£583,143
This estimated value is based upon the latest sale price for the house of £546,500 on 14 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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178 High Street, New Malden, KT3 4ES
Phone: 02080220882
| Price Paid | Date |
|---|---|
| £546,500 | 14 Dec 2021 |
| £400,000 | 2 May 2014 |
| £300,000 | 19 Mar 2012 |
| £280,000 | 20 Apr 2007 |
| £96,500 | 9 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £546,500 results in an estimated price of approximately £583,143.
| 14 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £546,500 | £36,643 | £583,143 |
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 | -15.191 % | £-83,016 | £463,483 |
| 3 Month Average | -33.278 % | £-181,865 | £364,634 |
| 6 Month Average | -18.205 % | £-99,489 | £447,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £585,539 | £580,000 | 32 ALBERT ROAD |
| 20 Jun 2023 | £686,567 | £681,000 | 16 ALBERT ROAD |
| 17 Apr 2023 | £644,792 | £640,000 | 12 GEORGE ROAD |
| 27 Jan 2023 | £540,254 | £545,000 | 17 GEORGE ROAD |
| 12 Sep 2022 | £513,752 | £520,000 | 63 GEORGE ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 22 Jul 2021. Using an estimated price of £583,143 means this house is valued at £7,880 per sq meter (£732 per sq foot).
The average size of a house on GEORGE ROAD is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near George Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near George Road |
| Mar 2024 | Possession of weapons | Under investigation | On or near George Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near George Road |
| Jan 2024 | Drugs | Local resolution | On or near George Road |