£348,728
This estimated value is based upon the latest sale price for the house of £260,000 on 3 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Woodcote Road, Wallington, SM6 0LT
Phone: 02035422152
Price Paid | Date |
---|---|
£260,000 | 3 Aug 2016 |
£200,000 | 8 May 2012 |
£116,950 | 28 Aug 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 668 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £260,000 results in an estimated price of approximately £348,728.
3 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £260,000 | £88,728 | £348,728 |
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 | -21.385 % | £-55,601 | £204,398 |
3 Month Average | 2.929 % | £7,614 | £267,614 |
6 Month Average | 11.070 % | £28,781 | £288,781 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £263,084 | £255,000 | FLAT 7 TRINITY COURT, 77A WOODCOTE ROAD |
16 Jun 2023 | £165,313 | £162,000 | FLAT 29 MARLBOROUGH COURT CRANLEY GARDENS |
18 Jan 2023 | £230,616 | £230,000 | FLAT 22 MARLBOROUGH COURT CRANLEY GARDENS |
27 May 2022 | £297,757 | £290,000 | FLAT 9 TRINITY COURT, 77A WOODCOTE ROAD |
26 May 2022 | £200,216 | £195,000 | FLAT 18 MARLBOROUGH COURT CRANLEY GARDENS |
This house has a floor area of 62 sq meters or 668 sq feet when measured on 25 Nov 2011. Using an estimated price of £348,728 means this house is valued at £5,613 per sq meter (£521 per sq foot).
The average size of a house on CRANLEY GARDENS is 63 sq meters (687 sq feet).