£1,033,588
This estimated value is based upon the latest sale price for the house of £830,000 on 3 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 Wallington Square, Wallington, SM6 8RG
Phone: 02036411322
| Price Paid | Date |
|---|---|
| £830,000 | 3 May 2019 |
| £499,950 | 17 May 2007 |
| Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £830,000 results in an estimated price of approximately £1,033,588.
| 3 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £830,000 | £203,588 | £1,033,588 |
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 | -6.878 % | £-57,087 | £772,912 |
| 3 Month Average | 11.189 % | £92,869 | £922,869 |
| 6 Month Average | 4.679 % | £38,835 | £868,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £514,468 | £510,000 | 37 INGLEBY WAY |
| 22 Mar 2024 | £321,946 | £317,000 | 49B SANDY LANE SOUTH |
| 8 Jun 2023 | £965,346 | £946,000 | 39 THE NEWLANDS |
| 2 Feb 2023 | £901,019 | £895,000 | 10 THE NEWLANDS |
| 14 Jan 2022 | £874,664 | £825,000 | 87 SANDY LANE SOUTH |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 21 Sep 2018. Using an estimated price of £1,033,589 means this house is valued at £6,341 per sq meter (£589 per sq foot).
The average size of a house on THE NEWLANDS is 157 sq meters (1,699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Newlands |
| Jul 2024 | Anti-social behaviour | On or near The Newlands | |
| Jul 2024 | Anti-social behaviour | On or near The Newlands | |
| Jun 2024 | Anti-social behaviour | On or near The Newlands | |
| Jun 2024 | Anti-social behaviour | On or near The Newlands |