£289,687
This estimated value is based upon the latest sale price for the house of £175,000 on 21 Dec 2006. 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 |
|---|---|
| £175,000 | 21 Dec 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 2006 the House Price Index for GREATER LONDON was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £175,000 results in an estimated price of approximately £289,687.
| 21 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £175,000 | £114,687 | £289,687 |
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 | 45.229 % | £79,151 | £254,151 |
| 3 Month Average | 76.892 % | £134,560 | £309,560 |
| 6 Month Average | 106.075 % | £185,631 | £360,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £1,079,443 | £1,070,000 | 56 LIME GROVE |
| 20 Jun 2023 | £830,055 | £820,000 | 97 CHESTNUT GROVE |
| 28 Apr 2023 | £384,136 | £380,000 | 8 STONELEIGH COURT, 91 CHESTNUT GROVE |
| 20 Jul 2022 | £1,664,481 | £1,660,000 | 98 CHESTNUT GROVE |
| 29 Jun 2022 | £390,519 | £385,000 | 61 LIME GROVE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 13 Oct 2018. Using an estimated price of £289,687 means this house is valued at £6,437 per sq meter (£598 per sq foot).
The average size of a house on CHESTNUT GROVE is 104 sq meters (1,122 sq feet).