£1,072,402
This estimated value is based upon the latest sale price for the house of £925,000 on 9 Nov 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 |
|---|---|
| £925,000 | 9 Nov 2020 |
| £500,000 | 3 Jul 2009 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £925,000 results in an estimated price of approximately £1,072,402.
| 9 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £925,000 | £147,402 | £1,072,402 |
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 | 20.789 % | £192,294 | £1,117,294 |
| 3 Month Average | 0.458 % | £4,236 | £929,236 |
| 6 Month Average | -0.928 % | £-8,588 | £916,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £383,354 | £380,000 | FLAT 29 IMPERIAL COURT EMPIRE WAY |
| 22 Jul 2022 | £283,263 | £282,500 | FLAT 8 WAYSIDE COURT OAKINGTON AVENUE |
| 12 Nov 2021 | £989,585 | £915,000 | 43 OAKINGTON AVENUE |
| 9 Nov 2020 | £1,072,402 | £925,000 | 88 WEMBLEY PARK DRIVE |
| 17 Jun 2019 | £138,992 | £112,500 | FLAT 3 WAYSIDE COURT OAKINGTON AVENUE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 18 Sep 2020. Using an estimated price of £1,072,402 means this house is valued at £7,885 per sq meter (£732 per sq foot).
The average size of a house on WEMBLEY PARK DRIVE is 74 sq meters (798 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Wembley Park Drive |