£1,115,968
This estimated value is based upon the latest sale price for the house of £903,000 on 13 Dec 2019. 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 |
|---|---|
| £903,000 | 13 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £903,000 results in an estimated price of approximately £1,115,968.
| 13 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £903,000 | £212,968 | £1,115,968 |
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 | 28.872 % | £260,712 | £1,163,712 |
| 3 Month Average | 22.644 % | £204,472 | £1,107,472 |
| 6 Month Average | 8.061 % | £72,790 | £975,790 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2022 | £549,633 | £550,000 | 135 ELM ROAD |
| 20 Jul 2022 | £1,676,802 | £1,660,000 | 98 CHESTNUT GROVE |
| 20 May 2022 | £580,113 | £565,000 | 120 ELM ROAD |
| 24 Mar 2022 | £699,435 | £670,000 | 4 KINGSCOTE ROAD |
| 4 Feb 2022 | £513,145 | £485,722 | 3 KINGSCOTE ROAD |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 14 May 2019. Using an estimated price of £1,115,968 means this house is valued at £7,108 per sq meter (£660 per sq foot).
The average size of a house on CHESTNUT GROVE is 104 sq meters (1,122 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairmead Close |