£249,653
This estimated value is based upon the latest sale price for the house of £180,000 on 2 Nov 2015. 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 |
|---|---|
| £180,000 | 2 Nov 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 684 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 November 2015 the House Price Index for GREATER LONDON was 106.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 38.696%.Applying this 38.696% change to the original purchase price of £180,000 results in an estimated price of approximately £249,653.
| 2 Nov 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.0 | 38.696 % | £180,000 | £69,653 | £249,653 |
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 | -1.448 % | £-2,607 | £177,392 |
| 3 Month Average | 1.396 % | £2,512 | £182,512 |
| 6 Month Average | 33.094 % | £59,569 | £239,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £628,063 | £620,000 | 76 GAINSBOROUGH ROAD |
| 14 Aug 2023 | £835,078 | £830,000 | 22 REYNOLDS ROAD |
| 4 Aug 2023 | £603,671 | £600,000 | 95 MANOR DRIVE NORTH |
| 14 Jun 2023 | £252,044 | £250,000 | 23 ARMESTON SHEEPHOUSE WAY |
| 3 Feb 2023 | £323,470 | £325,000 | 2 MELDONE SHEEPHOUSE WAY |
This house has a floor area of 63 sq meters or 684 sq feet when measured on 27 Jul 2009. Using an estimated price of £249,653 means this house is valued at £3,927 per sq meter (£364 per sq foot).
The average size of a house on MANOR DRIVE NORTH is 93 sq meters (1,001 sq feet).