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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 5, Forty Lane, Wembley is a early-century freehold house with 1,194 ft2 of internal area and sits on a 487 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Forty Lane, Wembley is £792,511 and the estimated rental value is £3,626 per month.
Forty Lane, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
5, Forty Lane, Wembley has 21 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 5, Forty Lane, Wembley is in very good condition we estimate a sale value of £832,137 and a rental value of £3,808 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £737,035 and a rental value of £3,372 per month.
Over the last 12 months the sale value of 5 Forty Lane Wembley has decreased by an estimated £31,293 (3.9%) and its rental value has increased by an estimated £51 per month (1.4%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 5, Forty Lane, Wembley sits on a plot of 487m2.
We have plot size data on 6 out of 6 other houses in the postcode and 5, Forty Lane, Wembley sits on the 7th largest plot.
5, Forty Lane, Wembley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jul 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Forty Lane, Wembley was last sold on 5th October 2020 for £425,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2020, the market for similar properties has dropped 23.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Forty Lane, Wembley within a radius of 460 metres over the last 2 years.
The most recent example is 19, Birchen Grove, London, NW9 8RT, a freehold house which sold for £700,000 on the 31st August 2023.
Read more about house prices in HA9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forty Lane, Wembley, HA9 has a total of 121 addresses. According to our analysis of all the public data, 5, Forty Lane, Wembley is the 42nd largest and the 18th most expensive property on the street.
When compared to the postcode district it is £311k more expensive than the average property in HA9.
The nearest school is Chalkhill Primary School which is 400 metres away. The nearest train station is Wembley Park which is 800 metres away.
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