£576,626
This estimated value is based upon the latest sale price for the house of £309,500 on 8 May 2009. 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 |
---|---|
£309,500 | 8 May 2009 |
£309,500 | 8 May 2009 |
£297,500 | 17 Dec 2004 |
£240,000 | 20 Sep 2001 |
Semi-Detached |
Freehold |
Floor Area: 152 sq meters or 1,637 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 2009 the House Price Index for GREATER LONDON was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £309,500 results in an estimated price of approximately £576,626.
8 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 149.7 | 86.309 % | £309,500 | £267,126 | £576,626 |
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 | 52.756 % | £163,279 | £472,779 |
3 Month Average | 87.479 % | £270,747 | £580,247 |
6 Month Average | 97.095 % | £300,508 | £610,008 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £243,745 | £240,000 | FLAT 6 CLAVERTON, 9 BRIDGE ROAD |
20 Oct 2023 | £333,576 | £326,000 | 16 BELMONT ROAD |
12 Oct 2023 | £429,761 | £420,000 | 46 CLIFTON ROAD |
9 Oct 2023 | £434,877 | £425,000 | 38 BELMONT ROAD |
27 Sep 2023 | £242,853 | £237,500 | 56 CLIFTON ROAD |
This house has a floor area of 152 sq meters or 1,637 sq feet when measured on 3 Mar 2009. Using an estimated price of £576,627 means this house is valued at £3,789 per sq meter (£352 per sq foot).
The average size of a house on CLIFTON ROAD is 117 sq meters (1,267 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Belmont Road |