According to the public record, 57, Forty Lane, Wembley is a mid-century apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Forty Lane, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
57, Forty Lane, Wembley has no records in the Land Registry database and a single entry in the EPC database dated April 2017.
We combine this information with public data 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 57 Forty Lane Wembley as £316,961 and the rental value as £1,921 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 57 Forty Lane Wembley has decreased by £7,268 (2.3%) and its rental value has increased by £46 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 57, Forty Lane, Wembley is in very good condition we estimate a sale value of £332,809 and rental value of £2,017 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,774 and a rental value of £1,786 per month.
If you were able to purchase this property for the estimated value of £316,961, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,558 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57, Forty Lane, Wembley within a radius of 450 metres over the last 2 years.
The most recent example is 10 Rutherford Court, Barnhill Road, Wembley, HA9 9DG, a Leasehold flat which sold for £285,000 in May 2024.
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, 57, Forty Lane, Wembley is the 67th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in HA9.
57, Forty Lane, Wembley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Apr 2017.
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 57, Forty Lane, Wembley is Wembley Park 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 57, Forty Lane, Wembley, 40.1% of property is privately rented and 26.1% is socially rented.
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 57, Forty Lane, Wembley, 25.2% of residents are recorded as possessing school level qualifications and 45.8% 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 57, 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 57, Forty Lane, 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 57, Forty Lane, Wembley, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.