According to the public record, Flat 7, Venice House, Wembley is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Venice House, Hatton Road, Wembley, HA0.
Hatton Road, Wembley, HA0 is located in the borough of Brent within the HA0 postal district.
Flat 7, Venice House, Wembley has a single entry in the Land Registry database from July 2015 and a single entry in the EPC database dated October 2014.
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 7 Venice House Wembley as £289,587 and the rental value as £1,598 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 7 Venice House Wembley has decreased by £10,622 (3.7%) and its rental value has decreased by £10 per month (0.6%).
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 7, Venice House, Wembley is in very good condition we estimate a sale value of £304,066 and rental value of £1,678 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,315 and a rental value of £1,486 per month.
If you were able to purchase this property for the estimated value of £289,587, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,423 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 7, Venice House, Wembley was last sold on 09 Jul 2015 for £259,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Venice House, Wembley within a radius of 410 metres over the last 2 years.
The most recent example is Flat 9, Venice House, Hatton Road, Wembley, HA0 1QL, a Leasehold flat which sold for £320,000 in Jan 2024.
Read more about house prices in HA0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 410 metres radius of Flat 7, Venice House, Wembley over the last 2 years.
Most recently Flat 16, Aylesbury House, Hatton Road, Wembley, HA0 1QW, a Leasehold flat let by Fine Living in Aug 2022.
Hatton Road, Wembley, HA0 has a total of 446 addresses. According to our analysis of all the public data, Flat 7, Venice House, Wembley is the 416th largest and the 413th most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in HA0.
Flat 7, Venice House, Wembley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Oct 2014.
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 7, Venice House, Wembley is Alperton station which is 200 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 7, Venice House, Wembley, 68.1% of property is privately rented and 20.1% is socially rented.
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 7, Venice House, Wembley, 35.5% of residents are recorded as possessing school level qualifications and 41.8% 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 7, Venice House, 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 7, Venice House, Wembley, 0.0% 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 7, Venice House, Wembley, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.