£961,188
This estimated value is based upon the latest sale price for the house of £940,000 on 8 Sep 2023. 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 |
|---|---|
| £940,000 | 8 Sep 2023 |
| £382,500 | 4 Oct 2011 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,294 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 September 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £940,000 results in an estimated price of approximately £961,188.
| 8 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £940,000 | £21,188 | £961,188 |
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 | -10.225 % | £-96,116 | £843,883 |
| 3 Month Average | -13.934 % | £-130,979 | £809,020 |
| 6 Month Average | -0.533 % | £-5,008 | £934,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £828,824 | £810,000 | 16 CRANLEY GARDENS |
| 8 Sep 2023 | £961,189 | £940,000 | 1 GROSVENOR GARDENS |
| 14 Apr 2023 | £825,439 | £810,000 | 17 CRANLEY GARDENS |
| 11 Apr 2023 | £377,052 | £370,000 | FLAT C 84 ONSLOW GARDENS |
| 29 Mar 2023 | £345,774 | £340,000 | 13A CRANLEY GARDENS |
This house has a floor area of 120 sq meters or 1,294 sq feet when measured on 5 Mar 2010. Using an estimated price of £961,189 means this house is valued at £7,989 per sq meter (£742 per sq foot).
The average size of a house on GROSVENOR GARDENS is 143 sq meters (1,539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Blenheim Gardens |