£495,093
This estimated value is based upon the latest sale price for the house of £373,000 on 25 Nov 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 |
|---|---|
| £373,000 | 25 Nov 2016 |
| £227,500 | 11 Oct 2012 |
| £215,000 | 13 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 November 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £373,000 results in an estimated price of approximately £495,093.
| 25 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £373,000 | £122,093 | £495,093 |
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 | 31.767 % | £118,491 | £491,491 |
| 3 Month Average | 38.179 % | £142,408 | £515,408 |
| 6 Month Average | 15.074 % | £56,225 | £429,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £635,000 | £635,000 | 8 WILLOW ROAD |
| 21 Dec 2023 | £51,585 | £50,000 | 240 KINGSTON ROAD |
| 30 Jun 2023 | £542,879 | £532,000 | 4 GEORGIA ROAD |
| 10 Mar 2023 | £493,237 | £485,000 | 11 OREGON CLOSE |
| 14 Oct 2022 | £338,868 | £340,000 | 6 VIRGINIA CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 18 Mar 2016. Using an estimated price of £495,094 means this house is valued at £9,168 per sq meter (£851 per sq foot).
The average size of a house on NEVADA CLOSE is 62 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Nevada Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nevada Close |
| Apr 2024 | Other theft | Under investigation | On or near Georgia Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Georgia Road |
| Apr 2024 | Public order | Under investigation | On or near Virginia Close |