£729,010
This estimated value is based upon the latest sale price for the house of £703,500 on 31 Mar 2022. 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 |
|---|---|
| £703,500 | 31 Mar 2022 |
| £528,000 | 18 Dec 2014 |
| £162,000 | 14 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £703,500 results in an estimated price of approximately £729,010.
| 31 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £703,500 | £25,510 | £729,010 |
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 | -38.386 % | £-270,048 | £433,451 |
| 3 Month Average | -23.395 % | £-164,580 | £538,919 |
| 6 Month Average | -10.990 % | £-77,314 | £626,185 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £334,959 | £330,000 | 70A SOUTH LANE |
| 27 Sep 2023 | £633,095 | £625,000 | 13 BARNSBURY CLOSE |
| 23 Jun 2023 | £652,909 | £645,000 | 10 BARNSBURY CLOSE |
| 23 Jun 2023 | £657,970 | £650,000 | 62 SOUTH LANE |
| 24 Mar 2023 | £328,293 | £325,200 | FLAT 9 WAITELANDS HOUSE, 42 SOUTH LANE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 24 Jul 2014. Using an estimated price of £729,011 means this house is valued at £6,126 per sq meter (£569 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 Green Lane |
| Dec 2023 | Burglary | Under investigation | On or near Newborough Green |