£300,852
This estimated value is based upon the latest sale price for the house of £290,000 on 14 Apr 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 |
---|---|
£290,000 | 14 Apr 2022 |
£249,000 | 30 Oct 2015 |
£170,000 | 25 Jul 2003 |
£152,000 | 13 Aug 2002 |
£114,950 | 31 May 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 April 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £290,000 results in an estimated price of approximately £300,852.
14 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £290,000 | £10,852 | £300,852 |
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 | -39.462 % | £-114,440 | £175,559 |
3 Month Average | -9.573 % | £-27,760 | £262,239 |
6 Month Average | -2.088 % | £-6,055 | £283,944 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £247,609 | £240,000 | FLAT 18 BARONS COURT, 21 WHELAN WAY |
16 Oct 2023 | £393,947 | £385,000 | FLAT 38 SAXON HOUSE, 170 LONDON ROAD |
17 Aug 2023 | £493,908 | £485,000 | 30 CHURCH LANE |
16 Jun 2023 | £443,896 | £435,000 | 6 CHURCH PADDOCK COURT |
4 Nov 2022 | £511,608 | £514,000 | 23 CHURCH LANE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 29 Apr 2015. Using an estimated price of £300,852 means this house is valued at £6,267 per sq meter (£582 per sq foot).
The average size of a house on CHURCH PADDOCK COURT is 70 sq meters (759 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).