£741,221
This estimated value is based upon the latest sale price for the house of £435,000 on 17 Dec 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 Wallington Square, Wallington, SM6 8RG
Phone: 02036411322
Price Paid | Date |
---|---|
£435,000 | 17 Dec 2012 |
£328,000 | 3 Oct 2005 |
Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 2012 the House Price Index for GREATER LONDON was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £435,000 results in an estimated price of approximately £741,221.
17 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 149.7 | 70.396 % | £435,000 | £306,221 | £741,221 |
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 | 15.271 % | £66,430 | £501,430 |
3 Month Average | 54.976 % | £239,143 | £674,143 |
6 Month Average | 68.903 % | £299,727 | £734,727 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 May 2024 | £745,000 | £745,000 | 4 CARLETON AVENUE |
30 Nov 2023 | £718,232 | £700,000 | 1 HAMILTON WAY |
31 Jan 2023 | £877,344 | £875,000 | 50 CARLETON AVENUE |
26 Aug 2022 | £783,664 | £780,000 | 15 STRATTON AVENUE |
30 Jun 2022 | £960,532 | £940,000 | 53 CARLETON AVENUE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 18 Sep 2012. Using an estimated price of £741,221 means this house is valued at £6,125 per sq meter (£569 per sq foot).
The average size of a house on CARLETON AVENUE is 138 sq meters (1,490 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Ingleby Way |