According to the public record, Flat 8, Banks House 2, Isleworth is a mid-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Banks House, Clifton Road, Isleworth, TW7.
Clifton Road, Isleworth, TW7 is located in the borough of Hounslow within the TW7 postal district.
Flat 8, Banks House 2, Isleworth has a single entry in the Land Registry database from May 2022 and a single entry in the EPC database dated March 2017.
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 8 Banks House 2 Isleworth as £205,367 and the rental value as £1,145 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 8 Banks House 2 Isleworth has increased by £7,703 (3.8%) and its rental value has increased by £59 per month (5.2%).
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 8, Banks House 2, Isleworth is in very good condition we estimate a sale value of £215,635 and rental value of £1,203 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,991 and a rental value of £1,065 per month.
If you were able to purchase this property for the estimated value of £205,367, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,009 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 8, Banks House 2, Isleworth was last sold on 10 May 2022 for £310,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Banks House 2, Isleworth within a radius of 430 metres over the last 2 years.
The most recent example is Flat 7, Banks House 2, Clifton Road, Isleworth, TW7 4FH, a Leasehold flat which sold for £195,000 in Apr 2023.
Read more about house prices in TW7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clifton Road, Isleworth, TW7 has a total of 42 addresses. According to our analysis of all the public data, Flat 8, Banks House 2, Isleworth is the 41st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £318k less expensive than the average property in TW7.
Flat 8, Banks House 2, Isleworth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Mar 2017.
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 8, Banks House 2, Isleworth is Isleworth station which is 600 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 8, Banks House 2, Isleworth, 36.1% of property is privately rented and 23.2% 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 8, Banks House 2, Isleworth, 21.1% of residents are recorded as possessing school level qualifications and 46.0% 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 8, Banks House 2, Isleworth, the average age was 35.6 and the most common age was 37.
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 8, Banks House 2, Isleworth, 1.4% 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 8, Banks House 2, Isleworth, 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.