£508,199
This estimated value is based upon the latest sale price for the house of £428,000 on 7 Sep 2020. 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 |
|---|---|
| £428,000 | 7 Sep 2020 |
| £355,000 | 26 Feb 2016 |
| £88,950 | 20 Oct 1997 |
| 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 September 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £428,000 results in an estimated price of approximately £508,199.
| 7 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £428,000 | £80,199 | £508,199 |
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 | 6.423 % | £27,488 | £455,488 |
| 3 Month Average | 13.240 % | £56,667 | £484,667 |
| 6 Month Average | 15.295 % | £65,460 | £493,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £466,913 | £460,000 | 6 MELLOWS ROAD |
| 28 Apr 2023 | £430,637 | £426,000 | 69 THARP ROAD |
| 10 Nov 2022 | £447,578 | £453,000 | 36 MELLOWS ROAD |
| 22 Jul 2022 | £531,431 | £530,000 | 42 MELLOWS ROAD |
| 1 Jul 2022 | £461,242 | £460,000 | 40 THARP ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 29 Jul 2015. Using an estimated price of £508,199 means this house is valued at £5,406 per sq meter (£502 per sq foot).
The average size of a house on MELLOWS ROAD is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Tharp Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mellows Road |
| Apr 2024 | Burglary | Under investigation | On or near Ross Road |
| Apr 2024 | Anti-social behaviour | On or near Ross Road | |
| Mar 2024 | Anti-social behaviour | On or near Ross Road |