£725,000
This estimated value is based upon the latest sale price for the house of £652,500 on 23 Aug 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Groveland Way
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Thetford Road, New Malden, KT3 5DS
Phone: 02034783567
| Price Paid | Date |
|---|---|
| £652,500 | 23 Aug 2021 |
| £602,500 | 16 May 2016 |
| £405,000 | 3 Sep 2010 |
| £370,000 | 5 Jun 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 August 2021 the House Price Index for GREATER LONDON was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £652,500 results in an estimated price of approximately £725,000.
| 23 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £652,500 | £72,500 | £725,000 |
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 | -35.562 % | £-232,042 | £420,457 |
| 3 Month Average | -25.902 % | £-169,010 | £483,489 |
| 6 Month Average | -9.963 % | £-65,010 | £587,489 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £581,966 | £580,000 | 24 GROVELAND WAY |
| 6 Dec 2023 | £917,355 | £900,000 | 23 COTSFORD AVENUE |
| 5 Aug 2022 | £685,369 | £690,000 | 9 GROVELAND WAY |
| 20 May 2022 | £670,974 | £661,000 | 36 GROVELAND WAY |
| 25 Feb 2022 | £1,269,019 | £1,215,000 | 18 COTSFORD AVENUE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 3 Feb 2016. Using an estimated price of £725,000 means this house is valued at £5,991 per sq meter (£556 per sq foot).
The average size of a house on GROVELAND WAY is 97 sq meters (1,047 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Groveland Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hawkhurst Way |
| Apr 2024 | Vehicle crime | Under investigation | On or near Hawkhurst Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hawkhurst Way |