£549,199
This estimated value is based upon the latest sale price for the house of £475,000 on 21 Dec 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 |
|---|---|
| £475,000 | 21 Dec 2020 |
| £230,000 | 28 Oct 2004 |
| £230,000 | 28 Oct 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £475,000 results in an estimated price of approximately £549,199.
| 21 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £475,000 | £74,199 | £549,199 |
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 | -36.533 % | £-173,532 | £301,467 |
| 3 Month Average | -7.274 % | £-34,550 | £440,449 |
| 6 Month Average | 4.793 % | £22,768 | £497,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £603,712 | £590,000 | 5 THE HOLT |
| 10 Mar 2023 | £518,662 | £510,000 | 9 EASTWAY |
| 17 Nov 2022 | £218,976 | £220,000 | FLAT 9 GLEN HOUSE, 72 BUTE ROAD |
| 22 Dec 2021 | £259,034 | £240,000 | 65B BUTE ROAD |
| 30 Sep 2021 | £514,434 | £473,884 | 4 THE HOLT |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 6 Jul 2020. Using an estimated price of £549,199 means this house is valued at £5,132 per sq meter (£476 per sq foot).
The average size of a house on GRASSWAY is 105 sq meters (1,136 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grassway |
| Apr 2024 | Drugs | Under investigation | On or near Bute Road |
| Apr 2024 | Other theft | Under investigation | On or near Bute Road |
| Apr 2024 | Anti-social behaviour | On or near Bute Road | |
| Apr 2024 | Anti-social behaviour | On or near Bute Road |