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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 2, 12, Elm Road, Wembley is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 12, Elm Road, Wembley is £280,544 and the estimated rental value is £1,668 per month.
The apartment is within 12, Elm Road, Wembley, HA9.
Elm Road, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
Flat 2, 12, Elm Road, Wembley has a single entry in the Land Registry from July 2010 and a single entry in the EPC database dated September 2020.
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.
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 2, 12, Elm Road, Wembley is in very good condition we estimate a sale value of £294,571 and a rental value of £1,751 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,906 and a rental value of £1,551 per month.
Over the last 12 months the sale value of Flat 2 12 Elm Road Wembley has decreased by an estimated £8,053 (2.9%) and its rental value has increased by an estimated £72 per month (4.3%), giving an expected gross yield of 7.1%.
Flat 2, 12, Elm Road, Wembley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 12, Elm Road, Wembley was last sold on 8th July 2010 for £155,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2010, the market for similar properties has risen 29.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 12, Elm Road, Wembley within a radius of 290 metres over the last 2 years.
The most recent example is Flat 15, 10, Elm Road, Wembley, HA9 7JR, a leasehold flat which sold for £112,000 on the 5th October 2018.
Read more about house prices in HA9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Road, Wembley, HA9 has a total of 210 addresses. According to our analysis of all the public data, Flat 2, 12, Elm Road, Wembley is the 184th largest and the 178th most expensive property on the street.
When compared to the postcode district it is £198k less expensive than the average property in HA9.
The nearest school is Park Lane Primary School which is 275 metres away. The nearest train station is Wembley Central which is 200 metres away.
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