£1,055,376
This estimated value is based upon the latest sale price for the house of £185,000 on 8 Nov 1995. 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 |
|---|---|
| £185,000 | 8 Nov 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 November 1995 the House Price Index for GREATER LONDON was 26.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 470.474%.Applying this 470.474% change to the original purchase price of £185,000 results in an estimated price of approximately £1,055,376.
| 8 Nov 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.0 | 148.6 | 470.474 % | £185,000 | £870,376 | £1,055,376 |
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 | 616.851 % | £1,141,174 | £1,326,174 |
| 3 Month Average | 444.359 % | £822,063 | £1,007,063 |
| 6 Month Average | 392.695 % | £726,484 | £911,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £893,224 | £880,000 | 7 ADAMS CLOSE |
| 30 Jun 2023 | £1,366,553 | £1,350,000 | 45 THE PADDOCKS |
| 18 Aug 2022 | £364,020 | £365,000 | 59 FORTY LANE |
| 11 May 2022 | £917,284 | £900,000 | 1 GREENHILL WAY |
| 16 Feb 2022 | £907,121 | £865,000 | 2 ADAMS CLOSE |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 16 Jun 2015. Using an estimated price of £1,055,376 means this house is valued at £7,035 per sq meter (£653 per sq foot).
The average size of a house on THE PADDOCKS is 142 sq meters (1,532 sq feet).