Flat 1404, Wem Tower 1
Flat 1404, Wem Tower 1
Description & Estimates
According to the public record, Flat 1404, Wem Tower 1, Wembley is a modern leasehold apartment with 258 ft2 of internal area.
Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1404, Wem Tower 1, Wembley is £242,683 and the estimated rental value is £1,447 per month.
The apartment is within Wem Tower, Harrow Road, Wembley, HA9.
Harrow Road, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
Our Data Sources
Flat 1404, Wem Tower 1, Wembley has 2 entries in the Land Registry , most recently in May 2023 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
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 Flat 1404, Wem Tower 1, Wembley is in very good condition we estimate a sale value of £254,817 and a rental value of £1,520 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,695 and a rental value of £1,346 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1404, Wem Tower 1, Wembley has moved down by £3,331 (1.4%), while its estimated rental value has increased by £50 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 7.2%.
Energy Efficiency
Flat 1404, 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
According to HM Land Registry, Flat 1404, Wem Tower 1, Wembley was last sold on 3rd May 2023 for £325,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2023, the market for similar properties has dropped by 27.0%.
- Sold May 2023£325,000
- Sold Feb 2021£165,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1404, Wem Tower 1, Wembley within a radius of 570 metres over the last 2 years.
The most recent example is Flat 1119, Wem Tower 1, Harrow Road, Wembley, HA9 6FD, a leasehold flat which sold for £280,000 on the 14th June 2022.
Read more about house prices in HA9.
- 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
- Sold Apr 2022£263,000 | FlatWem Tower 1, Harrow RoadFlat 1304, Wem Tower 1, Harrow Road, Wembley, HA9 6FE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Harrow Road, Wembley, HA9 has a total of 793 addresses. According to our analysis of all the public data, Flat 1404, Wem Tower 1, Wembley is the 780th largest and the 748th most expensive property on the street.
When compared to the postcode district it is £239k less expensive than the average property in HA9.
More reading links
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
The closest station to Flat 1404, Wem Tower 1, Wembley is Stonebridge Park station, which is 100 metres away.
- 100mStonebridge Park
- 1.4kmWembley Stadium
- 1.4kmHarlesden
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
