£426,731
This estimated value is based upon the latest sale price for the house of £345,000 on 13 Aug 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 |
|---|---|
| £345,000 | 13 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £345,000 results in an estimated price of approximately £426,731.
| 13 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £345,000 | £81,731 | £426,731 |
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 | 28.259 % | £97,492 | £442,492 |
| 3 Month Average | 2.023 % | £6,978 | £351,978 |
| 6 Month Average | 13.596 % | £46,905 | £391,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £516,253 | £510,000 | 14 BEDDINGTON GROVE |
| 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 |
| 5 Aug 2022 | £398,926 | £400,000 | 28 UPPER ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 27 Mar 2018. Using an estimated price of £426,732 means this house is valued at £7,112 per sq meter (£660 per sq foot).
The average size of a house on UPPER ROAD is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Under investigation | On or near Treasury Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
| Jan 2024 | Robbery | Under investigation | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Parking Area |