£427,607
This estimated value is based upon the latest sale price for the house of £281,000 on 25 Jul 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Arran Close
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The Cottage, 17 Belmont Road, Wallington,, SM6 8TE
Phone: 02036414443
| Price Paid | Date |
|---|---|
| £281,000 | 25 Jul 2014 |
| £250,000 | 22 Nov 2013 |
| £185,500 | 23 Sep 2010 |
| £97,000 | 27 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 July 2014 the House Price Index for GREATER LONDON was 97.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 52.174%.Applying this 52.174% change to the original purchase price of £281,000 results in an estimated price of approximately £427,607.
| 25 Jul 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.0 | 52.174 % | £281,000 | £146,607 | £427,607 |
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 | 160.876 % | £452,062 | £733,062 |
| 3 Month Average | 52.186 % | £146,643 | £427,643 |
| 6 Month Average | 45.198 % | £127,007 | £408,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £217,053 | £215,000 | FLAT 7 GLEN HOUSE, 72 BUTE ROAD |
| 7 Jul 2023 | £474,488 | £470,000 | 18 HIGHLAND COTTAGES |
| 26 Mar 2023 | £382,065 | £380,000 | 20 ARRAN CLOSE |
| 17 Nov 2022 | £216,489 | £220,000 | FLAT 9 GLEN HOUSE, 72 BUTE ROAD |
| 21 Oct 2022 | £230,573 | £234,000 | FLAT 4 AIRBORNE HOUSE, 17 MALDON ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 23 Jul 2013. Using an estimated price of £427,608 means this house is valued at £7,009 per sq meter (£651 per sq foot).
The average size of a house on ARRAN CLOSE is 71 sq meters (765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Arran Close |
| Apr 2024 | Other theft | Under investigation | On or near Bute Road |
| Apr 2024 | Anti-social behaviour | On or near Bute Road | |
| Apr 2024 | Drugs | Under investigation | On or near Bute Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Bute Road |