£162,088
This estimated value is based upon the latest sale price for the house of £120,000 on 31 Mar 2016. 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 |
|---|---|
| £120,000 | 31 Mar 2016 |
| Flats/Maisonettes |
| Leasehold |
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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £120,000 results in an estimated price of approximately £162,088.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £120,000 | £42,088 | £162,088 |
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 | 24.604 % | £29,524 | £149,524 |
| 3 Month Average | 16.367 % | £19,640 | £139,640 |
| 6 Month Average | 24.551 % | £29,461 | £149,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £278,562 | £275,000 | FLAT 3 4 HINTON ROAD |
| 27 Jul 2023 | £425,730 | £420,000 | 30 HINTON ROAD |
| 25 Apr 2023 | £374,027 | £370,000 | FLAT 15 35 STAFFORD ROAD |
| 27 Jan 2023 | £241,363 | £242,500 | 10 CHARLOTTE ROAD |
| 9 Sep 2022 | £247,997 | £250,000 | FLAT 5 4 HINTON ROAD |