£487,887
This estimated value is based upon the latest sale price for the house of £130,000 on 12 Jun 2000. 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 |
|---|---|
| £130,000 | 12 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 June 2000 the House Price Index for GREATER LONDON was 39.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 275.298%.Applying this 275.298% change to the original purchase price of £130,000 results in an estimated price of approximately £487,887.
| 12 Jun 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 148.6 | 275.298 % | £130,000 | £357,887 | £487,887 |
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 | 310.147 % | £403,191 | £533,191 |
| 3 Month Average | 241.187 % | £313,543 | £443,543 |
| 6 Month Average | 217.128 % | £282,265 | £412,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £559,898 | £555,000 | 102 OAKINGTON MANOR DRIVE |
| 27 Mar 2023 | £504,755 | £500,000 | 88 WYLD WAY |
| 28 Nov 2022 | £582,939 | £590,000 | 187 OAKINGTON MANOR DRIVE |
| 23 May 2022 | £570,754 | £560,000 | 28 VICTORIA AVENUE |
| 1 Nov 2021 | £497,496 | £460,000 | 10 TUDOR COURT NORTH |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 18 Aug 2009. Using an estimated price of £487,887 means this house is valued at £5,807 per sq meter (£539 per sq foot).
The average size of a house on VICTORIA AVENUE is 101 sq meters (1,089 sq feet).