£503,988
This estimated value is based upon the latest sale price for the house of £405,000 on 7 Feb 2018. 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 |
|---|---|
| £405,000 | 7 Feb 2018 |
| £200,000 | 17 Jan 2013 |
| £190,000 | 6 Nov 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 February 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.442%.Applying this 24.442% change to the original purchase price of £405,000 results in an estimated price of approximately £503,988.
| 7 Feb 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.0 | 24.442 % | £405,000 | £98,988 | £503,988 |
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 | 75.240 % | £304,723 | £709,723 |
| 3 Month Average | 28.035 % | £113,541 | £518,541 |
| 6 Month Average | 20.433 % | £82,751 | £487,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £418,545 | £416,000 | 52 BELMONT ROAD |
| 5 Jun 2023 | £589,782 | £585,000 | 28 BELMONT ROAD |
| 24 Feb 2023 | £324,465 | £326,000 | FLAT 8 20 - 22 BELMONT ROAD |
| 29 Mar 2022 | £299,303 | £290,000 | FLAT 2 17 BELMONT ROAD |
| 2 Feb 2022 | £537,897 | £515,000 | 34 BELMONT ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 5 Jun 2017. Using an estimated price of £503,988 means this house is valued at £12,599 per sq meter (£1,170 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 | Vehicle crime | Under investigation | On or near Belmont Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Belmont Road |
| Mar 2024 | Anti-social behaviour | On or near Belmont Road | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Belmont Road |