£1,324,665
This estimated value is based upon the latest sale price for the house of £987,500 on 7 Jul 2016. 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 |
|---|---|
| £987,500 | 7 Jul 2016 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £987,500 results in an estimated price of approximately £1,324,665.
| 7 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £987,500 | £337,165 | £1,324,665 |
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 | -17.029 % | £-168,157 | £819,342 |
| 3 Month Average | 2.089 % | £20,625 | £1,008,125 |
| 6 Month Average | 12.482 % | £123,263 | £1,110,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £859,521 | £840,000 | 7 FARM CLOSE |
| 29 Sep 2023 | £628,863 | £615,000 | 94 ALINGTON GROVE |
| 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 |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 29 Feb 2016. Using an estimated price of £1,324,665 means this house is valued at £8,772 per sq meter (£815 per sq foot).
The average size of a house on LORDSBURY FIELD is 177 sq meters (1,911 sq feet).