£590,069
This estimated value is based upon the latest sale price for the house of £450,000 on 1 Dec 2016. 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 |
---|---|
£450,000 | 1 Dec 2016 |
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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £450,000 results in an estimated price of approximately £590,069.
1 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £450,000 | £140,069 | £590,069 |
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 | -19.772 % | £-88,972 | £361,027 |
3 Month Average | -16.953 % | £-76,287 | £373,712 |
6 Month Average | -14.307 % | £-64,380 | £385,619 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £390,252 | £385,000 | FLAT 27 CAMBIUM HOUSE PALACE ARTS WAY |
17 Nov 2022 | £607,640 | £615,000 | FLAT 119 CAMBIUM HOUSE PALACE ARTS WAY |
11 Aug 2022 | £378,481 | £379,500 | FLAT 12 CAMBIUM HOUSE PALACE ARTS WAY |
23 May 2022 | £395,451 | £388,000 | FLAT 77 CAMBIUM HOUSE PALACE ARTS WAY |
31 Mar 2022 | £494,815 | £477,500 | FLAT 113 CAMBIUM HOUSE PALACE ARTS WAY |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 3 Oct 2016. Using an estimated price of £590,070 means this house is valued at £9,366 per sq meter (£870 per sq foot).
The average size of a house on PALACE ARTS WAY is 59 sq meters (635 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Empire Way | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Empire Way |
Jan 2024 | Anti-social behaviour | On or near Empire Way | |
Jan 2024 | Anti-social behaviour | On or near Empire Way | |
Dec 2023 | Anti-social behaviour | On or near Empire Way |