£499,524
This estimated value is based upon the latest sale price for the house of £320,000 on 28 Sep 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
7 Grand Parade, Wembley Park, Wembley, HA9 9JS
Phone: 02080225156
Price Paid | Date |
---|---|
£320,000 | 28 Sep 2007 |
£250,000 | 13 Aug 2003 |
£238,000 | 20 Jul 2001 |
Semi-Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 2007 the House Price Index for GREATER LONDON was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £320,000 results in an estimated price of approximately £499,524.
28 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 148.6 | 56.101 % | £320,000 | £179,524 | £499,524 |
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 | 110.371 % | £353,186 | £673,186 |
3 Month Average | 60.968 % | £195,096 | £515,096 |
6 Month Average | 50.299 % | £160,957 | £480,957 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £339,339 | £335,000 | FLAT 10 CENTURY HOUSE FORTY AVENUE |
4 Apr 2023 | £333,592 | £330,000 | FLAT 3 CENTURY HOUSE FORTY AVENUE |
25 Jan 2022 | £363,081 | £345,000 | FLAT 16 CENTURY HOUSE FORTY AVENUE |
14 May 2021 | £406,814 | £360,000 | 9 RICHMOND COURT FORTY AVENUE |
5 Jun 2020 | £660,003 | £545,000 | 182 ELMSTEAD AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 9 Apr 2018. Using an estimated price of £499,525 means this house is valued at £6,487 per sq meter (£602 per sq foot).
The average size of a house on FORTY CLOSE is 115 sq meters (1,245 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).