£845,256
This estimated value is based upon the latest sale price for the house of £492,000 on 8 May 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Woodcote Road, Wallington, SM6 0LT
Phone: 02035422152
Price Paid | Date |
---|---|
£492,000 | 8 May 2012 |
Detached |
Freehold |
Floor Area: 164 sq meters or 1,766 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 £492,000 results in an estimated price of approximately £845,256.
8 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.800 % | £492,000 | £353,256 | £845,256 |
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 % | £150,245 | £642,245 |
3 Month Average | 59.722 % | £293,834 | £785,834 |
6 Month Average | 75.777 % | £372,822 | £864,822 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Oct 2023 | £859,521 | £840,000 | 7 FARM CLOSE |
6 Jun 2023 | £1,250,051 | £1,225,000 | 18 LORDSBURY FIELD |
12 Aug 2022 | £1,175,497 | £1,170,000 | 19 THE DRIVE |
21 Dec 2021 | £1,359,928 | £1,260,000 | 32 LORDSBURY FIELD |
25 Jun 2021 | £1,037,632 | £960,000 | 7 THE DRIVE |
This house has a floor area of 164 sq meters or 1,766 sq feet when measured on 12 Jul 2011. Using an estimated price of £845,256 means this house is valued at £5,151 per sq meter (£478 per sq foot).
The average size of a house on LORDSBURY FIELD is 177 sq meters (1,911 sq feet).