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Wallington House Prices Wallington House Prices

The average house price in Wallington is £443,250 using HM Land Registry data.

The average property price increased by £40,722 (9.9%) over the last 5 years and increased by £8,138 (1.83%) over the last 12 months.

Over the last year, there were 203 residential property sales – a decrease of 97 transactions (-47.78%) relative to the previous year. The majority of house sales (54) were in the £220,000 - £324,000 range. Then came properties in the £324,000 - £428,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 53 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,269 (-2%).

In April 2024, there were 56 new estate agency instructions, 23 agreed home sales and 19 property price reductions.

Neighbouring Areas: Beddington, Hackbridge, Carshalton

Postcodes Covered: SM5, SM6

5-Year Average Property Prices in Wallington

9.9%

Property prices in Wallington increased by 9.9% 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

1.83%

Property prices in Wallington increased by 1.83% 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 - April 2024

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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
21a, Woodcote Mews, Wallington, Greater London, SM6 8RB£300,000£300,000£0019 Sep 202312 Mar 2024175 Days
124 Park Lane, Wallington, Greater London, SM6 0TL£700,000£685,000-£15,00010 Jul 202308 Mar 2024242 Days
55 Melbourne Road, Wallington, Greater London, SM6 8SH£435,000£425,500-£9,50022 Sep 202308 Mar 2024168 Days
3 Elystan Close, Wallington, Greater London, SM6 0RX£475,000£450,000-£25,00023 Oct 202320 Feb 2024120 Days
64 Lavender Vale, Wallington, Greater London, SM6 9QT£700,000£680,000-£20,00012 Oct 202305 Feb 2024116 Days
35c, Woodcote Avenue, Wallington, Greater London, SM6 0QU£890,000£862,000-£28,00018 Jan 202320 Dec 2023336 Days
38 Stanley Park Road, Wallington, Greater London, SM6 0ET£650,000£647,500-£2,50012 Jun 202315 Dec 2023186 Days
6 Blenheim Close, Wallington, Greater London, SM6 9PT£725,000£712,000-£13,00026 Jul 202305 Dec 2023132 Days
98 Boundary Road, Carshalton, Greater London, SM5 4AB£675,000£660,000-£15,00006 Jun 202309 Nov 2023156 Days
97 Victoria Avenue, Wallington, Greater London, SM6 7JP£650,000£625,000-£25,00021 Apr 202308 Nov 2023201 Days
37 Elmwood Close, Wallington, Greater London, SM6 7EP£630,000£610,000-£20,00030 Jun 202302 Nov 2023125 Days
40 Mount Park, Carshalton, Greater London, SM5 4PS£750,000£725,000-£25,00006 Jul 202301 Nov 2023118 Days
6 Mellows Road, Wallington, Greater London, SM6 8PS£465,000£460,000-£5,00024 Oct 202201 Nov 2023373 Days
32 Charlotte Road, Wallington, Greater London, SM6 9AX£235,000£230,000-£5,00013 Apr 202331 Oct 2023201 Days
31 Mount Park, Carshalton, Greater London, SM5 4PR£675,000£665,000-£10,00005 Oct 202327 Oct 202322 Days
27 Lodge Road, Wallington, Greater London, SM6 0TZ£480,000£470,000-£10,00006 Mar 202327 Oct 2023235 Days
2 Queens Close, Wallington, Greater London, SM6 0AQ£325,000£325,000£0001 Jun 202327 Oct 2023148 Days
5 The Holt, Wallington, Greater London, SM6 7LG£600,000£590,000-£10,00028 Jul 202327 Oct 202391 Days
98 Taylor Road, Wallington, Greater London, SM6 0BA£750,000£723,800-£26,20006 Apr 202327 Oct 2023204 Days
127 Onslow Gardens, Wallington, Greater London, SM6 9QA£580,000£560,000-£20,00005 Jun 202327 Oct 2023144 Days

Most Expensive Streets in Wallington

PostcodeStreetAreaAverageNo. of Sales
SM6 0QYWoodcote AvenueWallington£1,132,5004
SM6 0TFBrambledown RoadWallington£1,010,0003
SM6 0QUWoodcote AvenueWallington£940,2857
SM6 0TBHeathdene RoadWallington£905,0003
SM5 3HLBeddington GardensCarshalton£884,7796
SM5 4PXBriar LaneCarshalton£844,0004
SM5 4PSMount ParkCarshalton£832,6005
SM6 0SYHawthorn RoadWallington£832,0006
SM5 4ABBoundary RoadCarshalton£813,2857
SM6 9QLOnslow GardensWallington£771,5003

Least Expensive Streets in Wallington

PostcodeStreetAreaAverageNo. of Sales
SM6 0HDHolmwood GardensWallington£144,4449
SM6 9BEStafford RoadWallington£168,9005
SM6 0ADManor RoadWallington£173,2147
SM6 9PGMarlborough CourtCranley Gardens£203,65020
SM6 0JFBeddington GardensWallington£208,40010
SM6 8BYMaldon RoadWallington£208,9833
SM6 0LYWoodcote RoadWallington£217,0004
SM6 9QBShirley RoadWallington£218,7504
SM6 7LQCroydon RoadWallington£220,9163
SM6 8BLMaldon RoadWallington£221,2504

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