£525,454
This estimated value is based upon the latest sale price for the house of £435,000 on 24 Aug 2020. 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 |
---|---|
£435,000 | 24 Aug 2020 |
£306,000 | 27 Jul 2010 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 August 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £435,000 results in an estimated price of approximately £525,454.
24 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £435,000 | £90,454 | £525,454 |
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 | 91.089 % | £396,236 | £831,236 |
3 Month Average | 43.485 % | £189,158 | £624,158 |
6 Month Average | 21.455 % | £93,331 | £528,331 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £500,000 | £500,000 | 22 ALBERT ROAD |
20 Jun 2023 | £694,926 | £681,000 | 16 ALBERT ROAD |
17 Apr 2023 | £652,199 | £640,000 | 12 GEORGE ROAD |
28 Feb 2023 | £538,598 | £535,000 | 74 QUEENS ROAD |
27 Jan 2023 | £546,460 | £545,000 | 17 GEORGE ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Apr 2019. Using an estimated price of £525,455 means this house is valued at £7,506 per sq meter (£697 per sq foot).
The average size of a house on GEORGE ROAD is 84 sq meters (910 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near George Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near George Road |