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Wembley House Prices Wembley House Prices

The average house price in Wembley is £521,428 using HM Land Registry data.

The average property price increased by £204,525 (55.1%) over the last 5 years and increased by £40,980 (7.66%) over the last 12 months.

Over the last year, there were 265 residential property sales – a decrease of 133 transactions (-50.19%) relative to the previous year. The majority of house sales (51) were in the £508,000 - £594,000 range. Then came properties in the £336,000 - £422,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 138 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-38,040 (-4%).

In Dec 24, there were 73 new estate agency instructions, 42 agreed home sales and 39 property price reductions.

Neighbouring Areas: Alperton, Neasden, Harlesden, Kingsbury, Sudbury, Acton, Harrow, Hendon, Edgware, Ealing, Dollis Hill

Postcodes Covered: HA0, HA9, NW10, NW2, NW9

5-Year Average Property Prices in Wembley

55.1%

Property prices in Wembley increased by 55.1% 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

7.66%

Property prices in Wembley increased by 7.66% 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 - Dec 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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
82 Sunnymead Road, London, Greater London, NW9 8BX£625,000£590,000-£35,00019 Jun 202415 Nov 2024149 Days
16 Aboyne Road, London, Greater London, NW10 0ET£350,000£330,000-£20,00007 Jun 202404 Nov 2024150 Days
99 Bridge Road, London, Greater London, NW10 9DG£410,000£405,000-£5,00004 Nov 201701 Nov 20242554 Days
18 Meadowbank Road, London, Greater London, NW9 8LH£570,000£565,000-£5,00030 Apr 202430 Oct 2024183 Days
36 Mostyn Avenue, Wembley, Greater London, HA9 8AX£650,000£620,000-£30,00022 Aug 202429 Oct 202468 Days
23 Clifton Avenue, Wembley, Greater London, HA9 6BN£635,000£610,000-£25,00015 Jul 202429 Oct 2024106 Days
41 Basing Hill, Wembley, Greater London, HA9 9QS£775,000£735,000-£40,00016 Feb 202421 Oct 2024248 Days
28 Reeves Avenue, London, Greater London, NW9 8LP£425,000£400,000-£25,00015 Feb 202410 Oct 2024238 Days
36 Georgian Court, Wembley, Greater London, HA9 6QG£650,000£645,000-£5,00008 Apr 202425 Sep 2024170 Days
22 Derek Avenue, Wembley, Greater London, HA9 6HP£700,000£660,000-£40,00006 Mar 202415 Aug 2024162 Days
47 Sunnymead Road, London, Greater London, NW9 8BT£649,950£640,000-£9,95028 Dec 202313 Aug 2024229 Days
104 Farm Avenue, Wembley, Greater London, HA0 4UX£625,000£605,000-£20,00019 Apr 202422 Jul 202494 Days
32 Queens Walk, London, Greater London, NW9 8ER£995,000£985,000-£10,00029 Feb 202419 Jul 2024141 Days
1a, Doreen Avenue, London, Greater London, NW9 7NX£300,000£295,000-£5,00014 Feb 202401 Jul 2024138 Days
2 Greenhill Way, Wembley, Greater London, HA9 9HL£920,000£900,000-£20,00011 Mar 202417 Jun 202498 Days
16 Perth Avenue, London, Greater London, NW9 7JT£550,000£550,000£0015 Feb 202407 Jun 2024113 Days
76 Sunnymead Road, London, Greater London, NW9 8BX£525,000£522,000-£3,00013 Feb 202407 Jun 2024115 Days
17 Grittleton Avenue, Wembley, Greater London, HA9 6NX£650,000£650,000£0001 May 202431 May 202430 Days
16 Castleton Avenue, Wembley, Greater London, HA9 7QL£625,000£620,000-£5,00018 Apr 202428 May 202440 Days
6 Beechcroft Gardens, Wembley, Greater London, HA9 8EP£700,000£615,000-£85,00010 Nov 202323 May 2024195 Days

Most Expensive Streets in Wembley

PostcodeStreetAreaAverageNo. of Sales
HA9 9LQBarn HillWembley£1,202,8333
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£875,0004
NW9 8PUSalmon StreetLondon£816,6663
NW9 8JLAlington CrescentLondon£795,0003
HA9 7NPBlenheim GardensWembley£762,4874

Least Expensive Streets in Wembley

PostcodeStreetAreaAverageNo. of Sales
HA9 8JGThe MartinsWembley£112,77211
HA9 8HNHomefirs HouseWembley Park Drive£116,1666
HA9 6FAHarrow RoadWembley£147,6663
HA9 8JSForty AvenueWembley£150,6258
NW10 8EZWinchelsea RoadLondon£155,0725
NW10 8GXWinchelsea RoadLondon£164,31025
HA9 8NBCarlton Avenue EastWembley£170,5004
NW9 8SBTalbot CourtBlackbird Hill£176,5003
NW10 8GZWinchelsea RoadLondon£194,14023
NW10 0DLBraemar AvenueLondon£202,3333

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