£173,750
This estimated value is based upon the latest sale price for the house of £30,500 on 25 Oct 1995. 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 |
|---|---|
| £30,500 | 25 Oct 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 1995 the House Price Index for GREATER LONDON was 26.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 469.674%.Applying this 469.674% change to the original purchase price of £30,500 results in an estimated price of approximately £173,750.
| 25 Oct 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 148.6 | 469.674 % | £30,500 | £143,250 | £173,750 |
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 | 365.935 % | £111,610 | £142,110 |
| 3 Month Average | 430.738 % | £131,375 | £161,875 |
| 6 Month Average | 503.289 % | £153,503 | £184,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £629,317 | £620,000 | 76 GAINSBOROUGH ROAD |
| 24 Aug 2023 | £201,765 | £200,000 | FLAT 2 ONYX HOUSE PERCY GARDENS |
| 14 Aug 2023 | £837,325 | £830,000 | 22 REYNOLDS ROAD |
| 4 Aug 2023 | £605,295 | £600,000 | 95 MANOR DRIVE NORTH |
| 14 Jun 2023 | £253,065 | £250,000 | 23 ARMESTON SHEEPHOUSE WAY |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 21 Sep 2020. Using an estimated price of £173,751 means this house is valued at £2,593 per sq meter (£240 per sq foot).
The average size of a house on MANOR DRIVE NORTH is 93 sq meters (1,001 sq feet).