Flat 1304, Wem Tower 1
Flat 1304, Wem Tower 1
Description & Estimates
Flat 1304, Wem Tower 1, Wembley is recorded publicly as a modern leasehold apartment across 258 ft2 of internal area.
Locally, apartments of this size are normally studios.
Our estimate of the sale value of Flat 1304, Wem Tower 1, Wembley is £242,683 and its rental estimate is £1,447 per month, given the available information and assuming reasonable condition.
Wem Tower, Harrow Road is a residential building on Harrow Road, Wembley, HA9 and falls within the HA9 postal district and the borough of Brent.
Our Data Sources
Flat 1304, Wem Tower 1, Wembley has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated November 2021.
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.
Price Range & Condition
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 1304, Wem Tower 1, Wembley, we estimate a market value of £254,817 and a rental value of £1,520 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £225,695 and £1,346 per month respectively.
Recent Market Change
Over the last year, Flat 1304, Wem Tower 1, Wembley has seen its estimated sale value decrease by £3,331 (1.4%) and its estimated rental value grow by £50 per month (3.5%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
Flat 1304, 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.
Sold Prices
The most recent sale of Flat 1304, Wem Tower 1, Wembley completed on 1st April 2022 at £263,000 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 26.5% over the period since April 2022.
- Sold Apr 2022£263,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1304, Wem Tower 1, Wembley have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd May 2023, was Flat 1404, Wem Tower 1, Harrow Road, Wembley, HA9 6FE, a leasehold flat which sold for £325,000.
Read more about house prices in HA9.
- Sold May 2023£325,000 | FlatWem Tower 1, Harrow RoadFlat 1404, Wem Tower 1, Harrow Road, Wembley, HA9 6FE
- Sold Jun 2022£280,000 | FlatWem Tower 1, Harrow RoadFlat 1119, Wem Tower 1, Harrow Road, Wembley, HA9 6FD
- Sold Apr 2022£260,000 | FlatWem Tower 1, Harrow RoadFlat 1104, Wem Tower 1, Harrow Road, Wembley, HA9 6FD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 793 addresses on Harrow Road, Wembley, HA9, Flat 1304, Wem Tower 1, Wembley comes out as the 782nd largest and the 750th most expensive in our analysis of the public data.
It is also £239k less expensive than the average property across the HA9 district.
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Schools Nearby
- 800mOur Lady of Lourdes Catholic Primary School
- 800mBrentfield Primary School
- 800mThe Stonebridge School
- 1.3kmAlperton Community School
- 1.5kmArk Elvin Academy
- 1.9kmNorth Brent School
More reading links
Public Transport Nearby
From Flat 1304, Wem Tower 1, Wembley, the nearest station is Stonebridge Park, 100 metres away.
- 100mStonebridge Park
- 1.4kmWembley Stadium
- 1.4kmHarlesden
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
