£637,444
This estimated value is based upon the latest sale price for the house of £500,000 on 24 Jul 2017. 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 |
---|---|
£500,000 | 24 Jul 2017 |
£298,000 | 5 Apr 2011 |
£314,000 | 16 Oct 2006 |
£175,000 | 29 Sep 1999 |
£122,300 | 25 Sep 1997 |
Detached |
Freehold |
Floor Area: 113 sq meters or 1,216 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 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £500,000 results in an estimated price of approximately £637,444.
24 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £500,000 | £137,444 | £637,444 |
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 | 105.838 % | £529,189 | £1,029,189 |
3 Month Average | 21.256 % | £106,280 | £606,280 |
6 Month Average | 11.221 % | £56,103 | £556,103 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £443,883 | £440,000 | 6 MILLBANK DEMESNE ROAD |
15 Jul 2022 | £641,727 | £640,000 | 9 BANDON RISE |
8 Jun 2022 | £314,444 | £310,000 | 45 CAREW ROAD |
5 May 2022 | £492,887 | £483,600 | 2 THARP ROAD |
5 Apr 2022 | £419,128 | £407,000 | 14 MILLBANK DEMESNE ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 24 Jul 2012. Using an estimated price of £637,444 means this house is valued at £5,641 per sq meter (£524 per sq foot).
The average size of a house on DEMESNE ROAD is 105 sq meters (1,134 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mellows Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ross Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ross Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Carew Road |
Jan 2024 | Anti-social behaviour | On or near Carew Road |