£334,959
This estimated value is based upon the latest sale price for the house of £330,000 on 8 Nov 2023. 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 |
|---|---|
| £330,000 | 8 Nov 2023 |
| £235,000 | 13 Jun 2008 |
| £149,000 | 12 Jul 2004 |
| £111,750 | 20 Dec 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 434 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 November 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £330,000 results in an estimated price of approximately £334,959.
| 8 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £330,000 | £4,959 | £334,959 |
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 | -17.561 % | £-57,951 | £272,048 |
| 3 Month Average | -2.263 % | £-7,468 | £322,531 |
| 6 Month Average | -14.362 % | £-47,393 | £282,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £334,959 | £330,000 | 70A SOUTH LANE |
| 13 Jul 2023 | £344,638 | £340,000 | 74 ALBEMARLE GARDENS |
| 23 Jun 2023 | £657,970 | £650,000 | 62 SOUTH LANE |
| 24 Mar 2023 | £328,293 | £325,200 | FLAT 9 WAITELANDS HOUSE, 42 SOUTH LANE |
| 15 Mar 2023 | £277,615 | £275,000 | 55 SOUTH LANE |
This house has a floor area of 40 sq meters or 434 sq feet when measured on 1 Mar 2010. Using an estimated price of £334,959 means this house is valued at £8,291 per sq meter (£770 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 | Violence and sexual offences | Under investigation | On or near Albemarle Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Eton Avenue |
| Dec 2023 | Burglary | Under investigation | On or near Newborough Green |