£537,580
This estimated value is based upon the latest sale price for the house of £179,950 on 26 Apr 2002. 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 |
|---|---|
| £179,950 | 26 Apr 2002 |
| Semi-Detached |
| Freehold |
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 April 2002 the House Price Index for GREATER LONDON was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £179,950 results in an estimated price of approximately £537,580.
| 26 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 148.6 | 198.739 % | £179,950 | £357,630 | £537,580 |
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 | 358.291 % | £644,744 | £824,694 |
| 3 Month Average | 214.275 % | £385,587 | £565,537 |
| 6 Month Average | 182.163 % | £327,802 | £507,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £608,784 | £601,000 | 6 RALEIGH AVENUE |
| 21 Mar 2023 | £565,326 | £560,000 | 22 RALEIGH AVENUE |
| 3 Feb 2023 | £849,428 | £850,000 | 31 QUEENSWOOD AVENUE |
| 25 Nov 2022 | £731,144 | £740,000 | 18 RALEIGH AVENUE |
| 25 May 2022 | £535,082 | £525,000 | 7 FERRERS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Raleigh Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Raleigh Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ferrers Avenue |
| Feb 2024 | Vehicle crime | Under investigation | On or near Ferrers Avenue |
| Jan 2024 | Vehicle crime | Under investigation | On or near Ferrers Avenue |