£526,298
This estimated value is based upon the latest sale price for the house of £175,000 on 25 Mar 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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60-62 Cambridge Road, New Malden, KT3 3QL
Phone: 02036411118
| Price Paid | Date |
|---|---|
| £175,000 | 25 Mar 2002 |
| Terraced |
| Freehold |
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 March 2002 the House Price Index for GREATER LONDON was 49.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 200.742%.Applying this 200.742% change to the original purchase price of £175,000 results in an estimated price of approximately £526,298.
| 25 Mar 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 148.0 | 200.742 % | £175,000 | £351,298 | £526,298 |
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 | 199.035 % | £348,311 | £523,311 |
| 3 Month Average | 155.584 % | £272,272 | £447,272 |
| 6 Month Average | 209.514 % | £366,649 | £541,649 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £528,212 | £525,000 | 23 MELROSE GARDENS |
| 23 Aug 2023 | £704,283 | £700,000 | 32 MELROSE GARDENS |
| 7 Jul 2023 | £535,061 | £530,000 | 33 KINGSCOTE ROAD |
| 30 Jun 2023 | £698,161 | £692,500 | 35 MELROSE GARDENS |
| 20 Jul 2022 | £1,657,760 | £1,660,000 | 98 CHESTNUT GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairmead Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Melrose Gardens |
| Jan 2024 | Theft from the person | Under investigation | On or near Melrose Mews |