£266,290
This estimated value is based upon the latest sale price for the house of £155,000 on 18 May 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Cottage, 17 Belmont Road, Wallington,, SM6 8TE
Phone: 02036414443
Price Paid | Date |
---|---|
£155,000 | 18 May 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 584 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 May 2012 the House Price Index for GREATER LONDON was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £155,000 results in an estimated price of approximately £266,290.
18 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.800 % | £155,000 | £111,290 | £266,290 |
The Postcode Pricing Model uses changes in average sales price within the SM6 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 | 30.538 % | £47,333 | £202,333 |
3 Month Average | 59.722 % | £92,569 | £247,569 |
6 Month Average | 75.777 % | £117,454 | £272,454 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2023 | £516,736 | £505,000 | 47 CLIFTON ROAD |
25 Sep 2023 | £128,840 | £126,000 | FLAT 2 11 PARK ROAD |
22 Jun 2023 | £517,368 | £507,000 | 49 CLIFTON ROAD |
21 Mar 2023 | £320,350 | £315,000 | 11 CLIFTON ROAD |
6 Jan 2023 | £268,217 | £267,500 | FLAT 3 12 PARK ROAD |
This house has a floor area of 54 sq meters or 584 sq feet when measured on 14 Nov 2011. Using an estimated price of £266,290 means this house is valued at £4,900 per sq meter (£455 per sq foot).
The average size of a house on CLIFTON ROAD is 119 sq meters (1,281 sq feet).