£1,195,939
This estimated value is based upon the latest sale price for the house of £850,000 on 15 Oct 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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60-62 Cambridge Road, New Malden, KT3 3QL
Phone: 02036411118
| Price Paid | Date |
|---|---|
| £850,000 | 15 Oct 2015 |
| £610,000 | 4 Jan 2012 |
| £317,000 | 12 Mar 2001 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,389 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 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £850,000 results in an estimated price of approximately £1,195,939.
| 15 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £850,000 | £345,939 | £1,195,939 |
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 | 1.163 % | £9,882 | £859,882 |
| 3 Month Average | 9.185 % | £78,072 | £928,072 |
| 6 Month Average | 36.572 % | £310,858 | £1,160,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £529,633 | £525,000 | 23 MELROSE GARDENS |
| 23 Aug 2023 | £706,178 | £700,000 | 32 MELROSE GARDENS |
| 30 Jun 2023 | £700,991 | £692,500 | 35 MELROSE GARDENS |
| 6 Jan 2022 | £554,619 | £527,000 | 11 MELROSE GARDENS |
| 10 Dec 2021 | £762,821 | £712,000 | 27 KINGSCOTE ROAD |
This house has a floor area of 129 sq meters or 1,389 sq feet when measured on 20 Jul 2011. Using an estimated price of £1,195,940 means this house is valued at £9,263 per sq meter (£860 per sq foot).
The average size of a house on POPLAR GROVE is 109 sq meters (1,179 sq feet).