£283,493
This estimated value is based upon the latest sale price for the house of £170,000 on 5 Dec 2006. 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 |
|---|---|
| £170,000 | 5 Dec 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 December 2006 the House Price Index for GREATER LONDON was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £170,000 results in an estimated price of approximately £283,493.
| 5 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 149.7 | 66.761 % | £170,000 | £113,493 | £283,493 |
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 | 90.215 % | £153,365 | £323,365 |
| 3 Month Average | 134.764 % | £229,098 | £399,098 |
| 6 Month Average | 121.705 % | £206,898 | £376,898 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £281,199 | £275,000 | 371 MALDEN ROAD |
| 18 Aug 2023 | £280,051 | £275,000 | 26 CHURCH ROAD |
| 10 Nov 2022 | £758,453 | £762,000 | 8 CHURCH ROAD |
| 9 Aug 2022 | £285,222 | £283,888 | 4 NEW HOUSE SOUTH LANE |
| 16 May 2022 | £805,998 | £785,000 | 15 LYNDHURST DRIVE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 17 Jan 2020. Using an estimated price of £283,494 means this house is valued at £4,499 per sq meter (£418 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 | Violence and sexual offences | Under investigation | On or near Newhouse Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stroudes Close |