£401,403
This estimated value is based upon the latest sale price for the house of £273,000 on 29 May 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 |
|---|---|
| £273,000 | 29 May 2015 |
| £85,000 | 1 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 May 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £273,000 results in an estimated price of approximately £401,403.
| 29 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £273,000 | £128,403 | £401,403 |
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 | -14.585 % | £-39,816 | £233,183 |
| 3 Month Average | 25.991 % | £70,955 | £343,955 |
| 6 Month Average | 33.770 % | £92,192 | £365,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £558,582 | £550,000 | 51 PLOUGH LANE |
| 10 Nov 2023 | £415,548 | £405,000 | 17 CLOUSTON CLOSE |
| 24 Apr 2023 | £458,577 | £450,000 | 37 UPPER ROAD |
| 13 Jan 2023 | £436,165 | £435,000 | 17 PLOUGH LANE CLOSE |
| 5 Aug 2022 | £401,879 | £400,000 | 28 UPPER ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 4 Mar 2015. Using an estimated price of £401,404 means this house is valued at £5,017 per sq meter (£466 per sq foot).
The average size of a house on PLOUGH LANE CLOSE is 76 sq meters (827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Plough Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Theatre/Concert Hall |