£839,889
This estimated value is based upon the latest sale price for the house of £352,000 on 2 May 2003. 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 |
---|---|
£352,000 | 2 May 2003 |
Semi-Detached |
Freehold |
Floor Area: 154 sq meters or 1,657 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 2003 the House Price Index for GREATER LONDON was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £352,000 results in an estimated price of approximately £839,889.
2 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.7 | 149.7 | 138.605 % | £352,000 | £487,889 | £839,889 |
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 | 56.584 % | £199,177 | £551,177 |
3 Month Average | 112.514 % | £396,050 | £748,050 |
6 Month Average | 136.134 % | £479,191 | £831,191 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2023 | £377,052 | £370,000 | FLAT 15 35 STAFFORD ROAD |
25 Aug 2022 | £828,876 | £825,000 | 36 BLENHEIM GARDENS |
10 Jun 2022 | £385,235 | £377,000 | FLAT 18 35 STAFFORD ROAD |
12 Feb 2021 | £714,191 | £624,500 | 49 BLENHEIM GARDENS |
1 Jul 2020 | £428,790 | £352,000 | 56 COWPER GARDENS |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 15 Oct 2015. Using an estimated price of £839,890 means this house is valued at £5,453 per sq meter (£506 per sq foot).
The average size of a house on BLENHEIM GARDENS is 133 sq meters (1,438 sq feet).