£432,826
This estimated value is based upon the latest sale price for the house of £76,750 on 28 Jun 1996. 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 |
|---|---|
| £76,750 | 28 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 1996 the House Price Index for GREATER LONDON was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 463.944%.Applying this 463.944% change to the original purchase price of £76,750 results in an estimated price of approximately £432,826.
| 28 Jun 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 463.944 % | £76,750 | £356,076 | £432,826 |
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 | 734.546 % | £563,764 | £640,514 |
| 3 Month Average | 616.947 % | £473,506 | £550,256 |
| 6 Month Average | 508.369 % | £390,173 | £466,923 |
| 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 79 sq meters or 850 sq feet when measured on 11 May 2016. Using an estimated price of £432,827 means this house is valued at £5,478 per sq meter (£508 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 |