Wallington House Prices Wallington House Prices

The average house price in Wallington is £429,884 using HM Land Registry data.

The average property price increased by £35,915 (8.67%) over the last 5 years and increased by £7,180 (1.62%) over the last 12 months.

Over the last year, there were 204 residential property sales – a decrease of 97 transactions (-47.55%) relative to the previous year. The majority of house sales (58) were in the £220,000 - £322,000 range. Then came properties in the £322,000 - £424,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,269 (-2%).

In Oct 24, there were 58 new estate agency instructions, 41 agreed home sales and 19 property price reductions.

5-Year Average Property Prices in Wallington

8.67%

Property prices in Wallington increased by 8.67% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Wallington Over the Last Year

1.62%

Property prices in Wallington increased by 1.62% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Wallington - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Wallington

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Wallington

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Wallington

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Wallington since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Wallington area since 1995.

Recent Property Sales in Wallington

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
43 Mellows Road, Wallington, Greater London, SM6 8PS£475,000£475,000£0028 May 202423 Aug 202487 Days
Torwood, The Wood End, Wallington, Greater London, SM6 0RA£1,000,000£935,000-£65,00011 Mar 202416 Aug 2024158 Days
60 Wordsworth Road, Wallington, Greater London, SM6 9RH£550,000£535,000-£15,00029 Apr 202414 Aug 2024107 Days
Flat 19, Raleigh Court, Stanley Park Road, Wallington, Greater London, SM6 0HH£339,950£320,000-£19,95023 Feb 202408 Aug 2024167 Days
34 Brambledown Road, Wallington, Greater London, SM6 0TF£1,000,000£935,000-£65,00001 Mar 202419 Jul 2024140 Days
35 Derek Avenue, Wallington, Greater London, SM6 7LA£595,000£585,000-£10,00002 Apr 202411 Jul 2024100 Days
49b, Ross Road, Wallington, Greater London, SM6 8QP£315,000£310,000-£5,00027 Nov 202305 Jul 2024221 Days
23 Lyndon Avenue, Wallington, Greater London, SM6 7JT£495,000£495,000£0018 Jan 202428 Jun 2024162 Days
81 Stafford Road, Wallington, Greater London, SM6 9AP£425,000£417,500-£7,50014 Sep 202328 Jun 2024288 Days
28 Bond Gardens, Wallington, Greater London, SM6 7LP£335,000£330,000-£5,00017 Aug 202314 Jun 2024302 Days
Flat 21, Marlborough Court, Cranley Gardens, Wallington, Greater London, SM6 9PG£170,000£160,000-£10,00031 Mar 202111 Jun 20241168 Days
4 Regal Crescent, Wallington, Greater London, SM6 7DQ£295,000£290,000-£5,00006 Oct 202323 May 2024230 Days
9 Stanley Gardens, Wallington, Greater London, SM6 9QW£765,000£755,000-£10,00023 Jan 202423 May 2024121 Days
91 Boundary Road, Wallington, Greater London, SM6 0TA£650,000£630,000-£20,00025 Jan 202421 May 2024117 Days
21 St Michaels Road, Wallington, Greater London, SM6 8QD£550,000£520,000-£30,00019 Dec 202301 May 2024134 Days
44 Osmond Gardens, Wallington, Greater London, SM6 8SU£637,000£630,000-£7,00018 Oct 202329 Apr 2024194 Days
67a, Marchmont Road, Wallington, Greater London, SM6 9NT£270,000£260,000-£10,00019 Jun 202319 Apr 2024305 Days
304b, Croydon Road, Wallington, Greater London, SM6 7LQ£599,950£575,000-£24,95025 Apr 201716 Apr 20242548 Days
6 Queens Close, Wallington, Greater London, SM6 0AQ£325,000£325,000£0015 Nov 202302 Apr 2024139 Days
6c, Clarendon Road, Wallington, Greater London, SM6 8QX£535,000£515,000-£20,00003 Oct 202302 Apr 2024182 Days

Most Expensive Streets in Wallington

PostcodeStreetAreaAverageNo. of Sales
SM6 0QYWoodcote AvenueWallington£1,132,5004
SM6 0QUWoodcote AvenueWallington£994,2504
SM6 0TFBrambledown RoadWallington£970,0005
SM5 3HLBeddington GardensCarshalton£884,7796
SM6 0TBHeathdene RoadWallington£878,7504
SM6 0AXTaylor RoadWallington£848,9004
SM5 4PXBriar LaneCarshalton£844,0004
SM5 4ABBoundary RoadCarshalton£838,8336
SM5 4PSMount ParkCarshalton£832,6005
SM5 3HQBeddington GardensCarshalton£813,6427

Least Expensive Streets in Wallington

PostcodeStreetAreaAverageNo. of Sales
SM6 0HDHolmwood GardensWallington£144,4449
SM6 0ADManor RoadWallington£181,7005
SM6 9BEStafford RoadWallington£185,8336
SM6 9PGMarlborough CourtCranley Gardens£196,33321
SM6 8RWRosemountClarendon Road£199,7504
SM6 0JFBeddington GardensWallington£208,7779
SM6 0LYWoodcote RoadWallington£218,6005
SM6 9QBShirley RoadWallington£218,7504
SM6 0APManor RoadWallington£219,5003
SM6 8AGBute CourtWallington£220,3333

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