£416,232
This estimated value is based upon the latest sale price for the house of £321,450 on 16 Feb 2017. 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 |
|---|---|
| £321,450 | 16 Feb 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 February 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 29.486%.Applying this 29.486% change to the original purchase price of £321,450 results in an estimated price of approximately £416,232.
| 16 Feb 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.0 | 29.486 % | £321,450 | £94,782 | £416,232 |
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 | -9.986 % | £-32,098 | £289,351 |
| 3 Month Average | 32.982 % | £106,021 | £427,471 |
| 6 Month Average | 43.804 % | £140,808 | £462,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2023 | £791,886 | £786,000 | 9 GLEBE GARDENS |
| 9 Aug 2022 | £281,983 | £283,888 | 4 NEW HOUSE SOUTH LANE |
| 16 May 2022 | £796,845 | £785,000 | 15 LYNDHURST DRIVE |
| 13 Apr 2022 | £272,820 | £266,000 | 15 NEW HOUSE SOUTH LANE |
| 18 Mar 2022 | £323,918 | £313,850 | 8 COLUMBIA COURT SOUTH LANE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 24 Oct 2016. Using an estimated price of £416,233 means this house is valued at £5,138 per sq meter (£477 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 |
| Mar 2024 | Anti-social behaviour | On or near Newhouse Close | |
| Feb 2024 | Anti-social behaviour | On or near Newhouse Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Newhouse Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Newhouse Close |