£924,541
This estimated value is based upon the latest sale price for the house of £555,000 on 30 Aug 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Woodcote Road, Wallington, SM6 0LT
Phone: 02035422152
| Price Paid | Date |
|---|---|
| £555,000 | 30 Aug 2013 |
| £394,000 | 10 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 170 sq meters or 1,832 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 August 2013 the House Price Index for GREATER LONDON was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £555,000 results in an estimated price of approximately £924,541.
| 30 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £555,000 | £369,541 | £924,541 |
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 | 10.764 % | £59,741 | £614,741 |
| 3 Month Average | 37.906 % | £210,375 | £765,375 |
| 6 Month Average | 57.200 % | £317,458 | £872,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £859,521 | £840,000 | 7 FARM CLOSE |
| 6 Jun 2023 | £1,250,051 | £1,225,000 | 18 LORDSBURY FIELD |
| 12 Aug 2022 | £1,175,497 | £1,170,000 | 19 THE DRIVE |
| 21 Dec 2021 | £1,359,928 | £1,260,000 | 32 LORDSBURY FIELD |
| 29 Sep 2021 | £944,445 | £870,000 | 141 SANDY LANE SOUTH |
This house has a floor area of 170 sq meters or 1,832 sq feet when measured on 3 Jan 2012. Using an estimated price of £924,542 means this house is valued at £5,430 per sq meter (£504 per sq foot).
The average size of a house on THE DRIVE is 168 sq meters (1,819 sq feet).