According to the public record, Flat 31, Macdonald House, Wembley is a modern leasehold apartment with 1,001 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Macdonald House, North End Road, Wembley, HA9.
North End Road, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
Flat 31, Macdonald House, Wembley has a single entry in the Land Registry database from May 2021 and a single entry in the EPC database dated November 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 good condition, we estimate the current sale value for Flat 31 Macdonald House Wembley as £629,489 and the rental value as £2,982 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 31 Macdonald House Wembley has decreased by £27,915 (4.4%) and its rental value has increased by £6 per month (0.2%).
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 31, Macdonald House, Wembley is in very good condition we estimate a sale value of £660,964 and rental value of £3,131 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £585,425 and a rental value of £2,773 per month.
If you were able to purchase this property for the estimated value of £629,489, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,094 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 31, Macdonald House, Wembley was last sold on 18 May 2021 for £765,700 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has dropped 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 31, Macdonald House, Wembley within a radius of 200 metres over the last 2 years.
The most recent example is Flat 31, Dunn House, North End Road, Wembley, HA9 0LS, a Leasehold flat which sold for £685,000 in Mar 2022.
Read more about house prices in HA9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North End Road, Wembley, HA9 has a total of 1181 addresses. According to our analysis of all the public data, Flat 31, Macdonald House, Wembley is the 49th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £161k more expensive than the average property in HA9.
Flat 31, Macdonald House, Wembley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Nov 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 31, Macdonald House, Wembley is Wembley Park station which is 300 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 31, Macdonald House, Wembley, 42.3% of property is privately rented and 31.0% 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 31, Macdonald House, Wembley, 22.0% of residents are recorded as possessing school level qualifications and 33.0% 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 31, Macdonald 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 31, Macdonald House, Wembley, 0.4% 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 31, Macdonald House, Wembley, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.