£1,006,811
This estimated value is based upon the latest sale price for the house of £349,950 on 31 May 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near The Mead
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3 Wallington Square, Wallington, SM6 8RG
Phone: 02036411322
Price Paid | Date |
---|---|
£349,950 | 31 May 2002 |
Detached |
Freehold |
Floor Area: 143 sq meters or 1,539 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 2002 the House Price Index for GREATER LONDON was 51.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 187.701%.Applying this 187.701% change to the original purchase price of £349,950 results in an estimated price of approximately £1,006,811.
31 May 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 146.7 | 187.701 % | £349,950 | £656,861 | £1,006,811 |
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 | 196.866 % | £688,934 | £1,038,884 |
3 Month Average | 169.850 % | £594,389 | £944,339 |
6 Month Average | 177.245 % | £620,268 | £970,218 |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 9 Aug 2019.
The average size of a house on WATERER RISE is 169 sq meters (1,825 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Burglary | Under investigation | On or near The Mead |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near The Mead |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Mead |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Heron Way |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Hanno Close |