£554,038
This estimated value is based upon the latest sale price for the house of £224,000 on 31 Jan 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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203 Preston Road, Wembley, HA9 8NF
Phone: 02035890850
| Price Paid | Date |
|---|---|
| £224,000 | 31 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 January 2003 the House Price Index for GREATER LONDON was 60.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 147.338%.Applying this 147.338% change to the original purchase price of £224,000 results in an estimated price of approximately £554,038.
| 31 Jan 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 148.6 | 147.338 % | £224,000 | £330,038 | £554,038 |
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 | 200.837 % | £449,874 | £673,874 |
| 3 Month Average | 125.949 % | £282,126 | £506,126 |
| 6 Month Average | 111.057 % | £248,767 | £472,767 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Nov 2021 | £654,316 | £605,000 | 21 GLENDALE GARDENS |
| 29 Jul 2021 | £266,630 | £232,000 | 170 CARLTON AVENUE EAST |
| 28 Jun 2021 | £423,805 | £395,000 | 1 GLENDALE GARDENS |
| 30 Nov 2020 | £985,451 | £850,000 | 37 GLENDALE GARDENS |
| 12 May 2020 | £691,097 | £565,000 | 11 GLENDALE GARDENS |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 12 Jul 2012. Using an estimated price of £554,038 means this house is valued at £4,229 per sq meter (£392 per sq foot).
The average size of a house on WOODFORD PLACE is 116 sq meters (1,257 sq feet).