According to the public record, 69E, Forty Lane, Wembley is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 69, Forty Lane, Wembley, HA9.
Forty Lane, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
69E, Forty Lane, Wembley has 31 entries in the Land Registry database, most recently in February 2015 and a single entry in the EPC database dated April 2024.
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 69E Forty Lane Wembley as £323,651 and the rental value as £1,872 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 69E Forty Lane Wembley has decreased by £7,528 (2.3%) and its rental value has increased by £44 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 69E, Forty Lane, Wembley is in very good condition we estimate a sale value of £339,833 and rental value of £1,966 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,995 and a rental value of £1,741 per month.
If you were able to purchase this property for the estimated value of £323,651, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,591 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, 69E, Forty Lane, Wembley was last sold on 27 Feb 2015 for £315,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2015, the market for similar properties has risen 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 69E, Forty Lane, Wembley within a radius of 450 metres over the last 2 years.
The most recent example is 17D, Wellspring Crescent, Wembley, HA9 9UB, a Leasehold flat which sold for £322,000 in Mar 2022.
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, 69E, Forty Lane, Wembley is the 108th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in HA9.
69E, Forty Lane, Wembley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 69E, Forty Lane, Wembley is Wembley Park station which is 500 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 69E, 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 69E, 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 69E, 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 69E, 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 69E, 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.