£624,471
This estimated value is based upon the latest sale price for the house of £207,500 on 2 Apr 2002. 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 |
---|---|
£207,500 | 2 Apr 2002 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 2002 the House Price Index for GREATER LONDON was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £207,500 results in an estimated price of approximately £624,471.
2 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.7 | 149.7 | 200.950 % | £207,500 | £416,971 | £624,471 |
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 | 100.864 % | £209,292 | £416,792 |
3 Month Average | 161.784 % | £335,701 | £543,201 |
6 Month Average | 180.896 % | £375,360 | £582,860 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £432,139 | £425,500 | 55 MELBOURNE ROAD |
20 Oct 2023 | £333,576 | £326,000 | 16 BELMONT ROAD |
9 Oct 2023 | £434,877 | £425,000 | 38 BELMONT ROAD |
4 Aug 2023 | £463,357 | £455,000 | 18 OXFORD ROAD |
5 Jun 2023 | £596,963 | £585,000 | 28 BELMONT ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 27 Jun 2017. Using an estimated price of £624,471 means this house is valued at £9,757 per sq meter (£906 per sq foot).
The average size of a house on MELBOURNE ROAD is 69 sq meters (744 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Melbourne Close | |
Apr 2024 | Anti-social behaviour | On or near Melbourne Close | |
Apr 2024 | Anti-social behaviour | On or near Melbourne Close | |
Apr 2024 | Anti-social behaviour | On or near Melbourne Close | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Belmont Road |