£324,880
This estimated value is based upon the latest sale price for the house of £150,500 on 9 Jan 2004. 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 |
|---|---|
| £150,500 | 9 Jan 2004 |
| £150,000 | 10 Jun 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 January 2004 the House Price Index for GREATER LONDON was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £150,500 results in an estimated price of approximately £324,880.
| 9 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 149.7 | 115.867 % | £150,500 | £174,380 | £324,880 |
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 | 60.273 % | £90,710 | £241,210 |
| 3 Month Average | 99.761 % | £150,140 | £300,640 |
| 6 Month Average | 116.428 % | £175,224 | £325,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £235,345 | £230,000 | 32 CHARLOTTE ROAD |
| 22 Sep 2023 | £281,199 | £275,000 | FLAT 3 4 HINTON ROAD |
| 25 Apr 2023 | £377,052 | £370,000 | FLAT 15 35 STAFFORD ROAD |
| 9 Sep 2022 | £249,833 | £250,000 | FLAT 5 4 HINTON ROAD |
| 10 Jun 2022 | £385,235 | £377,000 | FLAT 18 35 STAFFORD ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 11 Jan 2013. Using an estimated price of £324,880 means this house is valued at £4,998 per sq meter (£464 per sq foot).
The average size of a house on CHARLOTTE ROAD is 93 sq meters (1,009 sq feet).