£715,716
This estimated value is based upon the latest sale price for the house of £450,000 on 4 May 2007. 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 |
---|---|
£450,000 | 4 May 2007 |
£305,000 | 30 Mar 2005 |
Detached |
Freehold |
Floor Area: 153 sq meters or 1,651 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 May 2007 the House Price Index for GREATER LONDON was 93.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 59.048%.Applying this 59.048% change to the original purchase price of £450,000 results in an estimated price of approximately £715,716.
4 May 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.1 | 148.0 | 59.048 % | £450,000 | £265,716 | £715,716 |
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 | 51.039 % | £229,674 | £679,674 |
3 Month Average | 55.009 % | £247,540 | £697,540 |
6 Month Average | 91.772 % | £412,975 | £862,975 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Mar 2023 | £613,315 | £610,000 | 290 MALDEN WAY |
27 Jan 2023 | £455,995 | £460,000 | 261 MALDEN WAY |
10 Jan 2023 | £892,114 | £899,950 | 34 GAINSBOROUGH ROAD |
16 Sep 2022 | £733,084 | £742,000 | 36 GAINSBOROUGH ROAD |
20 Apr 2022 | £873,846 | £852,000 | 7 ROMNEY ROAD |
This house has a floor area of 153 sq meters or 1,651 sq feet when measured on 13 Nov 2009. Using an estimated price of £715,716 means this house is valued at £4,665 per sq meter (£433 per sq foot).
The average size of a house on MALDEN WAY is 108 sq meters (1,170 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Woodies Lane |
Apr 2024 | Other theft | Under investigation | On or near Romney Road |
Feb 2024 | Burglary | Under investigation | On or near Romney Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Romney Road |