£554,980
This estimated value is based upon the latest sale price for the house of £480,000 on 9 Dec 2020. 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 |
|---|---|
| £480,000 | 9 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £480,000 results in an estimated price of approximately £554,980.
| 9 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £480,000 | £74,980 | £554,980 |
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 | -36.533 % | £-175,359 | £304,640 |
| 3 Month Average | -7.274 % | £-34,914 | £445,085 |
| 6 Month Average | 4.793 % | £23,008 | £503,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £603,712 | £590,000 | 5 THE HOLT |
| 8 Nov 2021 | £714,725 | £656,000 | 6 BAMPFYLDE CLOSE |
| 30 Sep 2021 | £514,434 | £473,884 | 4 THE HOLT |
| 16 Sep 2021 | £705,620 | £650,000 | 6 THE HOLT |
| 7 Sep 2021 | £15,198 | £14,000 | GARAGE 8 BERKELEY COURT |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 20 Aug 2020. Using an estimated price of £554,980 means this house is valued at £8,161 per sq meter (£758 per sq foot).
The average size of a house on BUTE ROAD is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Croydon Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grassway |
| Apr 2024 | Other theft | Under investigation | On or near Bute Road |
| Apr 2024 | Anti-social behaviour | On or near Bute Road | |
| Apr 2024 | Anti-social behaviour | On or near Bute Road |