179B, Park Lane
179B, Park Lane
Description & Estimates
Public records show 179B, Park Lane, Wembley to be an early-century leasehold apartment with 592 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
179B, Park Lane, Wembley has an estimated sale value of £296,195 and an estimated rental value of £1,788 per month, assuming reasonable condition and based on the information available.
The apartment sits within 179, Park Lane, Wembley, HA9.
Park Lane, Wembley, HA9 lies in the borough of Brent, within the HA9 postal district.
Our Data Sources
179B, Park Lane, Wembley has a single entry in the Land Registry from December 2014 and a single entry in the EPC database dated August 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 179B, Park Lane, Wembley would be worth £311,005, with a potential rental value of £1,877 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £275,461, with a rental value of £1,663 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 179B, Park Lane, Wembley has fallen by £5,875 (2.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £74 (4.1%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
179B, Park Lane, Wembley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
179B, Park Lane, Wembley last changed hands on 19th December 2014, selling for £290,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 11.9% since December 2014.
- Sold Dec 2014£290,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of 179B, Park Lane, Wembley across the last 2 years.
Most recently, 103 Alexandra Court, Empire Way, Wembley, HA9 0QZ, a leasehold flat, sold at £330,000 on the 15th August 2024.
Read more about house prices in HA9.
- Sold Aug 2024£330,000 | 2 Bed FlatEmpire Way103 Alexandra Court, Empire Way, Wembley, HA9 0QZ
- Sold Jun 2022£349,000 | 2 Bed Flat135, Wembley Hill RoadFlat A, 135, Wembley Hill Road, Wembley, HA9 8DT
- Sold Jun 2022£548,000 | 2 Bed Flat135, Wembley Hill RoadFlat D, 135, Wembley Hill Road, Wembley, HA9 8DT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Agents in our network have reported 1 letting within 430 metres of 179B, Park Lane, Wembley across the last 2 years.
The newest of these is 88B, Wembley Hill Road, Wembley, HA9 8DZ, a leasehold flat let by Jorgensen Turner in July 2022.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Our analysis of the public data ranks 179B, Park Lane, Wembley as the 310th largest and the 363rd most expensive of the 368 addresses on Park Lane, Wembley, HA9.
Against the HA9 postcode district average, it is £185k less expensive than the typical property.
More reading links
Schools Nearby
- 300mPark Lane Primary School
- 400mWembley Primary School
- 700mSt Joseph's Catholic Junior School
- 700mArk Elvin Academy
- 1.0kmMichaela Community School
- 1.5kmWembley High Technology College
More reading links
Public Transport Nearby
Wembley Stadium station is the nearest stop to 179B, Park Lane, Wembley at 500 metres away.
- 500mWembley Stadium
- 800mWembley Central
- 1.0kmWembley Park
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
