£568,923
This estimated value is based upon the latest sale price for the house of £365,000 on 23 Jan 2008. 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 |
|---|---|
| £365,000 | 23 Jan 2008 |
| £327,000 | 25 Aug 2006 |
| £200,000 | 31 Aug 2000 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 January 2008 the House Price Index for GREATER LONDON was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £365,000 results in an estimated price of approximately £568,923.
| 23 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £365,000 | £203,923 | £568,923 |
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 | 42.761 % | £156,076 | £521,076 |
| 3 Month Average | 58.239 % | £212,570 | £577,570 |
| 6 Month Average | 81.016 % | £295,707 | £660,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Mar 2023 | £615,802 | £610,000 | 290 MALDEN WAY |
| 10 Jan 2023 | £895,731 | £899,950 | 34 GAINSBOROUGH ROAD |
| 16 Sep 2022 | £736,056 | £742,000 | 36 GAINSBOROUGH ROAD |
| 20 Apr 2022 | £877,389 | £852,000 | 7 ROMNEY ROAD |
| 8 Feb 2022 | £954,312 | £910,000 | 3 MANOR DRIVE NORTH |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 6 Aug 2010. Using an estimated price of £568,924 means this house is valued at £7,585 per sq meter (£704 per sq foot).
The average size of a house on GAINSBOROUGH ROAD is 119 sq meters (1,290 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Gainsborough Road |
| Jan 2024 | Drugs | Under investigation | On or near Gainsborough Road |
| Dec 2023 | Other theft | Under investigation | On or near Gainsborough Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Romney Road |