According to the public record, Flat 17, Forum House, Wembley is a modern leasehold apartment with 333 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Forum House, Empire Way, Wembley, HA9.
Empire Way, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
Flat 17, Forum House, Wembley has a single entry in the Land Registry database from October 2018 and a single entry in the EPC database dated June 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 Flat 17 Forum House Wembley as £230,263 and the rental value as £1,301 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 17 Forum House Wembley has decreased by £9,150 (4.0%) and its rental value has increased by £10 per month (0.7%).
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 17, Forum House, Wembley is in very good condition we estimate a sale value of £241,776 and rental value of £1,366 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,145 and a rental value of £1,210 per month.
If you were able to purchase this property for the estimated value of £230,263, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,132 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 17, Forum House, Wembley was last sold on 31 Oct 2018 for £230,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2018, the market for similar properties has dropped 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 17, Forum House, Wembley within a radius of 190 metres over the last 2 years.
The most recent example is Flat 44, Forum House, Empire Way, Wembley, HA9 0AB, a Leasehold flat which sold for £273,000 in Aug 2016.
Read more about house prices in HA9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Empire Way, Wembley, HA9 has a total of 1347 addresses. According to our analysis of all the public data, Flat 17, Forum House, Wembley is the 1337th largest and the 1262nd most expensive property on the street.
When compared to the postcode district it is £238k less expensive than the average property in HA9.
Flat 17, Forum House, Wembley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 17, Forum House, 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 17, Forum House, Wembley, 48.9% of property is privately rented and 29.8% is privately owned outright.
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 17, Forum House, Wembley, 19.5% of residents are recorded as possessing school level qualifications and 29.4% 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 17, Forum House, 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 17, Forum House, Wembley, 0.6% 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 17, Forum House, 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.