£535,393
This estimated value is based upon the latest sale price for the house of £428,500 on 2 Feb 2018. 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 |
---|---|
£428,500 | 2 Feb 2018 |
£200,000 | 25 Jan 2013 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 February 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £428,500 results in an estimated price of approximately £535,393.
2 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £428,500 | £106,893 | £535,393 |
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 | 19.814 % | £84,903 | £513,403 |
3 Month Average | 14.246 % | £61,042 | £489,542 |
6 Month Average | 20.444 % | £87,603 | £516,103 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £411,086 | £405,000 | 17 CLOUSTON CLOSE |
14 Jul 2023 | £390,252 | £385,000 | 1 SANDY LANE NORTH |
24 Apr 2023 | £454,898 | £450,000 | 37 UPPER ROAD |
17 Mar 2023 | £398,757 | £395,000 | 7 UPPER ROAD |
28 Feb 2023 | £434,707 | £435,000 | 2A UPPER ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 14 Oct 2012. Using an estimated price of £535,394 means this house is valued at £5,408 per sq meter (£502 per sq foot).
The average size of a house on SANDY LANE NORTH is 74 sq meters (807 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
Dec 2023 | Vehicle crime | Under investigation | On or near Treasury Close |
Dec 2023 | Theft from the person | Under investigation | On or near Plough Lane |
Jan 2024 | Anti-social behaviour | On or near Plough Lane Close | |
Jan 2024 | Anti-social behaviour | On or near Plough Lane Close |