£704,047
This estimated value is based upon the latest sale price for the house of £530,000 on 13 Sep 2016. 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 |
---|---|
£530,000 | 13 Sep 2016 |
Semi-Detached |
Freehold |
Floor Area: 142 sq meters or 1,528 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 September 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £530,000 results in an estimated price of approximately £704,047.
13 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £530,000 | £174,047 | £704,047 |
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 | 109.933 % | £582,645 | £1,112,645 |
3 Month Average | 27.557 % | £146,053 | £676,053 |
6 Month Average | 14.199 % | £75,256 | £605,256 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Aug 2023 | £423,707 | £420,000 | 24 ST CHRISTOPHERS MEWS |
14 Jul 2023 | £352,241 | £347,500 | 24 BUTE GARDENS WEST |
23 Jun 2023 | £566,867 | £560,000 | 20 OSMOND GARDENS |
31 Aug 2022 | £613,349 | £615,000 | 3 BUTE GARDENS WEST |
14 Apr 2022 | £371,757 | £361,000 | 36 BUTE GARDENS WEST |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 31 May 2016. Using an estimated price of £704,047 means this house is valued at £4,958 per sq meter (£460 per sq foot).
The average size of a house on OSMOND GARDENS is 156 sq meters (1,679 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Osmond Gardens |
Feb 2024 | Anti-social behaviour | On or near Osmond Gardens | |
Feb 2024 | Anti-social behaviour | On or near Osmond Gardens | |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Osmond Gardens |
Apr 2024 | Vehicle crime | Under investigation | On or near St Christopher'S Mews |