According to the public record, 12A, Elms Lane, Wembley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 680 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 12, Elms Lane, Wembley, HA0.
Elms Lane, Wembley, HA0 is located in the borough of Brent within the HA0 postal district.
12A, Elms Lane, Wembley has a single entry in the Land Registry database from March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 12A Elms Lane Wembley as £347,244 and the rental value as £1,869 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 12A Elms Lane Wembley has decreased by £8,429 (2.4%) and its rental value has increased by £18 per month (0.9%).
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 12A, Elms Lane, Wembley is in very good condition we estimate a sale value of £364,606 and rental value of £1,962 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,937 and a rental value of £1,738 per month.
If you were able to purchase this property for the estimated value of £347,244, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,707 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, 12A, Elms Lane, Wembley was last sold on 12 Mar 2007 for £224,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 58.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12A, Elms Lane, Wembley within a radius of 490 metres over the last 2 years.
The most recent example is 20 Chestnut Court, Chestnut Avenue, Wembley, HA0 2LT, a Leasehold flat which sold for £315,000 in Jun 2022.
Read more about house prices in HA0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elms Lane, Wembley, HA0 has a total of 148 addresses. According to our analysis of all the public data, 12A, Elms Lane, Wembley is the 107th largest and the 101st most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in HA0.
The closest station to 12A, Elms Lane, Wembley is Sudbury & Harrow Road 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 12A, Elms Lane, Wembley, 52.9% of property is socially rented and 17.4% is privately 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 12A, Elms Lane, Wembley, 30.6% of residents are recorded as possessing school level qualifications and 32.0% 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 12A, Elms Lane, Wembley, the average age was 36.4 and the most common age was 32.
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 12A, Elms 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 12A, Elms Lane, 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.