According to the public record, Flat 5, Elmstead Court 71-81, Wembley is a mid-century leasehold apartment with 646 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Elmstead Court, Elmstead Avenue, Wembley, HA9.
Elmstead Avenue, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
Flat 5, Elmstead Court 71-81, Wembley has 41 entries in the Land Registry database, most recently in November 2013 and a single entry in the EPC database dated May 2010.
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 Elmstead Court 71-81 Wembley as £292,442 and the rental value as £1,763 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 5 Elmstead Court 71-81 Wembley has decreased by £6,976 (2.4%) and its rental value has increased by £39 per month (2.2%).
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 5, Elmstead Court 71-81, Wembley is in very good condition we estimate a sale value of £307,064 and rental value of £1,851 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,971 and a rental value of £1,639 per month.
If you were able to purchase this property for the estimated value of £292,442, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,437 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, Elmstead Court 71-81, Wembley was last sold on 05 Nov 2013 for £235,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Nov 2013, the market for similar properties has risen 28.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Elmstead Court 71-81, Wembley within a radius of 560 metres over the last 2 years.
The most recent example is Flat 3, Elmstead Court 71-81, Elmstead Avenue, Wembley, HA9 8NR, a Leasehold flat which sold for £315,000 in Mar 2019.
Read more about house prices in HA9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elmstead Avenue, Wembley, HA9 has a total of 219 addresses. According to our analysis of all the public data, Flat 5, Elmstead Court 71-81, Wembley is the 178th largest and the 197th most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in HA9.
Flat 5, Elmstead Court 71-81, Wembley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 May 2010.
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 5, Elmstead Court 71-81, 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 5, Elmstead Court 71-81, Wembley, 68.4% of property is privately rented and 15.8% is privately owned outright.
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, Elmstead Court 71-81, Wembley, 21.2% of residents are recorded as possessing school level qualifications and 32.4% 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, Elmstead Court 71-81, 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 5, Elmstead Court 71-81, Wembley, 0.7% 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, Elmstead Court 71-81, 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.