£403,158
This estimated value is based upon the latest sale price for the house of £123,000 on 28 Sep 2001. 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 |
|---|---|
| £123,000 | 28 Sep 2001 |
| £74,000 | 26 Feb 1999 |
| £53,500 | 15 Sep 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 September 2001 the House Price Index for GREATER LONDON was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £123,000 results in an estimated price of approximately £403,158.
| 28 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £123,000 | £280,158 | £403,158 |
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 | 62.053 % | £76,325 | £199,325 |
| 3 Month Average | 188.314 % | £231,626 | £354,626 |
| 6 Month Average | 178.541 % | £219,605 | £342,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 3 May 2022 | £198,745 | £195,000 | 21 ALLIANCE CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 29 Sep 2015. Using an estimated price of £403,158 means this house is valued at £6,399 per sq meter (£594 per sq foot).
The average size of a house on MILFORD GARDENS is 59 sq meters (643 sq feet).