£563,996
This estimated value is based upon the latest sale price for the house of £405,000 on 18 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 3, Stanley House, Stanley Avenue, Wembley, HA0 4JB
Phone: 02036415351
| Price Paid | Date |
|---|---|
| £405,000 | 18 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in November 2015 the House Price Index for GREATER LONDON was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £405,000 results in an estimated price of approximately £563,996.
| 18 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £405,000 | £158,996 | £563,996 |
The Postcode Pricing Model uses changes in average sales price within the HA0 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -43.502 % | £-176,184 | £228,815 |
| 3 Month Average | 34.186 % | £138,454 | £543,454 |
| 6 Month Average | 20.763 % | £84,088 | £489,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £607,771 | £600,000 | 2 ROWLEY CLOSE |
| 1 Jul 2022 | £315,850 | £315,000 | 55A HEATHER PARK DRIVE |
| 3 Nov 2021 | £551,572 | £510,000 | 11 MARQUIS CLOSE |
| 29 Oct 2021 | £674,952 | £610,000 | 209 LYON PARK AVENUE |
| 22 Oct 2021 | £719,211 | £650,000 | 217 LYON PARK AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 9 Oct 2015. Using an estimated price of £563,997 means this house is valued at £7,230 per sq meter (£671 per sq foot).
The average size of a house on MARQUIS CLOSE is 87 sq meters (942 sq feet).