£397,979
This estimated value is based upon the latest sale price for the house of £328,000 on 6 Mar 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 |
---|---|
£328,000 | 6 Mar 2020 |
£287,000 | 30 Mar 2015 |
£225,000 | 24 Apr 2007 |
£178,000 | 6 Feb 2004 |
Semi-Detached |
Freehold |
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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £328,000 results in an estimated price of approximately £397,979.
6 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £328,000 | £69,979 | £397,979 |
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 | -41.247 % | £-135,289 | £192,710 |
3 Month Average | -13.663 % | £-44,814 | £283,185 |
6 Month Average | 0.774 % | £2,538 | £330,538 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £323,978 | £319,000 | 20 UPPER ROAD |
24 Apr 2023 | £458,577 | £450,000 | 37 UPPER ROAD |
17 Mar 2023 | £401,709 | £395,000 | 7 UPPER ROAD |
28 Feb 2023 | £437,925 | £435,000 | 2A UPPER ROAD |
5 Aug 2022 | £401,879 | £400,000 | 28 UPPER ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 5 Dec 2018. Using an estimated price of £397,980 means this house is valued at £5,685 per sq meter (£528 per sq foot).
The average size of a house on UPPER ROAD is 76 sq meters (822 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Theatre/Concert Hall |
Apr 2024 | Other theft | Under investigation | On or near Parking Area |
Apr 2024 | Vehicle crime | Under investigation | On or near Plough Lane |