Wembley House Prices Wembley House Prices

The average house price in Wembley is £450,798 using HM Land Registry data.

The average property price increased by £231,811 (67.64%) over the last 5 years and increased by £46,329 (8.77%) over the last 12 months.

Over the last year, there were 299 residential property sales – a decrease of 285 transactions (-95.32%) relative to the previous year. The majority of house sales (71) were in the £270,000 - £380,000 range. Then came properties in the £490,000 - £600,000 range, where 71 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 69 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-43,707 (-4%).

In April 2024, there were 94 new estate agency instructions, 51 agreed home sales and 63 property price reductions.

5-Year Average Property Prices in Wembley

67.64%

Property prices in Wembley increased by 67.64% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Wembley Over the Last Year

8.77%

Property prices in Wembley increased by 8.77% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Wembley - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Wembley

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Wembley

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Wembley

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Wembley since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Wembley area since 1995.

Recent Property Sales in Wembley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
23 Wigginton Avenue, Wembley, Greater London, HA9 6EZ£550,000£540,000-£10,00008 Dec 202326 Feb 202480 Days
22 Beverley Gardens, Wembley, Greater London, HA9 9QZ£675,000£663,500-£11,50031 Oct 202314 Feb 2024106 Days
Flat 52, Campbell Court, Church Lane, London, Greater London, NW9 8AA£325,000£310,000-£15,00025 Sep 202330 Jan 2024127 Days
13f, Wellspring Crescent, Wembley, Greater London, HA9 9UZ£350,000£310,000-£40,00018 Feb 202315 Jan 2024331 Days
Flat 49, Cresswell House, Hirst Crescent, Wembley, Greater London, HA9 7HJ£325,000£320,000-£5,00019 Apr 202304 Jan 2024260 Days
6 Chippenham Avenue, Wembley, Greater London, HA9 6NQ£530,000£525,000-£5,00004 Sep 202320 Dec 2023107 Days
223 Oakington Manor Drive, Wembley, Greater London, HA9 6ND£685,000£306,376-£378,62424 May 202312 Dec 2023202 Days
41 Saltcroft Close, Wembley, Greater London, HA9 9JJ£485,000£454,500-£30,50018 Sep 202308 Dec 202381 Days
55 Dunster Drive, London, Greater London, NW9 8EH£595,000£575,000-£20,00008 Aug 202308 Dec 2023122 Days
160a, London Road, Wembley, Greater London, HA9 7HG£435,000£395,000-£40,00024 Nov 202101 Dec 2023737 Days
4 Woodland Close, London, Greater London, NW9 8XP£875,000£840,000-£35,00017 Jul 202301 Dec 2023137 Days
55 St Michaels Avenue, Wembley, Greater London, HA9 6SD£590,000£570,000-£20,00004 Aug 202314 Nov 2023102 Days
4 Princes Court, Wembley, Greater London, HA9 7JJ£725,000£640,000-£85,00015 Apr 202127 Oct 2023925 Days
93 London Road, Wembley, Greater London, HA9 7ET£570,000£560,000-£10,00014 Jul 202323 Oct 2023101 Days
64 Gresham Road, London, Greater London, NW10 9BY£485,000£460,000-£25,00007 Mar 202313 Oct 2023220 Days
6 Vivian Gardens, Wembley, Greater London, HA9 6RF£675,000£625,000-£50,00016 Mar 202311 Oct 2023209 Days
16 Overton Close, London, Greater London, NW10 0QB£500,000£475,000-£25,00005 Oct 202306 Oct 20231 Days
3 Baird Close, London, Greater London, NW9 8XU£585,000£580,000-£5,00027 Jun 202306 Oct 2023101 Days
35 Chamberlayne Avenue, Wembley, Greater London, HA9 8SR£560,000£555,000-£5,00022 May 202322 Sep 2023123 Days
Flat 58, Kirk House, Hirst Crescent, Wembley, Greater London, HA9 7HF£335,000£327,750-£7,25019 May 202318 Sep 2023122 Days

Most Expensive Streets in Wembley

PostcodeStreetAreaAverageNo. of Sales
HA9 9NWBarn WayWembley£1,010,8754
HA9 9JZEversley AvenueWembley£972,6663
HA9 9NHBarn RiseWembley£908,3333
NW9 8XYSalmon StreetLondon£906,6663
HA9 8HZOakington AvenueWembley£875,0004
NW9 8JJMallard WayLondon£858,3333
NW9 8PUSalmon StreetLondon£812,5004
NW9 8JLAlington CrescentLondon£795,0003
HA9 8EPBeechcroft GardensWembley£782,1586
HA9 7NPBlenheim GardensWembley£762,4874

Least Expensive Streets in Wembley

PostcodeStreetAreaAverageNo. of Sales
HA9 8JGThe MartinsWembley£113,19213
HA9 8HNHomefirs HouseWembley Park Drive£118,2779
HA9 6FFHarrow RoadWembley£144,80830
HA9 6FAHarrow RoadWembley£145,17814
HA9 6FBHarrow RoadWembley£150,50015
NW10 8EZWinchelsea RoadLondon£151,5784
HA9 8JSForty AvenueWembley£153,5717
NW10 8GXWinchelsea RoadLondon£164,31025
HA9 8NBCarlton Avenue EastWembley£170,5004
NW9 8SBTalbot CourtBlackbird Hill£176,5003

Explore Wembley and Neighbouring Area House Prices