£574,531
This estimated value is based upon the latest sale price for the house of £440,000 on 15 Mar 2017. 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 |
|---|---|
| £440,000 | 15 Mar 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 March 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £440,000 results in an estimated price of approximately £574,531.
| 15 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £440,000 | £134,531 | £574,531 |
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 | -6.258 % | £-27,537 | £412,462 |
| 3 Month Average | 1.219 % | £5,361 | £445,361 |
| 6 Month Average | 15.533 % | £68,345 | £508,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £555,000 | £555,000 | 16 ROYSTON AVENUE |
| 31 Aug 2023 | £499,000 | £490,000 | 51 QUEENSWOOD AVENUE |
| 20 Jan 2023 | £230,616 | £230,000 | 36C QUEENSWOOD AVENUE |
| 7 Jul 2022 | £565,668 | £560,000 | 11 ROYSTON AVENUE |
| 1 Jun 2022 | £470,048 | £460,000 | 59 QUEENSWOOD AVENUE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 13 Sep 2016. Using an estimated price of £574,532 means this house is valued at £5,420 per sq meter (£503 per sq foot).
The average size of a house on GOIDEL CLOSE is 133 sq meters (1,431 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Goidel Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Goidel Close |
| Apr 2024 | Other theft | Under investigation | On or near Iberian Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Iberian Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Royston Avenue |