According to the public record, 524, Kings Drive, Wembley is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Kings Drive, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
524, Kings Drive, Wembley has a single entry in the Land Registry database from January 2020 and a single entry in the EPC database dated December 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 524 Kings Drive Wembley as £299,680 and the rental value as £1,813 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 524 Kings Drive Wembley has decreased by £6,970 (2.3%) and its rental value has increased by £43 per month (2.4%).
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 524, Kings Drive, Wembley is in very good condition we estimate a sale value of £314,664 and rental value of £1,904 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,703 and a rental value of £1,686 per month.
If you were able to purchase this property for the estimated value of £299,680, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,473 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, 524, Kings Drive, Wembley was last sold on 09 Jan 2020 for £325,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2020, the market for similar properties has dropped 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 524, Kings Drive, Wembley within a radius of 660 metres over the last 2 years.
The most recent example is 464, Kings Drive, Wembley, HA9 9JB, a Leasehold flat which sold for £360,000 in Jan 2023.
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 2 lets within a 660 metres radius of 524, Kings Drive, Wembley over the last 2 years.
Most recently 183A, Salmon Street, London, NW9 8NE, a Leasehold flat let by Jorgensen Turner in Feb 2022.
Kings Drive, Wembley, HA9 has a total of 304 addresses. According to our analysis of all the public data, 524, Kings Drive, Wembley is the 195th largest and the 142nd most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in HA9.
524, Kings Drive, Wembley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Dec 2014.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 524, Kings Drive, 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 524, Kings Drive, Wembley, 50.5% of property is socially rented and 18.9% 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 524, Kings Drive, Wembley, 26.2% of residents are recorded as possessing school level qualifications and 29.1% 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 524, Kings Drive, 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 524, Kings Drive, 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 524, Kings Drive, Wembley, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.