£540,694
This estimated value is based upon the latest sale price for the house of £235,000 on 19 Aug 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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178 High Street, New Malden, KT3 4ES
Phone: 02080220882
| Price Paid | Date |
|---|---|
| £235,000 | 19 Aug 2003 |
| £95,000 | 3 Apr 1997 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 970 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 August 2003 the House Price Index for GREATER LONDON was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £235,000 results in an estimated price of approximately £540,694.
| 19 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £235,000 | £305,694 | £540,694 |
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 | 95.102 % | £223,490 | £458,490 |
| 3 Month Average | 130.436 % | £306,523 | £541,523 |
| 6 Month Average | 166.480 % | £391,228 | £626,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £658,868 | £650,000 | 11 BELMONT AVENUE |
| 31 Mar 2023 | £383,614 | £380,000 | 16 BARNARD GARDENS |
| 24 Mar 2023 | £306,387 | £303,500 | 7A BARNARD GARDENS |
| 27 Jul 2022 | £625,684 | £624,000 | 37 BELMONT AVENUE |
| 24 Jun 2021 | £590,108 | £550,000 | 44 BELMONT AVENUE |
This house has a floor area of 90 sq meters or 970 sq feet when measured on 25 Sep 2009. Using an estimated price of £540,694 means this house is valued at £5,999 per sq meter (£557 per sq foot).
The average size of a house on BELMONT AVENUE is 104 sq meters (1,126 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Belmont Avenue |