According to the public record, 586, Kings Drive, Wembley is a mid-century leasehold apartment with 528 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.
586, Kings Drive, Wembley has a single entry in the Land Registry database from September 2010 and a single entry in the EPC database dated July 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 586 Kings Drive Wembley as £248,360 and the rental value as £1,526 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 586 Kings Drive Wembley has decreased by £5,777 (2.3%) and its rental value has increased by £36 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 586, Kings Drive, Wembley is in very good condition we estimate a sale value of £260,778 and rental value of £1,603 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,975 and a rental value of £1,419 per month.
If you were able to purchase this property for the estimated value of £248,360, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,221 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, 586, Kings Drive, Wembley was last sold on 27 Sep 2010 for £164,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2010, the market for similar properties has risen 46.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 586, Kings Drive, Wembley within a radius of 650 metres over the last 2 years.
The most recent example is 19 Carmel Court, Kings Drive, Wembley, HA9 9JE, a Leasehold flat which sold for £240,000 in Mar 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 2 lets within a 650 metres radius of 586, 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, 586, Kings Drive, Wembley is the 213th largest and the 211th most expensive property on the street.
When compared to the postcode district it is £220k less expensive than the average property in HA9.
586, Kings Drive, Wembley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jul 2010.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 586, Kings Drive, Wembley is Wembley Park station which is 900 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 586, Kings Drive, Wembley, 31.9% of property is socially rented and 28.5% 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 586, Kings Drive, Wembley, 30.0% of residents are recorded as possessing school level qualifications and 43.2% 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 586, 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 586, 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 586, Kings Drive, Wembley, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.