According to the public record, 225, East Lane, Wembley is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
East Lane, Wembley, HA0 is located in the borough of Brent within the HA0 postal district.
225, East Lane, Wembley has a single entry in the Land Registry database from April 2019 and a single entry in the EPC database dated September 2014.
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 225 East Lane Wembley as £310,231 and the rental value as £1,677 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 225 East Lane Wembley has decreased by £7,195 (2.3%) and its rental value has increased by £22 per month (1.3%).
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 225, East Lane, Wembley is in very good condition we estimate a sale value of £325,743 and rental value of £1,760 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,515 and a rental value of £1,559 per month.
If you were able to purchase this property for the estimated value of £310,231, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,525 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, 225, East Lane, Wembley was last sold on 10 Apr 2019 for £327,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2019, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 225, East Lane, Wembley within a radius of 530 metres over the last 2 years.
The most recent example is 94, Ash Walk, Wembley, HA0 3QW, a Leasehold flat which sold for £230,000 in Mar 2024.
Read more about house prices in HA0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
East Lane, Wembley, HA0 has a total of 172 addresses. According to our analysis of all the public data, 225, East Lane, Wembley is the 101st largest and the 84th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in HA0.
225, East Lane, Wembley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Sep 2014.
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 225, East Lane, Wembley is North Wembley station which is 0 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 225, East Lane, Wembley, 56.9% of property is privately rented and 24.1% 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 225, East Lane, Wembley, 25.2% of residents are recorded as possessing school level qualifications and 39.4% 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 225, East Lane, 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 225, East Lane, Wembley, 0.5% 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 225, East Lane, Wembley, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.