House, Stanmore has 2 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated July 2021.
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 good condition, we estimate the current sale value for Flat 2 Milburn House Stanmore as £341,260 and the rental value as £1,734 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 2 Milburn House Stanmore has decreased by £3,076 (0.9%) and its rental value has increased by £38 per month (2.2%).
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 Flat 2, Milburn House, Stanmore is in very good condition we estimate a sale value of £358,323 and rental value of £1,821 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,371 and a rental value of £1,613 per month.
If you were able to purchase this property for the estimated value of £341,260, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,677 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, Flat 2, Milburn House, Stanmore was last sold on 30 Nov 2022 for £350,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2022, the market for similar properties has dropped 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Milburn House, Stanmore within a radius of 500 metres over the last 2 years.
The most recent example is Flat 10, Stanmore House 15-19, Church Road, Stanmore, HA7 4AR, a Leasehold flat which sold for £320,000 in Sep 2022.
Read more about house prices in HA7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ray Gardens, Stanmore, HA7 has a total of 16 addresses. According to our analysis of all the public data, Flat 2, Milburn House, Stanmore is the 10th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £321k less expensive than the average property in HA7.
Flat 2, Milburn House, Stanmore has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Jul 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, Milburn House, Stanmore is Stanmore station which is 700 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 Flat 2, Milburn House, Stanmore, 35.6% of property is privately owned outright and 30.3% 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 Flat 2, Milburn House, Stanmore, 22.7% of residents are recorded as possessing school level qualifications and 55.2% 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 Flat 2, Milburn House, Stanmore, the average age was 44.6 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 Flat 2, Milburn House, Stanmore, 0.3% 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 Flat 2, Milburn House, Stanmore, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.