According to the public record, Flat 3, Essex House 18, Stanmore is a modern leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Essex House, Douglas Close, Stanmore, HA7.
Douglas Close, Stanmore, HA7 is located in the borough of Harrow within the HA7 postal district.
Flat 3, Essex House 18, Stanmore has a single entry in the Land Registry database from October 2022 and a single entry in the EPC database dated June 2022.
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 Flat 3 Essex House 18 Stanmore as £290,747 and the rental value as £1,445 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 3 Essex House 18 Stanmore has decreased by £2,828 (1.0%) and its rental value has increased by £32 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 3, Essex House 18, Stanmore is in very good condition we estimate a sale value of £305,284 and rental value of £1,517 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,395 and a rental value of £1,344 per month.
If you were able to purchase this property for the estimated value of £290,747, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,429 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 3, Essex House 18, Stanmore was last sold on 17 Oct 2022 for £282,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2022, the market for similar properties has dropped 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Essex House 18, Stanmore within a radius of 580 metres over the last 2 years.
The most recent example is 21 Cherchefelle Mews, Green Lane, Stanmore, HA7 3AA, a Leasehold flat which sold for £325,000 in Jun 2019.
Read more about house prices in HA7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Douglas Close, Stanmore, HA7 has a total of 79 addresses. According to our analysis of all the public data, Flat 3, Essex House 18, Stanmore is the 31st largest and the 60th most expensive property on the street.
When compared to the postcode district it is £372k less expensive than the average property in HA7.
Flat 3, Essex House 18, Stanmore has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Jun 2022.
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 Flat 3, Essex House 18, Stanmore is Stanmore station which is 1.4 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 Flat 3, Essex House 18, Stanmore, 49.6% of property is socially rented and 20.6% 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 3, Essex House 18, Stanmore, 27.5% of residents are recorded as possessing school level qualifications and 28.9% 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 3, Essex House 18, Stanmore, the average age was 40.1 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 Flat 3, Essex House 18, Stanmore, 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 Flat 3, Essex House 18, 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.