Wembley Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Edition

Wembley: Major regeneration area around the stadium with high-density residential development.

The Wembley property market recorded 2,368 residential sales in the 12 months to 31 May 2026, with a median sale price of £524,500. This places Wembley £40k above the Greater London county median of £485,000, and £240k above the approximate UK median of £285,000.

Prices in Wembley have been broadly stable, a year-on-year change of -0.6%. Within Greater London, Wembley ranks 6th by price out of 21 principal towns, and 14th by transaction volume.

On a quarterly view, Wembley median prices moved from £550,000 in Q3 2024 to £512,500 in Q4 2025, a change of -6.8% over 5 quarters. The most recent quarter is excluded because HM Land Registry registrations for it are still incomplete.

London Borough of Brent, the local planning authority covering Wembley, approved 153 residential planning applications and refused 126 in the last 12 months, with 39 still awaiting a decision. That is an approval rate of 55%.

Those applications propose around 230 homes, an estimated £100.6m of development value at local sale prices. Treat the unit total as an upper bound, since an outline permission and its reserved-matters application both count.

Property prices in Wembley vary significantly by type. The table below compares Wembley prices with Greater London county averages and UK national figures.

Detached homes in Wembley command £1m, while flat properties are most accessible at £380,000. The £623k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

HM Land Registry has so far registered 84 new-build sales in Wembley for the past 12 months, 3.5% of registered transactions. New-build sales are typically registered 6 to 18 months after completion, so this understates current delivery and is not a completions figure.

On those registered sales, new builds in Wembley sold at a premium of 11.7% to existing stock.

Across the wider Greater London market, 1,285 new-build sales have registered so far. See our Greater London property market report for the full county picture.

The table below shows the most recently registered residential sales in Wembley, evidence of achieved prices for buyers, sellers and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £360,000 to £840,000 illustrates the breadth of the Wembley market.

For developers considering Wembley, the local market data translates directly into finance structuring. With a median value of £524,500 and detached homes at £1m, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Wembley with a GDV of £1m would attract senior debt of approximately £651,625 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

While prices have softened 0.6% year-on-year, experienced developers can still generate strong returns in Wembley by targeting well-located sites with clear demand drivers.

Ready to develop in Wembley? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

To put Wembley's market in context, the table below compares it with similarly-priced towns across Greater London:

For the full Greater London town-by-town breakdown, see our comprehensive Greater London property market report.