£636,315
This estimated value is based upon the latest sale price for the house of £350,000 on 10 Aug 2009. 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 |
|---|---|
| £350,000 | 10 Aug 2009 |
| Semi-Detached |
| Freehold |
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 August 2009 the House Price Index for GREATER LONDON was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £350,000 results in an estimated price of approximately £636,315.
| 10 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 149.7 | 81.804 % | £350,000 | £286,315 | £636,315 |
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 | 43.288 % | £151,507 | £501,507 |
| 3 Month Average | 72.435 % | £253,520 | £603,520 |
| 6 Month Average | 91.997 % | £321,988 | £671,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £794,867 | £780,000 | 28 WATERER RISE |
| 8 Jul 2022 | £227,277 | £225,000 | 73 HERON WAY |
| 24 Nov 2021 | £354,094 | £325,000 | 15 HERON WAY |
| 27 Sep 2021 | £891,795 | £821,500 | 31 THE MEAD |
| 6 Sep 2021 | £309,387 | £285,000 | 53 HERON WAY |