£596,900
This estimated value is based upon the latest sale price for the house of £470,000 on 3 Nov 2017. 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 |
---|---|
£470,000 | 3 Nov 2017 |
£140,500 | 31 Jan 2000 |
Semi-Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 November 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £470,000 results in an estimated price of approximately £596,900.
3 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £470,000 | £126,900 | £596,900 |
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 | -7.070 % | £-33,229 | £436,770 |
3 Month Average | 14.045 % | £66,011 | £536,011 |
6 Month Average | 17.396 % | £81,763 | £551,763 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £281,199 | £275,000 | FLAT 3 4 HINTON ROAD |
9 Sep 2022 | £249,833 | £250,000 | FLAT 5 4 HINTON ROAD |
15 Feb 2022 | £528,229 | £500,000 | 62 COWPER GARDENS |
7 May 2021 | £170,988 | £150,200 | 1 HINTON ROAD |
30 Jul 2020 | £535,988 | £440,000 | 18 COWPER GARDENS |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 26 Aug 2017. Using an estimated price of £596,900 means this house is valued at £5,909 per sq meter (£549 per sq foot).
The average size of a house on COWPER GARDENS is 98 sq meters (1,057 sq feet).