£550,902
This estimated value is based upon the latest sale price for the house of £480,000 on 16 Dec 2020. 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 |
---|---|
£480,000 | 16 Dec 2020 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £480,000 results in an estimated price of approximately £550,902.
16 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £480,000 | £70,902 | £550,902 |
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 | 69.792 % | £335,002 | £815,002 |
3 Month Average | -11.472 % | £-55,063 | £424,936 |
6 Month Average | -8.184 % | £-39,282 | £440,717 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £578,566 | £570,000 | 55 ST MICHAELS AVENUE |
21 Jul 2023 | £91,431 | £90,200 | 57B TUDOR COURT NORTH |
8 Aug 2022 | £498,658 | £500,000 | 36 OAKINGTON MANOR DRIVE |
26 May 2022 | £341,433 | £335,000 | 75 TUDOR COURT NORTH |
25 Mar 2022 | £435,230 | £420,000 | 139 OAKINGTON MANOR DRIVE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 22 Jul 2020. Using an estimated price of £550,902 means this house is valued at £5,679 per sq meter (£527 per sq foot).
The average size of a house on TUDOR COURT NORTH is 91 sq meters (984 sq feet).