According to the public record, Flat 48, Lavey House 10, Wembley is a modern leasehold apartment with 1,119 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Lavey House, Belgrave Road, Wembley, HA0.
Belgrave Road, Wembley, HA0 is located within the HA0 postal district.
Flat 48, Lavey House 10, Wembley has a single entry in the Land Registry database from June 2023 and a single entry in the EPC database dated January 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 good condition, we estimate the current sale value for Flat 48 Lavey House 10 Wembley as £658,830 and the rental value as £2,855 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 48 Lavey House 10 Wembley has decreased by £28,431 (4.3%) and its rental value has decreased by £26 per month (0.9%).
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 48, Lavey House 10, Wembley is in very good condition we estimate a sale value of £691,772 and rental value of £2,998 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £612,712 and a rental value of £2,655 per month.
If you were able to purchase this property for the estimated value of £658,830, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,238 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 48, Lavey House 10, Wembley was last sold on 23 Jun 2023 for £770,200 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2023, the market for similar properties has dropped 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 48, Lavey House 10, Wembley within a radius of 650 metres over the last 2 years.
The most recent example is Flat 12, Lavey House 10, Belgrave Road, Wembley, HA0 1AG, a Leasehold flat which sold for £800,000 in Jun 2023.
Read more about house prices in HA0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Belgrave Road, Wembley, HA0 has a total of 117 addresses. According to our analysis of all the public data, Flat 48, Lavey House 10, Wembley is the 24th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £200k more expensive than the average property in HA0.
Flat 48, Lavey House 10, Wembley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Jan 2023.
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 48, Lavey House 10, Wembley is Stonebridge Park station which is 600 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 48, Lavey House 10, Wembley, 41.7% of property is privately owned outright and 25.8% 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 48, Lavey House 10, Wembley, 17.5% of residents are recorded as possessing school level qualifications and 27.8% 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 48, Lavey House 10, Wembley, the average age was 35.3 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 48, Lavey House 10, 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 48, Lavey House 10, Wembley, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.