£880,006
This estimated value is based upon the latest sale price for the house of £565,000 on 23 May 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 Wallington Square, Wallington, SM6 8RG
Phone: 02036411322
Price Paid | Date |
---|---|
£565,000 | 23 May 2014 |
Semi-Detached |
Freehold |
Floor Area: 164 sq meters or 1,765 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 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £565,000 results in an estimated price of approximately £880,006.
23 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £565,000 | £315,006 | £880,006 |
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 | -7.457 % | £-42,133 | £522,866 |
3 Month Average | 32.383 % | £182,963 | £747,963 |
6 Month Average | 52.226 % | £295,075 | £860,075 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £235,345 | £230,000 | 32 CHARLOTTE ROAD |
25 Apr 2023 | £377,052 | £370,000 | FLAT 15 35 STAFFORD ROAD |
27 Feb 2023 | £4,027 | £4,000 | 3 ONSLOW GARDENS |
10 Jun 2022 | £385,235 | £377,000 | FLAT 18 35 STAFFORD ROAD |
15 Oct 2021 | £191,723 | £172,000 | 31 - 35 STAFFORD ROAD |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 18 Mar 2014. Using an estimated price of £880,006 means this house is valued at £5,365 per sq meter (£498 per sq foot).
The average size of a house on BLENHEIM GARDENS is 133 sq meters (1,438 sq feet).