£750,921
This estimated value is based upon the latest sale price for the house of £409,000 on 14 Oct 2005. 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 |
---|---|
£409,000 | 14 Oct 2005 |
Terraced |
Freehold |
Floor Area: 149 sq meters or 1,607 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 2005 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £409,000 results in an estimated price of approximately £750,921.
14 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 149.7 | 83.599 % | £409,000 | £341,921 | £750,921 |
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 | 236.328 % | £966,582 | £1,375,582 |
3 Month Average | 159.469 % | £652,228 | £1,061,228 |
6 Month Average | 116.308 % | £475,698 | £884,698 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £1,985,816 | £1,950,000 | 21 NELSON ROAD |
24 Feb 2023 | £407,724 | £405,000 | 22A NELSON ROAD |
13 Feb 2023 | £314,602 | £312,500 | 34 SANDAL ROAD |
18 Aug 2022 | £753,523 | £750,000 | 55A WESTBURY ROAD |
12 Aug 2022 | £381,785 | £380,000 | 16 ROEBUCK COURT, 29 RODNEY ROAD |
This house has a floor area of 149 sq meters or 1,607 sq feet when measured on 21 May 2011. Using an estimated price of £750,922 means this house is valued at £5,026 per sq meter (£467 per sq foot).
The average size of a house on WESTBURY ROAD is 110 sq meters (1,194 sq feet).