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In this area, apartments of this size are normally studios.
Flat 118, Wem Tower 1, Wembley has an estimated sale value of £243,325 and an estimated rental value of £1,451 per month, assuming reasonable condition and based on the information available.
The apartment sits within Wem Tower, Harrow Road, Wembley, HA9.
Harrow Road, Wembley, HA9 lies in the borough of Brent, within the HA9 postal district.
Flat 118, Wem Tower 1, Wembley has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
We combine this information with public data 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.
In very good condition, we estimate Flat 118, Wem Tower 1, Wembley would be worth £255,491, with a potential rental value of £1,524 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £226,292, with a rental value of £1,350 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 118, Wem Tower 1, Wembley has dropped by £3,340 (1.4%) over the last year. During the same period, its estimated monthly rental value has risen by £50 (3.5%). The property's estimated gross yield is currently 7.2%.
Flat 118, Wem Tower 1, Wembley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 570 metres of Flat 118, Wem Tower 1, Wembley across the last 2 years.
Most recently, Flat 1404, Wem Tower 1, Harrow Road, Wembley, HA9 6FE, a leasehold flat, sold at £325,000 on the 3rd May 2023.
Read more about house prices in HA9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 118, Wem Tower 1, Wembley as the 785th largest and the 743rd most expensive of the 793 addresses on Harrow Road, Wembley, HA9.
Against the HA9 postcode district average, it is £238k less expensive than the typical property.
Stonebridge Park station is the nearest stop to Flat 118, Wem Tower 1, Wembley at 100 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 118, Wem Tower 1, Wembley, 48.8% of property is privately owned outright and 27.3% 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 118, Wem Tower 1, Wembley, 19.8% of residents are recorded as possessing school level qualifications and 26.7% 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 118, Wem Tower 1, Wembley, the average age was 37.2 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 118, Wem Tower 1, Wembley, 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 118, Wem Tower 1, Wembley, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.