According to the public record, 5, Forty Lane, Wembley is a early-century freehold house with 1,194 ft2 of internal area and sits on a 487 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Forty Lane, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
5, Forty Lane, Wembley has 21 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated July 2019.
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 5 Forty Lane Wembley as £565,145 and the rental value as £3,252 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 5 Forty Lane Wembley has decreased by £3,462 (0.6%) and its rental value has increased by £129 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 5, Forty Lane, Wembley is in very good condition we estimate a sale value of £593,402 and rental value of £3,415 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £525,584 and a rental value of £3,025 per month.
If you were able to purchase this property for the estimated value of £565,145, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,778 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, 5, Forty Lane, Wembley sits on a plot of 487m2.
We have plot size data on 5 out of 5 other houses in the postcode and 5, Forty Lane, Wembley sits on the 5th largest plot.
According to HM Land Registry, 5, Forty Lane, Wembley was last sold on 05 Oct 2020 for £425,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2020, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Forty Lane, Wembley within a radius of 460 metres over the last 2 years.
The most recent example is 57, Deanscroft Avenue, London, NW9 8EP, a Freehold house which sold for £625,000 in Nov 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, 5, Forty Lane, Wembley is the 41st largest and the 36th most expensive property on the street.
When compared to the postcode district it is £96k more expensive than the average property in HA9.
5, Forty Lane, Wembley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jul 2019.
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 5, 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 5, 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 5, 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 5, 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 5, 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 5, 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.