£617,954
This estimated value is based upon the latest sale price for the house of £480,000 on 6 Apr 2017. 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 | 6 Apr 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 78 sq meters or 839 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 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 28.740%.Applying this 28.740% change to the original purchase price of £480,000 results in an estimated price of approximately £617,954.
6 Apr 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.0 | 28.740 % | £480,000 | £137,954 | £617,954 |
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 | 41.975 % | £201,482 | £681,482 |
3 Month Average | 15.892 % | £76,281 | £556,281 |
6 Month Average | 3.220 % | £15,456 | £495,456 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £388,677 | £385,000 | FLAT 27 CAMBIUM HOUSE PALACE ARTS WAY |
17 Nov 2022 | £605,186 | £615,000 | FLAT 119 CAMBIUM HOUSE PALACE ARTS WAY |
19 Aug 2022 | £512,537 | £516,000 | FLAT 110 CAMBIUM HOUSE PALACE ARTS WAY |
11 Aug 2022 | £376,953 | £379,500 | FLAT 12 CAMBIUM HOUSE PALACE ARTS WAY |
31 May 2022 | £370,508 | £365,000 | FLAT 93 CAMBIUM HOUSE PALACE ARTS WAY |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 3 Oct 2016. Using an estimated price of £617,954 means this house is valued at £7,922 per sq meter (£736 per sq foot).
The average size of a house on PALACE ARTS WAY is 59 sq meters (635 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Empire Way |
Apr 2024 | Vehicle crime | Under investigation | On or near Empire Way |
Apr 2024 | Vehicle crime | Under investigation | On or near Empire Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Empire Way |
Apr 2024 | Anti-social behaviour | On or near Empire Way |