£1,099,050
This estimated value is based upon the latest sale price for the house of £844,000 on 27 Apr 2017. 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 |
|---|---|
| £844,000 | 27 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 190 sq meters or 2,045 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 April 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £844,000 results in an estimated price of approximately £1,099,050.
| 27 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £844,000 | £255,050 | £1,099,050 |
The Postcode Pricing Model uses changes in average sales price within the CR8 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 | 53.639 % | £452,716 | £1,296,716 |
| 3 Month Average | 2.928 % | £24,713 | £868,713 |
| 6 Month Average | 19.472 % | £164,341 | £1,008,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £778,968 | £767,000 | 39 THE DRIVE |
| 20 Feb 2023 | £941,288 | £935,000 | 3 RIDGE PARK |
| 27 Jan 2023 | £1,403,751 | £1,400,000 | 30 THE RIDGE |
| 7 Sep 2022 | £1,089,272 | £1,090,000 | 8 GREEN LANE |
| 26 Aug 2022 | £783,664 | £780,000 | 15 STRATTON AVENUE |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 17 Jan 2017. Using an estimated price of £1,099,050 means this house is valued at £5,784 per sq meter (£537 per sq foot).
The average size of a house on RIDGE PARK is 235 sq meters (2,534 sq feet).