£1,110,045
This estimated value is based upon the latest sale price for the house of £650,000 on 18 Jan 2013. 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 |
---|---|
£650,000 | 18 Jan 2013 |
£585,000 | 7 Sep 2007 |
£325,000 | 12 Apr 2002 |
Semi-Detached |
Freehold |
Floor Area: 178 sq meters or 1,926 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 January 2013 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £650,000 results in an estimated price of approximately £1,110,045.
18 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.776 % | £650,000 | £460,045 | £1,110,045 |
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 | 130.354 % | £847,299 | £1,497,299 |
3 Month Average | 93.536 % | £607,984 | £1,257,984 |
6 Month Average | 61.189 % | £397,726 | £1,047,726 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £853,670 | £832,000 | 22 ALBANY ROAD |
19 Oct 2023 | £706,035 | £690,000 | 16 GRAYHAM ROAD |
18 Oct 2023 | £665,106 | £650,000 | 6 PARK ROAD |
1 Sep 2023 | £626,818 | £613,000 | 8 PARK ROAD |
6 Feb 2023 | £298,997 | £297,000 | 12 DORCHESTER MEWS |
This house has a floor area of 178 sq meters or 1,926 sq feet when measured on 8 Mar 2010. Using an estimated price of £1,110,045 means this house is valued at £6,203 per sq meter (£576 per sq foot).
The average size of a house on WESTBURY ROAD is 110 sq meters (1,194 sq feet).