According to the public record, Flat 38, Taona House 1, Stanmore is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Taona House, Merrion Avenue, Stanmore, HA7.
Merrion Avenue, Stanmore, HA7 is located in the borough of Harrow within the HA7 postal district.
Flat 38, Taona House 1, Stanmore has a single entry in the Land Registry database from January 2021 and a single entry in the EPC database dated August 2020.
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 38 Taona House 1 Stanmore as £462,899 and the rental value as £1,751 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Flat 38 Taona House 1 Stanmore has decreased by £13,251 (2.9%) and its rental value has increased by £12 per month (0.7%).
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 38, Taona House 1, Stanmore is in very good condition we estimate a sale value of £486,044 and rental value of £1,838 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,496 and a rental value of £1,628 per month.
If you were able to purchase this property for the estimated value of £462,899, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,275 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 38, Taona House 1, Stanmore was last sold on 22 Jan 2021 for £520,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2021, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 38, Taona House 1, Stanmore within a radius of 530 metres over the last 2 years.
The most recent example is Flat 46, Taona House 1, Merrion Avenue, Stanmore, HA7 4BS, a Leasehold flat which sold for £415,000 in Jun 2022.
Read more about house prices in HA7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merrion Avenue, Stanmore, HA7 has a total of 292 addresses. According to our analysis of all the public data, Flat 38, Taona House 1, Stanmore is the 205th largest and the 229th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in HA7.
Flat 38, Taona House 1, Stanmore has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 38, Taona House 1, Stanmore is Stanmore station which is 100 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 38, Taona House 1, Stanmore, 45.4% of property is privately rented and 36.6% 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 Flat 38, Taona House 1, Stanmore, 23.5% of residents are recorded as possessing school level qualifications and 47.5% 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 38, Taona House 1, 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 38, Taona House 1, Stanmore, 1.0% 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 38, Taona House 1, Stanmore, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.