According to the public record, Flat 18, Padfield Court 4, Wembley is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Padfield Court, Forty Avenue, Wembley, HA9.
Forty Avenue, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
Flat 18, Padfield Court 4, Wembley has a single entry in the Land Registry database from January 2014 and a single entry in the EPC database dated November 2023.
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 Padfield Court 4 Wembley as £179,862 and the rental value as £1,077 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 18 Padfield Court 4 Wembley has decreased by £4,482 (2.5%) and its rental value has increased by £25 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 Flat 18, Padfield Court 4, Wembley is in very good condition we estimate a sale value of £188,855 and rental value of £1,130 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,272 and a rental value of £1,001 per month.
If you were able to purchase this property for the estimated value of £179,862, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £884 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, Padfield Court 4, Wembley was last sold on 22 Jan 2014 for £186,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2014, the market for similar properties has risen 23.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, Padfield Court 4, Wembley within a radius of 500 metres over the last 2 years.
The most recent example is Flat 28, Padfield Court 4, Forty Avenue, Wembley, HA9 8JS, a Leasehold flat which sold for £130,000 in Feb 2024.
Read more about house prices in HA9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 500 metres radius of Flat 18, Padfield Court 4, Wembley over the last 2 years.
Most recently 88B, Wembley Hill Road, Wembley, HA9 8DZ, a Leasehold flat let by Jorgensen Turner in Jul 2022.
Forty Avenue, Wembley, HA9 has a total of 276 addresses. According to our analysis of all the public data, Flat 18, Padfield Court 4, Wembley is the 144th largest and the 253rd most expensive property on the street.
When compared to the postcode district it is £289k less expensive than the average property in HA9.
Flat 18, Padfield Court 4, Wembley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Nov 2023.
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 Flat 18, Padfield Court 4, Wembley is Wembley Park station which is 800 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, Padfield Court 4, Wembley, 41.6% of property is privately owned outright and 28.5% is privately owned with a mortgage.
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, Padfield Court 4, Wembley, 23.0% of residents are recorded as possessing school level qualifications and 36.2% 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, Padfield Court 4, Wembley, the average age was 39.5 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 18, Padfield Court 4, Wembley, 0.5% 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, Padfield Court 4, Wembley, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.