£485,375
This estimated value is based upon the latest sale price for the house of £475,000 on 1 Jun 2022. 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 |
---|---|
£475,000 | 1 Jun 2022 |
£375,000 | 26 May 2016 |
£180,000 | 12 Mar 2004 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 June 2022 the House Price Index for GREATER LONDON was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £475,000 results in an estimated price of approximately £485,375.
1 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £475,000 | £10,375 | £485,375 |
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 | -29.166 % | £-138,539 | £336,460 |
3 Month Average | -3.108 % | £-14,763 | £460,236 |
6 Month Average | -0.794 % | £-3,771 | £471,228 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £263,484 | £257,500 | FLAT 3 BARCLAY COURT, 117 SANDY LANE NORTH |
23 Jun 2023 | £520,429 | £510,000 | 14 BEDDINGTON GROVE |
31 Mar 2023 | £1,347,503 | £1,325,000 | BANDON HILL METHODIST CHURCH SANDY LANE NORTH |
23 Jan 2023 | £270,723 | £270,000 | FLAT 4 BARCLAY COURT, 117 SANDY LANE NORTH |
5 Aug 2022 | £462,161 | £460,000 | 33 BEDDINGTON GROVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 5 Sep 2015. Using an estimated price of £485,375 means this house is valued at £6,741 per sq meter (£626 per sq foot).
The average size of a house on BEDDINGTON GROVE is 83 sq meters (899 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Beddington Grove |