£387,501
This estimated value is based upon the latest sale price for the house of £222,500 on 12 Oct 2011. 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 |
|---|---|
| £222,500 | 12 Oct 2011 |
| £178,000 | 21 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 828 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 October 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £222,500 results in an estimated price of approximately £387,501.
| 12 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £222,500 | £165,001 | £387,501 |
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 | 23.513 % | £52,317 | £274,817 |
| 3 Month Average | 59.979 % | £133,453 | £355,953 |
| 6 Month Average | 80.523 % | £179,163 | £401,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £557,119 | £540,000 | 82 STAFFORD ROAD |
| 2 Oct 2023 | £332,553 | £325,000 | 114 STAFFORD ROAD |
| 22 Sep 2023 | £281,199 | £275,000 | FLAT 3 4 HINTON ROAD |
| 20 Apr 2023 | £254,765 | £250,000 | PEREGRINE HOUSE, 64 STAFFORD ROAD |
| 20 Sep 2022 | £435,709 | £436,000 | 106 STAFFORD ROAD |
This house has a floor area of 76 sq meters or 828 sq feet when measured on 17 Jun 2011. Using an estimated price of £387,502 means this house is valued at £5,035 per sq meter (£467 per sq foot).
The average size of a house on FRANCIS ROAD is 79 sq meters (858 sq feet).