According to the public record, 48, Park Lane, Wembley is a early-century freehold house with 554 ft2 of internal area and sits on a 152 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Park Lane, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
48, Park Lane, Wembley has a single entry in the Land Registry database from December 2010 and a single entry in the EPC database dated September 2010.
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 48 Park Lane Wembley as £365,032 and the rental value as £2,165 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 48 Park Lane Wembley has increased by £2,607 (0.7%) and its rental value has increased by £116 per month (5.3%).
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 48, Park Lane, Wembley is in very good condition we estimate a sale value of £383,284 and rental value of £2,274 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,480 and a rental value of £2,014 per month.
If you were able to purchase this property for the estimated value of £365,032, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,794 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, 48, Park Lane, Wembley sits on a plot of 152m2.
We have plot size data on 4 out of 11 other houses in the postcode and 48, Park Lane, Wembley sits on the 6th largest plot.
According to HM Land Registry, 48, Park Lane, Wembley was last sold on 23 Dec 2010 for £310,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2010, the market for similar properties has risen 72.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 48, Park Lane, Wembley within a radius of 430 metres over the last 2 years.
The most recent example is 11, High Street, Wembley, HA9 8DD, a Freehold house which sold for £405,000 in Apr 2022.
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 430 metres radius of 48, 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 Jul 2022.
Park Lane, Wembley, HA9 has a total of 368 addresses. According to our analysis of all the public data, 48, Park Lane, Wembley is the 329th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in HA9.
48, Park Lane, Wembley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2010.
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 48, Park Lane, Wembley is Wembley Stadium station which is 600 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 48, Park Lane, Wembley, 38.9% of property is privately owned outright and 33.3% is privately owned with a mortgage.
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 48, Park Lane, Wembley, 16.3% of residents are recorded as possessing school level qualifications and 38.9% 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 48, Park Lane, Wembley, the average age was 39.5 and the most common age was 27.
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 48, Park Lane, Wembley, 0.6% 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 48, Park Lane, Wembley, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.