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According to the public record, Flat 1719, 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 1719, Wem Tower 1, Wembley is £243,325 and the estimated rental value is £1,451 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.
Flat 1719, Wem Tower 1, Wembley has a single entry in the Land Registry from November 2019 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.
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 1719, Wem Tower 1, Wembley is in very good condition we estimate a sale value of £255,491 and a rental value of £1,524 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,292 and a rental value of £1,350 per month.
Over the past 12 months, the estimated sale value of Flat 1719, Wem Tower 1, Wembley has fallen by £3,340 (1.4%), while its estimated rental value has moved up by £50 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 7.2%.
Flat 1719, 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.
According to HM Land Registry, Flat 1719, Wem Tower 1, Wembley was last sold on 1st November 2019 for £116,733 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2019, the market for similar properties has dropped by 24.4%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1719, Wem Tower 1, Wembley within a radius of 570 metres over the last 2 years.
The most recent example is Flat 1404, Wem Tower 1, Harrow Road, Wembley, HA9 6FE, a leasehold flat which sold for £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.
Harrow Road, Wembley, HA9 has a total of 793 addresses. According to our analysis of all the public data, Flat 1719, Wem Tower 1, Wembley is the 773rd largest and the 739th most expensive property on the street.
When compared to the postcode district it is £238k less expensive than the average property in HA9.
The closest station to Flat 1719, Wem Tower 1, Wembley is Stonebridge Park station, which is 100 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1719, 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 1719, 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 1719, 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 1719, 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 1719, 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.
