£757,646
This estimated value is based upon the latest sale price for the house of £620,000 on 30 Sep 2019. 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 |
|---|---|
| £620,000 | 30 Sep 2019 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 September 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £620,000 results in an estimated price of approximately £757,646.
| 30 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £620,000 | £137,646 | £757,646 |
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 | -17.652 % | £-109,443 | £510,556 |
| 3 Month Average | -11.337 % | £-70,288 | £549,711 |
| 6 Month Average | 13.981 % | £86,685 | £706,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £977,550 | £965,000 | 287 SOUTH LANE |
| 30 Nov 2023 | £729,363 | £720,000 | 4 MINSTEAD WAY |
| 3 Nov 2023 | £850,924 | £840,000 | 52 LAWRENCE AVENUE |
| 10 Mar 2023 | £673,641 | £670,000 | 67 LAWRENCE AVENUE |
| 10 Mar 2023 | £628,397 | £625,000 | 12 MINSTEAD WAY |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 18 Jul 2019. Using an estimated price of £757,646 means this house is valued at £6,887 per sq meter (£639 per sq foot).
The average size of a house on SOUTH LANE is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near South Lane |
| Jan 2024 | Vehicle crime | Under investigation | On or near South Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Canford Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Canford Gardens |
| Mar 2024 | Other theft | Under investigation | On or near Canford Gardens |