£637,917
This estimated value is based upon the latest sale price for the house of £520,000 on 2 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Thetford Road, New Malden, KT3 5DS
Phone: 02034783567
| Price Paid | Date |
|---|---|
| £520,000 | 2 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £520,000 results in an estimated price of approximately £637,917.
| 2 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £520,000 | £117,917 | £637,917 |
The Postcode Pricing Model uses changes in average sales price within the KT3 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 | -32.531 % | £-169,160 | £350,839 |
| 3 Month Average | -12.600 % | £-65,521 | £454,478 |
| 6 Month Average | 6.945 % | £36,115 | £556,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £1,008,574 | £995,000 | 106 SOUTH LANE |
| 29 Mar 2023 | £615,802 | £610,000 | 290 MALDEN WAY |
| 27 Jan 2023 | £457,843 | £460,000 | 261 MALDEN WAY |
| 20 Apr 2022 | £877,389 | £852,000 | 7 ROMNEY ROAD |
| 19 Jan 2022 | £510,418 | £485,000 | 284 MALDEN WAY |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 19 Aug 2019. Using an estimated price of £637,918 means this house is valued at £6,254 per sq meter (£581 per sq foot).
The average size of a house on SOUTH LANE is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxford Crescent |