£651,712
This estimated value is based upon the latest sale price for the house of £535,000 on 7 Jul 2020. 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 |
|---|---|
| £535,000 | 7 Jul 2020 |
| £250,000 | 18 Nov 2011 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £535,000 results in an estimated price of approximately £651,712.
| 7 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £535,000 | £116,712 | £651,712 |
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 | 222.950 % | £1,192,781 | £1,727,781 |
| 3 Month Average | 103.385 % | £553,111 | £1,088,111 |
| 6 Month Average | 23.812 % | £127,395 | £662,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £580,000 | £580,000 | 76 FRANKS AVENUE |
| 15 Sep 2023 | £230,072 | £225,000 | 16 GOODING CLOSE |
| 15 Sep 2023 | £557,285 | £545,000 | 15 FRANKS AVENUE |
| 22 Jul 2022 | £618,699 | £612,500 | 47 FRANKS AVENUE |
| 21 Jun 2022 | £186,997 | £183,000 | 25 GOODING CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 10 Feb 2020. Using an estimated price of £651,712 means this house is valued at £8,806 per sq meter (£818 per sq foot).
The average size of a house on POTTERS GROVE is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Dunbar Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Dunbar Road |