£1,002,593
This estimated value is based upon the latest sale price for the house of £640,000 on 14 Apr 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Grand Parade, Wembley Park, Wembley, HA9 9JS
Phone: 02080225156
| Price Paid | Date |
|---|---|
| £640,000 | 14 Apr 2008 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 April 2008 the House Price Index for GREATER LONDON was 93.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.655%.Applying this 56.655% change to the original purchase price of £640,000 results in an estimated price of approximately £1,002,593.
| 14 Apr 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 146.7 | 56.655 % | £640,000 | £362,593 | £1,002,593 |
The Postcode Pricing Model uses changes in average sales price within the HA9 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 | -1.634 % | £-10,460 | £629,539 |
| 3 Month Average | 38.736 % | £247,912 | £887,912 |
| 6 Month Average | 35.479 % | £227,066 | £867,066 |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 30 Jun 2015.
The average size of a house on THE PADDOCKS is 142 sq meters (1,532 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Under investigation | On or near The Paddocks |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Salmon Street |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Greenhill |
| Jan 2024 | Anti-social behaviour | On or near Kings Drive | |
| Jan 2024 | Anti-social behaviour | On or near Kings Drive |