£507,317
This estimated value is based upon the latest sale price for the house of £485,722 on 4 Feb 2022. 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 |
---|---|
£485,722 | 4 Feb 2022 |
£209,950 | 20 Sep 2006 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £485,722 results in an estimated price of approximately £507,317.
4 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.0 | 4.446 % | £485,722 | £21,595 | £507,317 |
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 | -12.492 % | £-60,675 | £425,046 |
3 Month Average | -20.270 % | £-98,456 | £387,265 |
6 Month Average | -9.872 % | £-47,950 | £437,771 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
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 |
24 Mar 2022 | £691,492 | £670,000 | 4 KINGSCOTE ROAD |
4 Feb 2022 | £507,317 | £485,722 | 3 KINGSCOTE ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Aug 2021. Using an estimated price of £507,317 means this house is valued at £7,247 per sq meter (£673 per sq foot).
The average size of a house on KINGSCOTE ROAD is 81 sq meters (875 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Under investigation | On or near Melrose Gardens |
Jan 2024 | Theft from the person | Under investigation | On or near Melrose Mews |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairmead Close |