£371,718
This estimated value is based upon the latest sale price for the house of £298,500 on 30 May 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 |
---|---|
£298,500 | 30 May 2019 |
£198,000 | 29 Feb 2008 |
£164,950 | 2 Jul 2004 |
£115,000 | 26 Oct 2001 |
£58,000 | 3 May 1996 |
Semi-Detached |
Leasehold |
Floor Area: 70 sq meters or 753 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 May 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £298,500 results in an estimated price of approximately £371,718.
30 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £298,500 | £73,218 | £371,718 |
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 | -31.953 % | £-95,378 | £203,121 |
3 Month Average | -7.246 % | £-21,629 | £276,870 |
6 Month Average | 0.802 % | £2,393 | £300,893 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £755,206 | £732,000 | 22 MORTON GARDENS |
16 Jun 2023 | £298,992 | £293,000 | 55 MONTAGU GARDENS |
28 Apr 2023 | £611,436 | £600,000 | 15 OSMOND GARDENS |
22 Feb 2023 | £571,820 | £568,000 | 1 OSMOND GARDENS |
4 Jul 2022 | £717,186 | £710,000 | 52 MONTAGU GARDENS |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 6 Nov 2018. Using an estimated price of £371,718 means this house is valued at £5,310 per sq meter (£493 per sq foot).
The average size of a house on MORTON GARDENS is 118 sq meters (1,270 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Osmond Gardens |
Apr 2024 | Vehicle crime | Under investigation | On or near The Bridleway |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Southway |
Apr 2024 | Vehicle crime | Under investigation | On or near Bute Gardens West |