£313,506
This estimated value is based upon the latest sale price for the house of £140,000 on 30 Oct 2003. 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 |
|---|---|
| £140,000 | 30 Oct 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 25 sq meters or 279 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 October 2003 the House Price Index for GREATER LONDON was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £140,000 results in an estimated price of approximately £313,506.
| 30 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £140,000 | £173,506 | £313,506 |
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 | 259.799 % | £363,718 | £503,718 |
| 3 Month Average | 143.824 % | £201,353 | £341,353 |
| 6 Month Average | 119.447 % | £167,225 | £307,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £578,057 | £573,000 | 65 LAVENDER VALE |
| 26 Apr 2023 | £288,102 | £285,000 | 164B STAFFORD ROAD |
| 15 Jul 2022 | £641,727 | £640,000 | 9 BANDON RISE |
| 31 May 2022 | £234,417 | £230,000 | 10 HILLIARD COURT DEMESNE ROAD |
| 16 Dec 2021 | £184,813 | £172,500 | 3 HILLIARD COURT DEMESNE ROAD |
This house has a floor area of 25 sq meters or 279 sq feet when measured on 9 Jul 2010. Using an estimated price of £313,507 means this house is valued at £12,062 per sq meter (£1,120 per sq foot).
The average size of a house on STAFFORD ROAD is 83 sq meters (894 sq feet).
This house is the smallest in the street with a floor area of 25 sq meters (279 sq feet).