£271,342
This estimated value is based upon the latest sale price for the house of £157,000 on 3 Dec 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Farnborough Close
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7 Grand Parade, Wembley Park, Wembley, HA9 9JS
Phone: 02080225156
Price Paid | Date |
---|---|
£157,000 | 3 Dec 2009 |
£78,000 | 26 Oct 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 2009 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £157,000 results in an estimated price of approximately £271,342.
3 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.830 % | £157,000 | £114,342 | £271,342 |
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 | 15.647 % | £24,565 | £181,565 |
3 Month Average | 60.255 % | £94,600 | £251,600 |
6 Month Average | 53.255 % | £83,609 | £240,609 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £273,000 | £273,000 | 23B WELLSPRING CRESCENT |
30 Aug 2022 | £299,195 | £300,000 | 11E WELLSPRING CRESCENT |
5 Aug 2022 | £278,251 | £279,000 | 14D PEACE GROVE |
30 Sep 2021 | £538,796 | £500,000 | 11 PEACE GROVE |
31 Oct 2019 | £442,703 | £361,000 | 13E WELLSPRING CRESCENT |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 18 Nov 2019. Using an estimated price of £271,343 means this house is valued at £5,652 per sq meter (£525 per sq foot).
There is one other house on the street which we know the size of, this is 32 FARNBOROUGH CLOSE it is 55.0
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Farnborough Close |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Farnborough Close |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Peace Grove |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellspring Crescent |