£189,656
This estimated value is based upon the latest sale price for the house of £38,000 on 30 Oct 1997. 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 |
|---|---|
| £38,000 | 30 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 October 1997 the House Price Index for GREATER LONDON was 30.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 399.095%.Applying this 399.095% change to the original purchase price of £38,000 results in an estimated price of approximately £189,656.
| 30 Oct 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 149.7 | 399.095 % | £38,000 | £151,656 | £189,656 |
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 | 350.541 % | £133,205 | £171,205 |
| 3 Month Average | 501.782 % | £190,677 | £228,677 |
| 6 Month Average | 479.179 % | £182,087 | £220,087 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £634,752 | £625,000 | 28 BROCKENHURST AVENUE |
| 12 Sep 2023 | £355,844 | £348,000 | 83 GLEBE GARDENS |
| 11 Apr 2023 | £800,982 | £786,000 | 9 GLEBE GARDENS |
| 9 Aug 2022 | £285,222 | £283,888 | 4 NEW HOUSE SOUTH LANE |
| 13 Apr 2022 | £275,954 | £266,000 | 15 NEW HOUSE SOUTH LANE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 14 Oct 2019. Using an estimated price of £189,656 means this house is valued at £3,058 per sq meter (£284 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 |