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According to the public record, Flat A, 181, Park Lane, Wembley is a early-century leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat A, 181, Park Lane, Wembley is £350,718 and the estimated rental value is £2,096 per month.
The apartment is within 181, Park Lane, Wembley, HA9.
Park Lane, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
Flat A, 181, Park Lane, Wembley has a single entry in the Land Registry from March 2007 and a single entry in the EPC database dated March 2015.
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 A, 181, Park Lane, Wembley is in very good condition we estimate a sale value of £368,253 and a rental value of £2,201 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,167 and a rental value of £1,950 per month.
Over the last 12 months the sale value of Flat A 181 Park Lane Wembley has decreased by an estimated £8,357 (2.4%) and its rental value has increased by an estimated £38 per month (1.8%), giving an expected gross yield of 7.2%.
Flat A, 181, Park Lane, Wembley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Mar 2015.
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 A, 181, Park Lane, Wembley was last sold on 19th March 2007 for £200,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2007, the market for similar properties has risen 52.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 181, Park Lane, Wembley within a radius of 420 metres over the last 2 years.
The most recent example is 9 Roskild Court, Dagmar Avenue, Wembley, HA9 8UP, a leasehold flat which sold for £300,000 on the 22nd May 2024.
Read more about house prices in HA9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 420 metres radius of Flat A, 181, Park Lane, Wembley over the last 2 years.
Most recently 88B, Wembley Hill Road, Wembley, HA9 8DZ, a leasehold flat let by Jorgensen Turner in July 2022.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Wembley, HA9 has a total of 368 addresses. According to our analysis of all the public data, Flat A, 181, Park Lane, Wembley is the 192nd largest and the 217th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in HA9.
The nearest school is Park Lane Primary School which is 300 metres away. The nearest train station is Wembley Stadium which is 500 metres away.
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