£836,447
This estimated value is based upon the latest sale price for the house of £670,000 on 25 Jul 2018. 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 |
|---|---|
| £670,000 | 25 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 July 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £670,000 results in an estimated price of approximately £836,447.
| 25 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £670,000 | £166,447 | £836,447 |
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 | -24.547 % | £-164,464 | £505,535 |
| 3 Month Average | -5.550 % | £-37,182 | £632,817 |
| 6 Month Average | 15.470 % | £103,646 | £773,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £745,000 | £745,000 | 4 CARLETON AVENUE |
| 15 Mar 2024 | £778,968 | £767,000 | 39 THE DRIVE |
| 31 Jan 2023 | £877,344 | £875,000 | 50 CARLETON AVENUE |
| 26 Aug 2022 | £783,664 | £780,000 | 15 STRATTON AVENUE |
| 30 Jun 2022 | £960,532 | £940,000 | 53 CARLETON AVENUE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 31 Jan 2018. Using an estimated price of £836,447 means this house is valued at £6,289 per sq meter (£584 per sq foot).
The average size of a house on STRATTON AVENUE is 134 sq meters (1,444 sq feet).