According to the public record, 13, Cherry Close, Wembley is a modern leasehold apartment with 550 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Cherry Close, Wembley, HA0 is located in the borough of Brent within the HA0 postal district.
13, Cherry Close, Wembley has a single entry in the Land Registry database from October 2019 and a single entry in the EPC database dated March 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 13 Cherry Close Wembley as £225,293 and the rental value as £1,241 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 13 Cherry Close Wembley has decreased by £5,656 (2.5%) and its rental value has increased by £10 per month (0.8%).
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 13, Cherry Close, Wembley is in very good condition we estimate a sale value of £236,557 and rental value of £1,303 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,522 and a rental value of £1,154 per month.
If you were able to purchase this property for the estimated value of £225,293, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,107 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 13, Cherry Close, Wembley was last sold on 29 Oct 2019 for £172,250 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2019, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Cherry Close, Wembley within a radius of 460 metres over the last 2 years.
The most recent example is 32, Conifer Way, Wembley, HA0 3QP, a Leasehold flat which sold for £255,000 in Jun 2021.
Read more about house prices in HA0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Close, Wembley, HA0 has a total of 33 addresses. According to our analysis of all the public data, 13, Cherry Close, Wembley is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £234k less expensive than the average property in HA0.
13, Cherry Close, Wembley has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 23 Mar 2011.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 13, Cherry Close, Wembley is North Wembley station which is 200 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 13, Cherry Close, Wembley, 34.6% of property is socially rented and 31.4% 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 13, Cherry Close, Wembley, 27.0% of residents are recorded as possessing school level qualifications and 35.9% 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 13, Cherry Close, Wembley, the average age was 36.4 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 13, Cherry Close, 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 13, Cherry Close, Wembley, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.