£356,342
This estimated value is based upon the latest sale price for the house of £295,000 on 6 Aug 2020. 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 |
|---|---|
| £295,000 | 6 Aug 2020 |
| £57,500 | 21 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 41 sq meters or 441 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 August 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £295,000 results in an estimated price of approximately £356,342.
| 6 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £295,000 | £61,342 | £356,342 |
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 | -46.315 % | £-136,630 | £158,369 |
| 3 Month Average | 25.368 % | £74,835 | £369,835 |
| 6 Month Average | 15.030 % | £44,337 | £339,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £321,946 | £317,000 | 49B SANDY LANE SOUTH |
| 8 Jun 2023 | £965,346 | £946,000 | 39 THE NEWLANDS |
| 2 Feb 2023 | £901,019 | £895,000 | 10 THE NEWLANDS |
| 30 Mar 2022 | £840,367 | £805,001 | 3 COURT CLOSE |
| 14 Jan 2022 | £874,664 | £825,000 | 87 SANDY LANE SOUTH |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 19 May 2020. Using an estimated price of £356,343 means this house is valued at £8,691 per sq meter (£807 per sq foot).
The average size of a house on OAKLANDS WAY is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ingleby Way |
| Apr 2024 | Vehicle crime | Under investigation | On or near Ingleby Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wordsworth Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Wordsworth Road |