£515,660
This estimated value is based upon the latest sale price for the house of £366,500 on 23 Oct 2015. 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 |
---|---|
£366,500 | 23 Oct 2015 |
£124,500 | 9 Oct 1998 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 October 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £366,500 results in an estimated price of approximately £515,660.
23 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.6 | 40.699 % | £366,500 | £149,160 | £515,660 |
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 | 116.066 % | £425,383 | £791,883 |
3 Month Average | 60.548 % | £221,907 | £588,407 |
6 Month Average | 31.737 % | £116,317 | £482,817 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £240,576 | £237,500 | 56 CLIFTON ROAD |
5 Jun 2023 | £592,173 | £585,000 | 28 BELMONT ROAD |
24 Feb 2023 | £325,781 | £326,000 | FLAT 8 20 - 22 BELMONT ROAD |
29 Mar 2022 | £300,516 | £290,000 | FLAT 2 17 BELMONT ROAD |
2 Feb 2022 | £540,078 | £515,000 | 34 BELMONT ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 24 Sep 2014. Using an estimated price of £515,661 means this house is valued at £5,485 per sq meter (£509 per sq foot).
The average size of a house on CLIFTON ROAD is 119 sq meters (1,281 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clifton Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clifton Road |
Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Clifton Road |
Jan 2024 | Public order | Under investigation | On or near Clifton Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Belmont Road |