According to the public record, Flat 18, Orchid Court 130, Wembley is a modern leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Orchid Court, Preston Road, Wembley, HA9.
Preston Road, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
Flat 18, Orchid Court 130, Wembley has 21 entries in the Land Registry database, most recently in September 2007 and a single entry in the EPC database dated September 2021.
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 18 Orchid Court 130 Wembley as £238,049 and the rental value as £1,398 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 18 Orchid Court 130 Wembley has decreased by £6,297 (2.6%) and its rental value has increased by £27 per month (1.9%).
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 Flat 18, Orchid Court 130, Wembley is in very good condition we estimate a sale value of £249,952 and rental value of £1,468 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,386 and a rental value of £1,301 per month.
If you were able to purchase this property for the estimated value of £238,049, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,170 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 18, Orchid Court 130, Wembley was last sold on 07 Sep 2007 for £280,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2007, the market for similar properties has risen 36.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, Orchid Court 130, Wembley within a radius of 570 metres over the last 2 years.
The most recent example is 136, Chamberlayne Avenue, Wembley, HA9 8ST, a Leasehold flat which sold for £265,000 in Jul 2020.
Read more about house prices in HA9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Road, Wembley, HA9 has a total of 208 addresses. According to our analysis of all the public data, Flat 18, Orchid Court 130, Wembley is the 192nd largest and the 183rd most expensive property on the street.
When compared to the postcode district it is £231k less expensive than the average property in HA9.
Flat 18, Orchid Court 130, Wembley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 18, Orchid Court 130, Wembley is Preston Road 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 18, Orchid Court 130, Wembley, 41.0% of property is privately rented and 28.0% 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 Flat 18, Orchid Court 130, Wembley, 17.5% of residents are recorded as possessing school level qualifications and 29.9% 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 18, Orchid Court 130, Wembley, the average age was 35.2 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 Flat 18, Orchid Court 130, 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 Flat 18, Orchid Court 130, 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.