£321,901
This estimated value is based upon the latest sale price for the house of £126,000 on 6 Dec 2002. 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 |
|---|---|
| £126,000 | 6 Dec 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 December 2002 the House Price Index for GREATER LONDON was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £126,000 results in an estimated price of approximately £321,901.
| 6 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 149.7 | 155.477 % | £126,000 | £195,901 | £321,901 |
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 | 80.870 % | £101,895 | £227,895 |
| 3 Month Average | 127.607 % | £160,784 | £286,784 |
| 6 Month Average | 145.090 % | £182,813 | £308,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £558,582 | £550,000 | 51 PLOUGH LANE |
| 10 Nov 2023 | £415,548 | £405,000 | 17 CLOUSTON CLOSE |
| 24 Apr 2023 | £458,577 | £450,000 | 37 UPPER ROAD |
| 13 Jan 2023 | £436,165 | £435,000 | 17 PLOUGH LANE CLOSE |
| 5 Aug 2022 | £401,879 | £400,000 | 28 UPPER ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 24 Oct 2019. Using an estimated price of £321,901 means this house is valued at £5,961 per sq meter (£553 per sq foot).
The average size of a house on PLOUGH LANE CLOSE is 76 sq meters (827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Plough Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Theatre/Concert Hall |