£513,375
This estimated value is based upon the latest sale price for the house of £425,000 on 7 Aug 2020. 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 |
---|---|
£425,000 | 7 Aug 2020 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 August 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £425,000 results in an estimated price of approximately £513,375.
7 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £425,000 | £88,375 | £513,375 |
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 | 91.089 % | £387,127 | £812,127 |
3 Month Average | 43.485 % | £184,809 | £609,809 |
6 Month Average | 21.455 % | £91,185 | £516,185 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £526,168 | £510,000 | 81 NORTHCOTE ROAD |
29 Sep 2023 | £562,398 | £550,000 | 37 NORTHCOTE ROAD |
27 Jan 2023 | £716,916 | £715,000 | 100 NORTHCOTE ROAD |
8 Aug 2022 | £644,011 | £641,000 | 91 NORTHCOTE ROAD |
28 Jul 2022 | £633,094 | £626,750 | 31 NORTHCOTE ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 23 Oct 2019. Using an estimated price of £513,375 means this house is valued at £7,333 per sq meter (£681 per sq foot).
The average size of a house on NORTHCOTE ROAD is 79 sq meters (853 sq feet).