£518,761
This estimated value is based upon the latest sale price for the house of £465,000 on 27 Aug 2021. 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 |
|---|---|
| £465,000 | 27 Aug 2021 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 August 2021 the House Price Index for GREATER LONDON was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £465,000 results in an estimated price of approximately £518,761.
| 27 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £465,000 | £53,761 | £518,761 |
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 | -43.498 % | £-202,264 | £262,735 |
| 3 Month Average | -22.182 % | £-103,144 | £361,855 |
| 6 Month Average | -8.865 % | £-41,224 | £423,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £303,885 | £300,000 | 273 MALDEN WAY |
| 16 Jun 2023 | £364,414 | £360,000 | 320 MALDEN WAY |
| 29 Mar 2023 | £615,802 | £610,000 | 290 MALDEN WAY |
| 20 Apr 2022 | £877,389 | £852,000 | 7 ROMNEY ROAD |
| 21 Mar 2022 | £502,587 | £485,000 | 259 MALDEN WAY |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 23 Jul 2020. Using an estimated price of £518,761 means this house is valued at £5,085 per sq meter (£472 per sq foot).
The average size of a house on MALDEN WAY is 108 sq meters (1,170 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Romney Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxford Crescent |