According to the public record, Flat 5, 196, Watford Road, Wembley is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 196, Watford Road, Wembley, HA0.
Watford Road, Wembley, HA0 is located in the borough of Brent within the HA0 postal district.
Flat 5, 196, Watford Road, Wembley has a single entry in the Land Registry database from September 2012 and a single entry in the EPC database dated September 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 5 196 Watford Road Wembley as £253,135 and the rental value as £1,400 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 5 196 Watford Road Wembley has decreased by £10,521 (4.2%) and its rental value has decreased by £12 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 5, 196, Watford Road, Wembley is in very good condition we estimate a sale value of £265,791 and rental value of £1,470 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,415 and a rental value of £1,302 per month.
If you were able to purchase this property for the estimated value of £253,135, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,244 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 5, 196, Watford Road, Wembley was last sold on 12 Sep 2012 for £166,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2012, the market for similar properties has risen 49.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 196, Watford Road, Wembley within a radius of 590 metres over the last 2 years.
The most recent example is 7, Foxlees, Wembley, HA0 2PR, a Leasehold flat which sold for £225,000 in Jul 2024.
Read more about house prices in HA0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watford Road, Wembley, HA0 has a total of 223 addresses. According to our analysis of all the public data, Flat 5, 196, Watford Road, Wembley is the 179th largest and the 148th most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in HA0.
Flat 5, 196, Watford Road, Wembley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Sep 2023.
The property is connected to mains gas and has fully triple glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 5, 196, Watford Road, Wembley is Sudbury & Harrow Road station which is 1.0 kilometres 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 5, 196, Watford Road, Wembley, 34.8% of property is privately rented and 24.1% 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 5, 196, Watford Road, Wembley, 26.2% of residents are recorded as possessing school level qualifications and 40.7% 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 5, 196, Watford Road, Wembley, the average age was 36.4 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 5, 196, Watford Road, Wembley, 0.2% 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 5, 196, Watford Road, Wembley, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.