£1,125,916
This estimated value is based upon the latest sale price for the house of £973,800 on 22 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Woodcote Road, Wallington, SM6 0LT
Phone: 02035422152
| Price Paid | Date |
|---|---|
| £973,800 | 22 Dec 2020 |
| £523,000 | 12 Dec 2005 |
| Detached |
| Freehold |
| Floor Area: 192 sq meters or 2,066 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 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £973,800 results in an estimated price of approximately £1,125,916.
| 22 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £973,800 | £152,116 | £1,125,916 |
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 | -36.533 % | £-355,760 | £618,039 |
| 3 Month Average | -7.274 % | £-70,833 | £902,966 |
| 6 Month Average | 4.793 % | £46,678 | £1,020,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £859,521 | £840,000 | 7 FARM CLOSE |
| 6 Jun 2023 | £1,250,051 | £1,225,000 | 18 LORDSBURY FIELD |
| 12 Aug 2022 | £1,175,497 | £1,170,000 | 19 THE DRIVE |
| 21 Dec 2021 | £1,359,928 | £1,260,000 | 32 LORDSBURY FIELD |
| 25 Jun 2021 | £1,037,632 | £960,000 | 7 THE DRIVE |
This house has a floor area of 192 sq meters or 2,066 sq feet when measured on 25 Feb 2020. Using an estimated price of £1,125,917 means this house is valued at £5,864 per sq meter (£544 per sq foot).
The average size of a house on LORDSBURY FIELD is 177 sq meters (1,911 sq feet).