£395,596
This estimated value is based upon the latest sale price for the house of £240,000 on 30 Oct 2013. 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 |
---|---|
£240,000 | 30 Oct 2013 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 October 2013 the House Price Index for GREATER LONDON was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £240,000 results in an estimated price of approximately £395,596.
30 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 149.7 | 64.832 % | £240,000 | £155,596 | £395,596 |
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 | 14.145 % | £33,949 | £273,949 |
3 Month Average | 47.789 % | £114,692 | £354,692 |
6 Month Average | 57.455 % | £137,890 | £377,890 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £432,139 | £425,500 | 55 MELBOURNE ROAD |
15 Nov 2023 | £343,725 | £335,000 | 54 MELBOURNE ROAD |
20 Oct 2023 | £333,576 | £326,000 | 16 BELMONT ROAD |
9 Oct 2023 | £434,877 | £425,000 | 38 BELMONT ROAD |
7 Jun 2023 | £341,851 | £335,000 | 6 SPRING GARDENS |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 9 Sep 2013. Using an estimated price of £395,596 means this house is valued at £4,299 per sq meter (£399 per sq foot).
The average size of a house on BELMONT ROAD is 88 sq meters (949 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near St Christopher'S Mews |
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 |