According to the public record, 17D, Wellspring Crescent, Wembley is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 17, Wellspring Crescent, Wembley, HA9.
Wellspring Crescent, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
17D, Wellspring Crescent, Wembley has 21 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated May 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 17D Wellspring Crescent Wembley as £299,464 and the rental value as £1,805 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 17D Wellspring Crescent Wembley has decreased by £11,345 (3.8%) and its rental value has increased by £15 per month (0.8%).
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 17D, Wellspring Crescent, Wembley is in very good condition we estimate a sale value of £314,437 and rental value of £1,896 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,501 and a rental value of £1,679 per month.
If you were able to purchase this property for the estimated value of £299,464, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,472 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, 17D, Wellspring Crescent, Wembley was last sold on 31 Mar 2022 for £322,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2022, the market for similar properties has dropped 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17D, Wellspring Crescent, Wembley within a radius of 380 metres over the last 2 years.
The most recent example is 23G, Wellspring Crescent, Wembley, HA9 9UB, a Leasehold flat which sold for £300,000 in Apr 2019.
Read more about house prices in HA9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellspring Crescent, Wembley, HA9 has a total of 115 addresses. According to our analysis of all the public data, 17D, Wellspring Crescent, Wembley is the 29th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in HA9.
17D, Wellspring Crescent, Wembley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 17D, Wellspring Crescent, Wembley is Wembley Park station which is 400 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 17D, Wellspring Crescent, Wembley, 64.5% of property is socially rented and 24.6% 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 17D, Wellspring Crescent, Wembley, 23.4% of residents are recorded as possessing school level qualifications and 39.3% 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 17D, Wellspring Crescent, 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 17D, Wellspring Crescent, 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 17D, Wellspring Crescent, Wembley, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.