£520,876
This estimated value is based upon the latest sale price for the house of £400,000 on 21 Apr 2017. 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 Knightwood Crescent
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Thetford Road, New Malden, KT3 5DS
Phone: 02034783567
| Price Paid | Date |
|---|---|
| £400,000 | 21 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 April 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £400,000 results in an estimated price of approximately £520,876.
| 21 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £400,000 | £120,876 | £520,876 |
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 | 42.087 % | £168,349 | £568,349 |
| 3 Month Average | 33.620 % | £134,481 | £534,481 |
| 6 Month Average | 39.608 % | £158,433 | £558,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £738,753 | £720,000 | 4 MINSTEAD WAY |
| 10 Mar 2023 | £635,615 | £625,000 | 12 MINSTEAD WAY |
| 25 Nov 2022 | £746,509 | £750,000 | 6 MINSTEAD WAY |
| 29 Sep 2021 | £721,904 | £665,000 | 88 AMBERWOOD RISE |
| 10 Aug 2021 | £561,937 | £500,000 | 77 GLEBE GARDENS |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 9 Feb 2017. Using an estimated price of £520,877 means this house is valued at £5,157 per sq meter (£479 per sq foot).
The average size of a house on ALDRIDGE RISE is 127 sq meters (1,369 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Knightwood Crescent |