£604,064
This estimated value is based upon the latest sale price for the house of £495,000 on 30 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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178 High Street, New Malden, KT3 4ES
Phone: 02080220882
| Price Paid | Date |
|---|---|
| £495,000 | 30 May 2019 |
| £140,000 | 17 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.033%.Applying this 22.033% change to the original purchase price of £495,000 results in an estimated price of approximately £604,064.
| 30 May 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.033 % | £495,000 | £109,064 | £604,064 |
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 | -23.748 % | £-117,554 | £377,445 |
| 3 Month Average | -6.500 % | £-32,174 | £462,825 |
| 6 Month Average | 14.534 % | £71,942 | £566,942 |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 12 Mar 2019.
The average size of a house on SOMERSET CLOSE is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Under investigation | On or near Bramshaw Rise |
| Jan 2024 | Anti-social behaviour | On or near St James' Close | |
| Jan 2024 | Anti-social behaviour | On or near St James' Close | |
| Jan 2024 | Anti-social behaviour | On or near St James' Close | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bodley Road |