£281,116
This estimated value is based upon the latest sale price for the house of £176,000 on 23 Jan 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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557A High Road, Wembley, HA0 2DW
Phone: 02080228770
| Price Paid | Date |
|---|---|
| £176,000 | 23 Jan 2014 |
| £170,000 | 22 Nov 2010 |
| £190,000 | 24 Oct 2006 |
| £140,000 | 11 Nov 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 572 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 January 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £176,000 results in an estimated price of approximately £281,116.
| 23 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £176,000 | £105,116 | £281,116 |
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 | -6.262 % | £-11,020 | £164,979 |
| 3 Month Average | 53.179 % | £93,594 | £269,594 |
| 6 Month Average | 51.150 % | £90,023 | £266,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £210,177 | £206,500 | 60 ALLIANCE CLOSE |
| 4 Aug 2023 | £348,045 | £345,000 | 53 MILFORD GARDENS |
| 5 Apr 2023 | £323,483 | £320,000 | 17 MILFORD GARDENS |
| 29 Mar 2023 | £302,853 | £300,000 | 23 ALLIANCE CLOSE |
| 6 Jan 2023 | £323,476 | £325,000 | 16 MILFORD GARDENS |
This house has a floor area of 53 sq meters or 572 sq feet when measured on 23 Aug 2010. Using an estimated price of £281,117 means this house is valued at £5,288 per sq meter (£491 per sq foot).
The average size of a house on ALLIANCE CLOSE is 49 sq meters (529 sq feet).