£274,795
This estimated value is based upon the latest sale price for the house of £224,000 on 5 Dec 2019. 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 |
|---|---|
| £224,000 | 5 Dec 2019 |
| £125,000 | 3 Aug 2017 |
| £215,000 | 16 Jun 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £224,000 results in an estimated price of approximately £274,795.
| 5 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £224,000 | £50,795 | £274,795 |
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 | 80.590 % | £180,521 | £404,521 |
| 3 Month Average | 17.925 % | £40,152 | £264,152 |
| 6 Month Average | 3.358 % | £7,521 | £231,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £425,500 | £425,500 | 55 MELBOURNE ROAD |
| 5 Jun 2023 | £592,173 | £585,000 | 28 BELMONT ROAD |
| 24 Feb 2023 | £325,781 | £326,000 | FLAT 8 20 - 22 BELMONT ROAD |
| 29 Mar 2022 | £300,516 | £290,000 | FLAT 2 17 BELMONT ROAD |
| 28 Mar 2022 | £357,510 | £345,000 | 12 OXFORD ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 2 Dec 2015. Using an estimated price of £274,795 means this house is valued at £5,388 per sq meter (£500 per sq foot).
The average size of a house on BELMONT ROAD is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Belmont Road |
| Mar 2024 | Anti-social behaviour | On or near Belmont Road | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Belmont Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Belmont Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Belmont Road |