£606,752
This estimated value is based upon the latest sale price for the house of £360,000 on 8 Nov 2012. 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 |
---|---|
£360,000 | 8 Nov 2012 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,005 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 November 2012 the House Price Index for GREATER LONDON was 87.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.542%.Applying this 68.542% change to the original purchase price of £360,000 results in an estimated price of approximately £606,752.
8 Nov 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.8 | 148.0 | 68.542 % | £360,000 | £246,752 | £606,752 |
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 | 34.828 % | £125,380 | £485,380 |
3 Month Average | 33.408 % | £120,267 | £480,267 |
6 Month Average | 60.034 % | £216,121 | £576,121 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £519,835 | £510,000 | 81 NORTHCOTE ROAD |
7 Jul 2023 | £547,681 | £542,500 | 85 NORTHCOTE ROAD |
27 Jan 2023 | £708,774 | £715,000 | 100 NORTHCOTE ROAD |
11 Oct 2022 | £246,338 | £250,000 | UNIT 1 LEIGH CLOSE INDUSTRIAL ESTATE |
8 Aug 2022 | £636,698 | £641,000 | 91 NORTHCOTE ROAD |
This house has a floor area of 93 sq meters or 1,005 sq feet when measured on 6 Mar 2009. Using an estimated price of £606,752 means this house is valued at £6,496 per sq meter (£603 per sq foot).
The average size of a house on NORTHCOTE ROAD is 79 sq meters (853 sq feet).