£358,486
This estimated value is based upon the latest sale price for the house of £120,000 on 3 Apr 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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557A High Road, Wembley, HA0 2DW
Phone: 02080228770
Price Paid | Date |
---|---|
£120,000 | 3 Apr 2002 |
£64,000 | 19 Nov 1997 |
£54,950 | 30 Nov 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 April 2002 the House Price Index for GREATER LONDON was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £120,000 results in an estimated price of approximately £358,486.
3 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.7 | 148.6 | 198.739 % | £120,000 | £238,486 | £358,486 |
The Postcode Pricing Model uses changes in average sales price within the HA0 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 | 151.997 % | £182,396 | £302,396 |
3 Month Average | 200.600 % | £240,720 | £360,720 |
6 Month Average | 197.014 % | £236,417 | £356,417 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2023 | £323,483 | £320,000 | 17 MILFORD GARDENS |
29 Mar 2023 | £302,853 | £300,000 | 23 ALLIANCE CLOSE |
6 Jan 2023 | £323,476 | £325,000 | 16 MILFORD GARDENS |
3 May 2022 | £198,745 | £195,000 | 21 ALLIANCE CLOSE |
28 May 2020 | £440,345 | £360,000 | FLAT 29 TRISTAN COURT KING GEORGE CRESCENT |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 4 Dec 2018. Using an estimated price of £358,486 means this house is valued at £6,401 per sq meter (£594 per sq foot).
The average size of a house on MILFORD GARDENS is 59 sq meters (643 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Milford Gardens | |
Feb 2024 | Other theft | Under investigation | On or near Milford Gardens |