£395,380
This estimated value is based upon the latest sale price for the house of £305,000 on 8 May 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 Ross Parade, Wallington, SM6 8QG
Phone: 02081153121
Price Paid | Date |
---|---|
£305,000 | 8 May 2017 |
£225,000 | 5 Sep 2014 |
£209,950 | 6 Aug 2007 |
£170,000 | 7 Apr 2005 |
£171,000 | 3 Dec 2003 |
£171,000 | 3 Dec 2003 |
£151,960 | 20 Dec 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 2017 the House Price Index for GREATER LONDON was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £305,000 results in an estimated price of approximately £395,380.
8 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £305,000 | £90,380 | £395,380 |
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 | -26.089 % | £-79,570 | £225,429 |
3 Month Average | 9.865 % | £30,087 | £335,087 |
6 Month Average | 15.726 % | £47,964 | £352,964 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £330,969 | £325,000 | FLAT 1 CHATHAM HOUSE, 10 MELBOURNE ROAD |
13 Feb 2023 | £412,757 | £410,000 | 16A ROSS PARADE |
23 Aug 2022 | £311,456 | £310,000 | FLAT 9 SALISBURY HOUSE, 8 MELBOURNE ROAD |
17 Jun 2022 | £292,758 | £286,500 | FLAT 16 SALISBURY HOUSE, 8 MELBOURNE ROAD |
30 Mar 2022 | £391,475 | £375,000 | 7 MELBOURNE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 25 Apr 2014. Using an estimated price of £395,380 means this house is valued at £5,990 per sq meter (£556 per sq foot).
The average size of a house on MELBOURNE ROAD is 69 sq meters (744 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Theatre/Concert Hall |
Apr 2024 | Vehicle crime | Under investigation | On or near Theatre/Concert Hall |
Apr 2024 | Robbery | Under investigation | On or near Ross Parade |
Apr 2024 | Anti-social behaviour | On or near Ross Parade | |
Apr 2024 | Robbery | Under investigation | On or near Ross Parade |