£614,170
This estimated value is based upon the latest sale price for the house of £385,000 on 24 Feb 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 |
|---|---|
| £385,000 | 24 Feb 2014 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 February 2014 the House Price Index for GREATER LONDON was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £385,000 results in an estimated price of approximately £614,170.
| 24 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £385,000 | £229,170 | £614,170 |
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 | 12.309 % | £47,391 | £432,391 |
| 3 Month Average | 50.743 % | £195,360 | £580,360 |
| 6 Month Average | 62.634 % | £241,140 | £626,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £254,246 | £250,000 | 17 SUNKIST WAY |
| 22 Mar 2023 | £935,625 | £920,000 | 36 GREAT WOODCOTE PARK |
| 16 Mar 2023 | £555,273 | £546,000 | 4 SUNKIST WAY |
| 30 Oct 2020 | £744,513 | £630,000 | 194 FORESTERS DRIVE |
| 1 Sep 2020 | £992,822 | £830,000 | 140 FORESTERS DRIVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 9 Sep 2013. Using an estimated price of £614,170 means this house is valued at £6,021 per sq meter (£559 per sq foot).
The average size of a house on FORESTERS DRIVE is 139 sq meters (1,500 sq feet).