£695,590
This estimated value is based upon the latest sale price for the house of £517,000 on 3 Jun 2016. 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 |
|---|---|
| £517,000 | 3 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 June 2016 the House Price Index for GREATER LONDON was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £517,000 results in an estimated price of approximately £695,590.
| 3 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £517,000 | £178,590 | £695,590 |
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 | 62.154 % | £321,336 | £838,336 |
| 3 Month Average | 24.656 % | £127,471 | £644,471 |
| 6 Month Average | 14.256 % | £73,705 | £590,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £650,000 | £650,000 | 65 SOUTH LANE |
| 10 May 2024 | £580,000 | £580,000 | 76 FRANKS AVENUE |
| 30 Jun 2023 | £571,452 | £560,000 | 17 SOUTH LANE |
| 23 Jun 2023 | £658,190 | £645,000 | 10 BARNSBURY CLOSE |
| 24 Mar 2023 | £330,723 | £325,200 | FLAT 9 WAITELANDS HOUSE, 42 SOUTH LANE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 14 Jan 2016. Using an estimated price of £695,590 means this house is valued at £7,728 per sq meter (£718 per sq foot).
The average size of a house on FRANKS AVENUE is 107 sq meters (1,154 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Hawkhurst Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hawkhurst Way |