According to the public record, Flat 8, Best House, Wembley is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Best House, Matthews Close, Wembley, HA9.
Matthews Close, Wembley, HA9 is located in the borough of Brent within the HA9 postal district.
Flat 8, Best House, Wembley has a single entry in the Land Registry database from October 2015 and a single entry in the EPC database dated June 2015.
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 8 Best House Wembley as £315,045 and the rental value as £1,863 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 8 Best House Wembley has decreased by £12,480 (4.0%) and its rental value has increased by £15 per month (0.8%).
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 8, Best House, Wembley is in very good condition we estimate a sale value of £330,797 and rental value of £1,956 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,992 and a rental value of £1,733 per month.
If you were able to purchase this property for the estimated value of £315,045, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,548 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 8, Best House, Wembley was last sold on 05 Oct 2015 for £285,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2015, the market for similar properties has dropped 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Best House, Wembley within a radius of 440 metres over the last 2 years.
The most recent example is Flat 4, Best House, Matthews Close, Wembley, HA9 8FE, a Leasehold flat which sold for £295,000 in Feb 2024.
Read more about house prices in HA9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Matthews Close, Wembley, HA9 has a total of 109 addresses. According to our analysis of all the public data, Flat 8, Best House, Wembley is the 91st largest and the 86th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in HA9.
Flat 8, Best House, Wembley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Jun 2015.
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 8, Best 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 8, Best House, Wembley, 36.2% of property is privately rented and 23.0% 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 8, Best House, Wembley, 22.5% of residents are recorded as possessing school level qualifications and 30.1% 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 8, Best House, Wembley, the average age was 39.5 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 8, Best 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 8, Best House, Wembley, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.