£688,628
This estimated value is based upon the latest sale price for the house of £600,000 on 1 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Newborough Green
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60-62 Cambridge Road, New Malden, KT3 3QL
Phone: 02036411118
| Price Paid | Date |
|---|---|
| £600,000 | 1 Dec 2020 |
| £600,000 | 1 Dec 2020 |
| £180,000 | 21 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £600,000 results in an estimated price of approximately £688,628.
| 1 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £600,000 | £88,628 | £688,628 |
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 | -27.153 % | £-162,915 | £437,084 |
| 3 Month Average | -9.753 % | £-58,517 | £541,482 |
| 6 Month Average | 5.803 % | £34,815 | £634,815 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £566,867 | £560,000 | 17 SOUTH LANE |
| 23 Jun 2023 | £652,909 | £645,000 | 10 BARNSBURY CLOSE |
| 24 Mar 2023 | £328,293 | £325,200 | FLAT 9 WAITELANDS HOUSE, 42 SOUTH LANE |
| 15 Mar 2023 | £277,615 | £275,000 | 55 SOUTH LANE |
| 13 Jun 2022 | £710,034 | £700,000 | 50 SOUTH LANE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 23 Sep 2019. Using an estimated price of £688,628 means this house is valued at £7,404 per sq meter (£687 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 | Burglary | Under investigation | On or near Newborough Green |
| Dec 2023 | Burglary | Under investigation | On or near Franks Avenue |
| Jan 2024 | Other theft | Under investigation | On or near Kingston Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kingston Road |