£505,502
This estimated value is based upon the latest sale price for the house of £390,000 on 24 Mar 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Cottage, 17 Belmont Road, Wallington,, SM6 8TE
Phone: 02036414443
| Price Paid | Date |
|---|---|
| £390,000 | 24 Mar 2017 |
| £249,950 | 23 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 March 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £390,000 results in an estimated price of approximately £505,502.
| 24 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £390,000 | £115,502 | £505,502 |
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 | 46.233 % | £180,307 | £570,307 |
| 3 Month Average | 8.427 % | £32,866 | £422,866 |
| 6 Month Average | 16.065 % | £62,654 | £452,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £217,933 | £215,000 | FLAT 7 GLEN HOUSE, 72 BUTE ROAD |
| 7 Jul 2023 | £476,412 | £470,000 | 18 HIGHLAND COTTAGES |
| 26 Mar 2023 | £383,614 | £380,000 | 20 ARRAN CLOSE |
| 17 Nov 2022 | £217,367 | £220,000 | FLAT 9 GLEN HOUSE, 72 BUTE ROAD |
| 21 Oct 2022 | £231,507 | £234,000 | FLAT 4 AIRBORNE HOUSE, 17 MALDON ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 11 Feb 2014. Using an estimated price of £505,502 means this house is valued at £8,715 per sq meter (£809 per sq foot).
The average size of a house on BUTE ROAD is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bute Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Bute Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bute Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Bute Road |
| Jan 2024 | Burglary | Under investigation | On or near Arran Close |