£655,248
This estimated value is based upon the latest sale price for the house of £128,000 on 31 Jul 1997. 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 |
---|---|
£128,000 | 31 Jul 1997 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 July 1997 the House Price Index for GREATER LONDON was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £128,000 results in an estimated price of approximately £655,248.
31 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.2 | 149.7 | 411.913 % | £128,000 | £527,248 | £655,248 |
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 | 648.007 % | £829,448 | £957,448 |
3 Month Average | 555.121 % | £710,554 | £838,554 |
6 Month Average | 465.292 % | £595,574 | £723,574 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £580,000 | £580,000 | 76 FRANKS AVENUE |
15 Sep 2023 | £557,285 | £545,000 | 15 FRANKS AVENUE |
22 Jul 2022 | £618,699 | £612,500 | 47 FRANKS AVENUE |
1 Apr 2022 | £635,971 | £613,030 | 13 FRANKS AVENUE |
30 Mar 2022 | £172,249 | £165,000 | 21 GOODING CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 7 Mar 2013. Using an estimated price of £655,249 means this house is valued at £8,089 per sq meter (£751 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 | Other crime | Under investigation | On or near South Park Grove |
Apr 2024 | Violence and sexual offences | Under investigation | On or near South Park Grove |