As updated by Imagine in Jun 2022, Flat 40, Mayfield Court, Bushey is a modern 107 year lease apartment with 516 ft2 of internal area comprising 1 bedroom with a balcony.
There are 107 years remaining on the lease.
The apartment is in Mayfield Court, London Road, Bushey, WD23.
London Road, Bushey, WD23 is located in the borough of Hertsmere within the WD23 postal district.
Based on both the data supplied by Imagine and the public information available in the area, we estimate the current sale value for Flat 40 Mayfield Court Bushey as £273,441 and the rental value as £1,318 per month giving an expected gross yield of 5.8%.
Imagine described the decorative condition as fair in Jun 2022.
Over the last 12 months the sale value of Flat 40 Mayfield Court Bushey has decreased by £5,135 (1.9%) and its rental value has increased by £45 per month (3.4%).
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 Flat 40, Mayfield Court, Bushey is in very good condition we estimate a sale value of £287,113 and rental value of £1,384 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,300 and a rental value of £1,226 per month.
If you were able to purchase this property for the estimated value of £273,441, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,344 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 Imagine and HM Land Registry, Flat 40, Mayfield Court, Bushey was last sold on 30 Jun 2022 for £135,000 and was recorded as a leasehold flat.
The selling agent was Imagine. The property has had 3 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, Mayfield Court, Bushey within a radius of 610 metres over the last 2 years.
The most recent example is Flat 42, Mayfield Court, London Road, Bushey, WD23 2NN, a Leasehold flat which sold for £270,000 in Nov 2022.
Read more about house prices in WD23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to Flat 40, Mayfield Court, Bushey within a radius of 610 metres over the last 2 years.
Most recently Flat 32, Mayfield Court, London Road, Bushey, WD23 2NN, a Leasehold flat let by Imagine in Aug 2020.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Bushey, WD23 has a total of 63 addresses. According to our analysis of all the public data, Flat 40, Mayfield Court, Bushey is the 61st largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £306k less expensive than the average property in WD23.
Flat 40, Mayfield Court, Bushey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Mar 2016.
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 40, Mayfield Court, Bushey is Bushey 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 40, Mayfield Court, Bushey, 39.8% of property is privately owned outright and 33.9% 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 40, Mayfield Court, Bushey, 17.4% of residents are recorded as possessing school level qualifications and 42.4% 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 40, Mayfield Court, Bushey, the average age was 41 and the most common age was 42.
The graph below shows how this compares to East of England 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 40, Mayfield Court, Bushey, 1.7% of property was a second home.
Comparison figures for East of England 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 40, Mayfield Court, Bushey, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.