£379,339
This estimated value is based upon the latest sale price for the house of £375,000 on 15 Feb 2024. 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 |
---|---|
£375,000 | 15 Feb 2024 |
£424,000 | 29 Mar 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 February 2024 the House Price Index for GREATER LONDON was 146.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.157%.Applying this 1.157% change to the original purchase price of £375,000 results in an estimated price of approximately £379,339.
15 Feb 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 148.6 | 1.157 % | £375,000 | £4,339 | £379,339 |
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 | 14.045 % | £52,668 | £427,668 |
3 Month Average | -4.781 % | £-17,928 | £357,071 |
6 Month Average | -1.205 % | £-4,517 | £370,482 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2024 | £235,000 | £235,000 | 86 BURLINGTON ROAD |
26 Sep 2023 | £607,771 | £600,000 | 102 BURLINGTON ROAD |
3 Jul 2023 | £633,527 | £625,000 | 45 QUEENS ROAD |
12 Jun 2023 | £592,173 | £585,000 | 57 CAVENDISH ROAD |
28 Mar 2023 | £614,792 | £609,000 | 41 CAVENDISH ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 24 Jul 2019.
The average size of a house on BURLINGTON ROAD is 56 sq meters (604 sq feet).