£1,112,708
This estimated value is based upon the latest sale price for the house of £1,025,000 on 27 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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46 - 48 High Street, New Malden, KT3 4EZ
Phone: 02081667292
Price Paid | Date |
---|---|
£1,025,000 | 27 Sep 2021 |
£525,000 | 31 Jul 2007 |
Detached |
Freehold |
Floor Area: 104 sq meters or 1,128 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 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £1,025,000 results in an estimated price of approximately £1,112,708.
27 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £1,025,000 | £87,708 | £1,112,708 |
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 | 12.723 % | £130,408 | £1,155,408 |
3 Month Average | -5.054 % | £-51,802 | £973,197 |
6 Month Average | -9.894 % | £-101,415 | £923,584 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2023 | £1,067,833 | £1,050,000 | 12 HILLBROW |
26 Aug 2022 | £1,115,215 | £1,110,000 | 14 HILLBROW |
25 Apr 2022 | £852,761 | £822,000 | 9 PARK VIEW |
7 Apr 2022 | £684,698 | £660,000 | 51 EGMONT ROAD |
9 Dec 2021 | £1,032,898 | £957,000 | 18 THE MOUNT |
This house has a floor area of 104 sq meters or 1,128 sq feet when measured on 28 Sep 2009. Using an estimated price of £1,112,708 means this house is valued at £10,609 per sq meter (£985 per sq foot).
The average size of a house on PARK VIEW is 145 sq meters (1,570 sq feet).