According to the public record, Flat 7, Mill House, Southall is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 621 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Mill House, Windmill Place, Southall, UB2.
Windmill Place, Southall, UB2 is located in the borough of Ealing within the UB2 postal district.
Flat 7, Mill House, Southall has a single entry in the Land Registry database from September 2017 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 Flat 7 Mill House Southall as £311,825 and the rental value as £1,624 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 7 Mill House Southall has increased by £5,175 (1.7%) and its rental value has increased by £101 per month (6.2%).
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 7, Mill House, Southall is in very good condition we estimate a sale value of £327,416 and rental value of £1,705 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,997 and a rental value of £1,511 per month.
If you were able to purchase this property for the estimated value of £311,825, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,533 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 7, Mill House, Southall was last sold on 25 Sep 2017 for £290,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2017, the market for similar properties has risen 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Mill House, Southall within a radius of 750 metres over the last 2 years.
The most recent example is Flat 10, Chaucer House, Hilda Road, Southall, UB2 4FN, a Leasehold flat which sold for £375,000 in Jun 2021.
Read more about house prices in UB2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Windmill Place, Southall, UB2 has a total of 90 addresses. According to our analysis of all the public data, Flat 7, Mill House, Southall is the 23rd largest and the 56th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in UB2.
The closest station to Flat 7, Mill House, Southall is Hanwell station which is 1.2 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 7, Mill House, Southall, 71.8% of property is socially rented and 12.1% 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 Flat 7, Mill House, Southall, 16.1% of residents are recorded as possessing school level qualifications and 24.8% 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 7, Mill House, Southall, the average age was 35.7 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 7, Mill House, Southall, 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 7, Mill House, Southall, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.