£615,205
This estimated value is based upon the latest sale price for the house of £570,000 on 9 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Cottage, 17 Belmont Road, Wallington,, SM6 8TE
Phone: 02036414443
| Price Paid | Date |
|---|---|
| £570,000 | 9 Dec 2021 |
| £465,000 | 4 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £570,000 results in an estimated price of approximately £615,205.
| 9 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £570,000 | £45,205 | £615,205 |
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 | -39.164 % | £-223,237 | £346,762 |
| 3 Month Average | 2.059 % | £11,738 | £581,738 |
| 6 Month Average | 7.598 % | £43,309 | £613,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £323,978 | £319,000 | 20 UPPER ROAD |
| 12 Oct 2023 | £1,018,124 | £995,000 | 277 STAFFORD ROAD |
| 24 Apr 2023 | £458,577 | £450,000 | 37 UPPER ROAD |
| 17 Mar 2023 | £401,709 | £395,000 | 7 UPPER ROAD |
| 3 Mar 2023 | £762,738 | £750,000 | 46 LINK LANE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 9 Feb 2016. Using an estimated price of £615,206 means this house is valued at £5,258 per sq meter (£488 per sq foot).
The average size of a house on STAFFORD ROAD is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Parking Area |
| Apr 2024 | Burglary | Under investigation | On or near Link Lane |
| Apr 2024 | Shoplifting | Under investigation | On or near Stafford Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Stafford Road |
| Apr 2024 | Burglary | Under investigation | On or near Redford Avenue |