£717,013
This estimated value is based upon the latest sale price for the house of £530,000 on 13 May 2016. 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 |
---|---|
£530,000 | 13 May 2016 |
Semi-Detached |
Freehold |
Floor Area: 107 sq meters or 1,151 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 2016 the House Price Index for GREATER LONDON was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £530,000 results in an estimated price of approximately £717,013.
13 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £530,000 | £187,013 | £717,013 |
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 | -14.184 % | £-75,176 | £454,823 |
3 Month Average | 6.938 % | £36,769 | £566,769 |
6 Month Average | 19.907 % | £105,509 | £635,509 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Jun 2023 | £607,168 | £595,000 | 26 LAVENDER VALE |
1 Jun 2023 | £709,213 | £695,000 | 56 LAVENDER VALE |
12 Aug 2022 | £271,268 | £270,000 | FLAT 1 HEATH HOUSE, 115 STAFFORD ROAD |
29 Jul 2022 | £719,206 | £712,000 | 11 MILTON ROAD |
27 Jul 2022 | £694,964 | £688,000 | 28 LAVENDER VALE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 19 Oct 2015. Using an estimated price of £717,014 means this house is valued at £6,701 per sq meter (£622 per sq foot).
The average size of a house on MILTON ROAD is 110 sq meters (1,190 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Wordsworth Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Wordsworth Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lavender Vale |