£382,730
This estimated value is based upon the latest sale price for the house of £285,000 on 6 May 2016. 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 |
---|---|
£285,000 | 6 May 2016 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 May 2016 the House Price Index for GREATER LONDON was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £285,000 results in an estimated price of approximately £382,730.
6 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £285,000 | £97,730 | £382,730 |
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 | 95.797 % | £273,020 | £558,020 |
3 Month Average | 28.380 % | £80,883 | £365,883 |
6 Month Average | 20.448 % | £58,277 | £343,277 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £425,500 | £425,500 | 55 MELBOURNE ROAD |
27 Sep 2023 | £240,576 | £237,500 | 56 CLIFTON ROAD |
5 Jun 2023 | £592,173 | £585,000 | 28 BELMONT ROAD |
22 Dec 2021 | £374,982 | £350,000 | 31 MELBOURNE ROAD |
30 Nov 2021 | £270,378 | £250,000 | 16A BELMONT ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 30 Mar 2016. Using an estimated price of £382,731 means this house is valued at £4,450 per sq meter (£413 per sq foot).
The average size of a house on CLIFTON ROAD is 119 sq meters (1,281 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Christopher'S Mews |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Christopher'S Mews |
Jan 2024 | Public order | Awaiting court outcome | On or near Melbourne Close |