£1,090,974
This estimated value is based upon the latest sale price for the house of £844,000 on 27 Apr 2017. 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 |
|---|---|
| £844,000 | 27 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 190 sq meters or 2,045 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 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £844,000 results in an estimated price of approximately £1,090,974.
| 27 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £844,000 | £246,974 | £1,090,974 |
The Postcode Pricing Model uses changes in average sales price within the CR8 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 | -7.511 % | £-63,391 | £780,608 |
| 3 Month Average | 6.190 % | £52,241 | £896,241 |
| 6 Month Average | 16.318 % | £137,725 | £981,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Feb 2023 | £934,371 | £935,000 | 3 RIDGE PARK |
| 27 Jan 2023 | £1,393,436 | £1,400,000 | 30 THE RIDGE |
| 7 Sep 2022 | £1,081,268 | £1,090,000 | 8 GREEN LANE |
| 26 Aug 2022 | £777,906 | £780,000 | 15 STRATTON AVENUE |
| 28 Jan 2022 | £1,394,441 | £1,325,000 | 2A GREEN LANE |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 17 Jan 2017. Using an estimated price of £1,090,974 means this house is valued at £5,741 per sq meter (£533 per sq foot).
The average size of a house on RIDGE PARK is 235 sq meters (2,534 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Ridge Park |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Ridge Park |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Ridge Park |
| Jan 2024 | Vehicle crime | Under investigation | On or near High Beeches Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Drive |