£519,084
This estimated value is based upon the latest sale price for the house of £245,000 on 13 Feb 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
Thetford Road, New Malden, KT3 5DS
Phone: 02034783567
| Price Paid | Date |
|---|---|
| £245,000 | 13 Feb 2004 |
| £170,000 | 11 Oct 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 833 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 2004 the House Price Index for GREATER LONDON was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £245,000 results in an estimated price of approximately £519,084.
| 13 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 148.6 | 111.871 % | £245,000 | £274,084 | £519,084 |
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 | 119.352 % | £292,411 | £537,411 |
| 3 Month Average | 109.616 % | £268,560 | £513,560 |
| 6 Month Average | 148.870 % | £364,732 | £609,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £916,027 | £900,000 | 23 COTSFORD AVENUE |
| 27 Sep 2023 | £633,095 | £625,000 | 13 BARNSBURY CLOSE |
| 5 Aug 2022 | £688,148 | £690,000 | 9 GROVELAND WAY |
| 20 May 2022 | £673,694 | £661,000 | 36 GROVELAND WAY |
| 25 Feb 2022 | £1,274,164 | £1,215,000 | 18 COTSFORD AVENUE |
This house has a floor area of 77 sq meters or 833 sq feet when measured on 28 Oct 2010. Using an estimated price of £519,084 means this house is valued at £6,701 per sq meter (£622 per sq foot).
The average size of a house on GROVELAND WAY is 97 sq meters (1,047 sq feet).