According to the public record, Flat 1, 2, Grand Avenue, Wembley is a early-century Leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 2, Grand Avenue, Wembley, HA9.
Grand Avenue, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
Flat 1, 2, Grand Avenue, Wembley has a single entry in the Land Registry database from November 2016 and a single entry in the EPC database dated March 2022.
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 Flat 1 2 Grand Avenue Wembley as £652,850 and the rental value as £3,070 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 1 2 Grand Avenue Wembley has decreased by £12,256 (1.9%) and its rental value has increased by £82 per month (2.7%).
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 Flat 1, 2, Grand Avenue, Wembley is in very good condition we estimate a sale value of £685,492 and rental value of £3,224 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £607,150 and a rental value of £2,855 per month.
If you were able to purchase this property for the estimated value of £652,850, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,209 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, Flat 1, 2, Grand Avenue, Wembley was last sold on 18 Nov 2016 for £690,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2016, the market for similar properties has dropped 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 370 metres radius of Flat 1, 2, Grand Avenue, Wembley over the last 2 years.
The most recent example is 15, Grand Avenue, Wembley, HA9 6LS, a Freehold house which sold for £495,000 in Jun 2019.
Read more about house prices in HA9.
Grand Avenue, Wembley, HA9 has a total of 27 addresses. According to our analysis of all the public data, Flat 1, 2, Grand Avenue, Wembley is the 24th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £184k more expensive than the average property in HA9.
Flat 1, 2, Grand Avenue, Wembley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, 2, Grand Avenue, Wembley is Wembley Stadium 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 Flat 1, 2, Grand Avenue, Wembley, 37.5% of property is privately owned outright and 29.6% 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 Flat 1, 2, Grand Avenue, Wembley, 22.2% of residents are recorded as possessing school level qualifications and 33.5% 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 Flat 1, 2, Grand Avenue, Wembley, the average age was 36.8 and the most common age was 27.
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 Flat 1, 2, Grand Avenue, Wembley, 2.0% 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 Flat 1, 2, Grand Avenue, 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.