£643,502
This estimated value is based upon the latest sale price for the house of £513,500 on 8 Mar 2018. 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 Demesne Road
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The Cottage, 17 Belmont Road, Wallington,, SM6 8TE
Phone: 02036414443
| Price Paid | Date |
|---|---|
| £513,500 | 8 Mar 2018 |
| £413,000 | 19 Jul 2016 |
| £345,000 | 10 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 March 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £513,500 results in an estimated price of approximately £643,502.
| 8 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £513,500 | £130,002 | £643,502 |
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 | 187.152 % | £961,023 | £1,474,523 |
| 3 Month Average | 36.885 % | £189,404 | £702,904 |
| 6 Month Average | 21.789 % | £111,885 | £625,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £590,329 | £580,000 | 1 CRICHTON AVENUE |
| 20 Jul 2023 | £608,135 | £599,950 | 3 DEMESNE ROAD |
| 15 Feb 2023 | £639,570 | £640,000 | 1 DEMESNE ROAD |
| 16 Jan 2023 | £686,765 | £690,000 | 16 CRICHTON AVENUE |
| 13 Jan 2023 | £661,882 | £665,000 | 28 CRICHTON AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 7 Apr 2016. Using an estimated price of £643,503 means this house is valued at £6,500 per sq meter (£603 per sq foot).
The average size of a house on DEMESNE ROAD is 105 sq meters (1,134 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Demesne Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near The Bridleway |
| Feb 2024 | Anti-social behaviour | On or near The Bridleway | |
| Jan 2024 | Anti-social behaviour | On or near The Bridleway | |
| Jan 2024 | Anti-social behaviour | On or near The Bridleway |