According to the public record, 15, Forty Lane, Wembley is a early-century freehold house with 2,002 ft2 of internal area and sits on a 721 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Forty Lane, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
15, Forty Lane, Wembley has a single entry in the Land Registry database from August 2012 and a single entry in the EPC database dated June 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 15 Forty Lane Wembley as £748,684 and the rental value as £4,425 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 15 Forty Lane Wembley has decreased by £4,587 (0.6%) and its rental value has increased by £176 per month (4.0%).
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 15, Forty Lane, Wembley is in very good condition we estimate a sale value of £786,118 and rental value of £4,647 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £696,276 and a rental value of £4,116 per month.
If you were able to purchase this property for the estimated value of £748,684, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,680 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 data from HM Land Registry, 15, Forty Lane, Wembley sits on a plot of 721m2.
We have plot size data on 5 out of 5 other houses in the postcode and 15, Forty Lane, Wembley sits on the 2nd largest plot.
According to HM Land Registry, 15, Forty Lane, Wembley was last sold on 17 Aug 2012 for £650,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2012, the market for similar properties has risen 52.8%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 15, Forty Lane, Wembley within a radius of 470 metres over the last 2 years.
The most recent example is 35, Church Lane, London, NW9 8ST, a Freehold house which sold for £740,000 in Sep 2022.
Read more about house prices in HA9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forty Lane, Wembley, HA9 has a total of 117 addresses. According to our analysis of all the public data, 15, Forty Lane, Wembley is the 6th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £280k more expensive than the average property in HA9.
15, Forty Lane, Wembley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jun 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 15, Forty Lane, Wembley is Wembley Park station which is 800 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 15, Forty Lane, Wembley, 40.3% of property is privately owned with a mortgage and 36.2% is privately owned outright.
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 15, Forty Lane, Wembley, 18.2% of residents are recorded as possessing school level qualifications and 47.8% 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 15, Forty Lane, Wembley, the average age was 37.4 and the most common age was 42.
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 15, Forty Lane, Wembley, 0.3% 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 15, Forty Lane, Wembley, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.