£287,499
This estimated value is based upon the latest sale price for the house of £176,950 on 29 Nov 2013. 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 |
|---|---|
| £176,950 | 29 Nov 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 November 2013 the House Price Index for GREATER LONDON was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £176,950 results in an estimated price of approximately £287,499.
| 29 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £176,950 | £110,549 | £287,499 |
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 | 87.243 % | £154,377 | £331,327 |
| 3 Month Average | 62.844 % | £111,202 | £288,152 |
| 6 Month Average | 56.372 % | £99,749 | £276,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £334,959 | £330,000 | FLAT 4 ABIGAIL COURT, 12 MALDON ROAD |
| 7 Feb 2023 | £334,775 | £335,000 | 12 BIRCH COURT MALDON ROAD |
| 30 Jan 2023 | £323,476 | £325,000 | 38 BIRCH COURT MALDON ROAD |
| 24 Oct 2022 | £286,911 | £290,000 | 34 BIRCH COURT MALDON ROAD |
| 1 Aug 2022 | £273,264 | £274,000 | FLAT 16 WENTWORTH COURT, 26 MALDON ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 13 Mar 2020. Using an estimated price of £287,500 means this house is valued at £4,423 per sq meter (£410 per sq foot).
The average size of a house on MALDON ROAD is 60 sq meters (650 sq feet).