£540,016
This estimated value is based upon the latest sale price for the house of £109,000 on 24 Oct 1997. 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 |
|---|---|
| £109,000 | 24 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 October 1997 the House Price Index for GREATER LONDON was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £109,000 results in an estimated price of approximately £540,016.
| 24 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 148.6 | 395.428 % | £109,000 | £431,016 | £540,016 |
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 | 243.988 % | £265,947 | £374,947 |
| 3 Month Average | 353.435 % | £385,244 | £494,244 |
| 6 Month Average | 438.347 % | £477,797 | £586,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £587,913 | £580,000 | 32 ALBERT ROAD |
| 20 Jun 2023 | £689,350 | £681,000 | 16 ALBERT ROAD |
| 17 Apr 2023 | £646,966 | £640,000 | 12 GEORGE ROAD |
| 27 Jan 2023 | £542,445 | £545,000 | 17 GEORGE ROAD |
| 12 Sep 2022 | £515,834 | £520,000 | 63 GEORGE ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 31 Mar 2015. Using an estimated price of £540,016 means this house is valued at £7,297 per sq meter (£677 per sq foot).
The average size of a house on GEORGE ROAD is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near George Road |
| Jan 2024 | Drugs | Local resolution | On or near George Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near George Road |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Albert Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Queen'S Road |