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Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 101, Mortise House 21, Hayes is £404,732 and its rental estimate is £2,177 per month, given the available information and assuming reasonable condition.
Mortise House, Chailey Place is a residential building on Chailey Place, Hayes, UB3 and falls within the UB3 postal district and the borough of Hillingdon.
Flat 101, Mortise House 21, Hayes has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 101, Mortise House 21, Hayes, we estimate a market value of £424,969 and a rental value of £2,285 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £376,401 and £2,024 per month respectively.
Over the last year, Flat 101, Mortise House 21, Hayes has seen its estimated sale value move down by £7,196 (1.8%) and its estimated rental value increase by £10 per month (0.5%). This results in an estimated gross rental yield of 6.5%.
Flat 101, Mortise House 21, Hayes has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Apr 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
The most recent sale of Flat 101, Mortise House 21, Hayes completed on 23rd June 2023 at £440,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 13.2% over the period since June 2023.
Over the past 2 years 3 properties similar to Flat 101, Mortise House 21, Hayes have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th July 2023, was Flat 110, Mortise House 21, Chailey Place, Hayes, UB3 3FL, a leasehold flat which sold for £425,000.
Read more about house prices in UB3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 192 addresses on Chailey Place, Hayes, UB3, Flat 101, Mortise House 21, Hayes comes out as the 71st largest and the 42nd most expensive in our analysis of the public data.
It is also £7k more expensive than the average property across the UB3 district.
From Flat 101, Mortise House 21, Hayes, the nearest station is Hayes & Harlington, 500 metres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 101, Mortise House 21, Hayes, 34.7% of property is socially rented and 31.5% 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 101, Mortise House 21, Hayes, 25.0% of residents are recorded as possessing school level qualifications and 26.4% 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 101, Mortise House 21, Hayes, the average age was 34.5 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 101, Mortise House 21, Hayes, 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 101, Mortise House 21, Hayes, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.