£394,443
This estimated value is based upon the latest sale price for the house of £285,000 on 22 Dec 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 |
|---|---|
| £285,000 | 22 Dec 2015 |
| £175,000 | 5 Nov 2009 |
| £169,000 | 12 Jan 2007 |
| £123,000 | 16 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 639 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 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £285,000 results in an estimated price of approximately £394,443.
| 22 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £285,000 | £109,443 | £394,443 |
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 | 108.591 % | £309,485 | £594,485 |
| 3 Month Average | 47.182 % | £134,469 | £419,469 |
| 6 Month Average | 34.255 % | £97,625 | £382,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £334,959 | £330,000 | FLAT 4 ABIGAIL COURT, 12 MALDON ROAD |
| 25 Sep 2023 | £127,632 | £126,000 | FLAT 2 11 PARK ROAD |
| 13 Jul 2023 | £669,004 | £660,000 | 47 PARK ROAD |
| 6 Jan 2023 | £266,246 | £267,500 | FLAT 3 12 PARK ROAD |
| 21 Oct 2022 | £231,507 | £234,000 | FLAT 4 AIRBORNE HOUSE, 17 MALDON ROAD |
This house has a floor area of 59 sq meters or 639 sq feet when measured on 5 May 2009. Using an estimated price of £394,444 means this house is valued at £6,640 per sq meter (£616 per sq foot).
The average size of a house on MALDON ROAD is 60 sq meters (650 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Maldon Road |
| Apr 2024 | Anti-social behaviour | On or near Maldon Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Maldon Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Maldon Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Maldon Road |