£630,690
This estimated value is based upon the latest sale price for the house of £498,000 on 21 Dec 2017. 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 |
---|---|
£498,000 | 21 Dec 2017 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £498,000 results in an estimated price of approximately £630,690.
21 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 149.7 | 26.645 % | £498,000 | £132,690 | £630,690 |
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 | 15.810 % | £78,734 | £576,734 |
3 Month Average | 35.996 % | £179,258 | £677,258 |
6 Month Average | 9.164 % | £45,635 | £543,635 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2024 | £510,000 | £510,000 | 41 KINGSCOTE ROAD |
25 Aug 2023 | £534,643 | £525,000 | 23 MELROSE GARDENS |
23 Aug 2023 | £712,857 | £700,000 | 32 MELROSE GARDENS |
30 Jun 2023 | £706,662 | £692,500 | 35 MELROSE GARDENS |
20 Jul 2022 | £1,676,802 | £1,660,000 | 98 CHESTNUT GROVE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 21 Sep 2017. Using an estimated price of £630,690 means this house is valued at £9,555 per sq meter (£887 per sq foot).
The average size of a house on KINGSCOTE ROAD is 81 sq meters (875 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairmead Close |