£1,065,151
This estimated value is based upon the latest sale price for the house of £1,045,000 on 15 Dec 2023. 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 |
|---|---|
| £1,045,000 | 15 Dec 2023 |
| Detached |
| Freehold |
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 December 2023 the House Price Index for GREATER LONDON was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £1,045,000 results in an estimated price of approximately £1,065,151.
| 15 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £1,045,000 | £20,151 | £1,065,151 |
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 | -38.056 % | £-397,681 | £647,318 |
| 3 Month Average | -21.992 % | £-229,812 | £815,187 |
| 6 Month Average | -13.486 % | £-140,931 | £904,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £1,065,152 | £1,045,000 | 38 NELSON ROAD |
| 8 Nov 2023 | £1,656,263 | £1,635,000 | 45 NELSON ROAD |
| 15 Aug 2023 | £1,408,566 | £1,400,000 | 61 NELSON ROAD |
| 18 Apr 2023 | £413,070 | £410,000 | 32C NELSON ROAD |
| 24 Feb 2023 | £403,093 | £405,000 | 22A NELSON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Nelson Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Nelson Road |
| Feb 2024 | Anti-social behaviour | On or near Lynton Road | |
| Apr 2024 | Burglary | Under investigation | On or near South Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near South Lane |