£289,433
This estimated value is based upon the latest sale price for the house of £286,500 on 17 Jun 2022. 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 |
---|---|
£286,500 | 17 Jun 2022 |
£286,500 | 17 Jun 2022 |
£163,500 | 26 Jun 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 June 2022 the House Price Index for GREATER LONDON was 146.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.Applying this 1.024% change to the original purchase price of £286,500 results in an estimated price of approximately £289,433.
17 Jun 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 148.0 | 1.024 % | £286,500 | £2,933 | £289,433 |
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 | 61.614 % | £176,524 | £463,024 |
3 Month Average | 16.320 % | £46,756 | £333,256 |
6 Month Average | -0.347 % | £-993 | £285,506 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £303,901 | £300,000 | FLAT 14 SALISBURY HOUSE, 8 MELBOURNE ROAD |
31 Jul 2023 | £479,536 | £475,000 | 2B BRIDGE ROAD |
13 Feb 2023 | £408,070 | £410,000 | 16A ROSS PARADE |
28 Sep 2022 | £311,215 | £315,000 | FLAT 11 SALISBURY HOUSE, 8 MELBOURNE ROAD |
23 Aug 2022 | £307,919 | £310,000 | FLAT 9 SALISBURY HOUSE, 8 MELBOURNE ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 19 Jul 2017. Using an estimated price of £289,433 means this house is valued at £3,964 per sq meter (£368 per sq foot).
The average size of a house on MELBOURNE ROAD is 69 sq meters (743 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 |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Theatre/Concert Hall |
Feb 2024 | Vehicle crime | Under investigation | On or near Theatre/Concert Hall |
Jan 2024 | Anti-social behaviour | On or near Theatre/Concert Hall |