£553,409
This estimated value is based upon the latest sale price for the house of £344,000 on 24 May 2007. 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 |
|---|---|
| £344,000 | 24 May 2007 |
| £198,000 | 28 Feb 2002 |
| £92,300 | 18 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 May 2007 the House Price Index for GREATER LONDON was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £344,000 results in an estimated price of approximately £553,409.
| 24 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £344,000 | £209,409 | £553,409 |
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 | 73.462 % | £252,707 | £596,707 |
| 3 Month Average | 116.051 % | £399,216 | £743,216 |
| 6 Month Average | 108.833 % | £374,386 | £718,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £650,000 | £650,000 | 65 SOUTH LANE |
| 18 Dec 2023 | £761,396 | £738,000 | 40 ALBEMARLE GARDENS |
| 8 Nov 2023 | £338,595 | £330,000 | 70A SOUTH LANE |
| 25 Oct 2023 | £378,599 | £370,000 | 10 RUSHEY CLOSE |
| 27 Sep 2023 | £639,088 | £625,000 | 13 BARNSBURY CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 1 Dec 2019. Using an estimated price of £553,410 means this house is valued at £6,435 per sq meter (£597 per sq foot).
The average size of a house on SOUTH LANE is 94 sq meters (1,017 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 |