£860,993
This estimated value is based upon the latest sale price for the house of £650,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Further/Higher Educational Building
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60-62 Cambridge Road, New Malden, KT3 3QL
Phone: 02036411118
| Price Paid | Date |
|---|---|
| £650,000 | 28 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 2016 the House Price Index for GREATER LONDON was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £650,000 results in an estimated price of approximately £860,993.
| 28 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £650,000 | £210,993 | £860,993 |
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 | 16.142 % | £104,925 | £754,925 |
| 3 Month Average | -1.346 % | £-8,748 | £641,251 |
| 6 Month Average | 10.966 % | £71,280 | £721,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £315,521 | £310,000 | FLAT 1 24 MONTEM ROAD |
| 8 Sep 2023 | £574,344 | £567,000 | 6 MONTEM ROAD |
| 14 Aug 2023 | £1,286,253 | £1,275,000 | 25 MONTEM ROAD |
| 10 Feb 2023 | £289,805 | £290,000 | FLAT 1 64 KINGSTON ROAD |
| 12 Sep 2022 | £753,912 | £760,000 | 23 MONTEM ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 19 Jul 2017. Using an estimated price of £860,994 means this house is valued at £6,674 per sq meter (£620 per sq foot).
The average size of a house on PENRITH ROAD is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Further/Higher Educational Building |
| Jan 2024 | Other theft | Under investigation | On or near Further/Higher Educational Building |
| Dec 2023 | Burglary | Under investigation | On or near Further/Higher Educational Building |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Court |