According to the public record, 16, Matlock Way, New Malden is a early-century freehold house with 2,486 ft2 of internal area and sits on a 531 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Matlock Way, New Malden, KT3 is located in the borough of Kingston upon Thames within the KT3 postal district.
16, Matlock Way, New Malden has 21 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Matlock Way New Malden as £1,507,627 and the rental value as £3,948 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 16 Matlock Way New Malden has increased by £54,602 (3.6%) and its rental value has increased by £142 per month (3.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Matlock Way, New Malden is in very good condition we estimate a sale value of £1,583,009 and rental value of £4,145 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,402,093 and a rental value of £3,671 per month.
If you were able to purchase this property for the estimated value of £1,507,627, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,410 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 16, Matlock Way, New Malden sits on a plot of 531m2.
We have plot size data on 11 out of 25 other houses in the postcode and 16, Matlock Way, New Malden sits on the 6th largest plot.
According to HM Land Registry, 16, Matlock Way, New Malden was last sold on 24 Aug 2023 for £1,450,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2023, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Matlock Way, New Malden within a radius of 650 metres over the last 2 years.
The most recent example is 6, Woodlands Avenue, New Malden, KT3 3UN, a Freehold house which sold for £1,477,500 in Feb 2024.
Read more about house prices in KT3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Matlock Way, New Malden, KT3 has a total of 51 addresses. According to our analysis of all the public data, 16, Matlock Way, New Malden is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £827k more expensive than the average property in KT3.
16, Matlock Way, New Malden has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 16, Matlock Way, New Malden is New Malden station which is 1.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Matlock Way, New Malden, 55.6% of property is privately owned outright and 33.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 16, Matlock Way, New Malden, 26.7% of residents are recorded as possessing school level qualifications and 62.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Matlock Way, New Malden, the average age was 43 and the most common age was 52.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 16, Matlock Way, New Malden, 0.9% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 16, Matlock Way, New Malden, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.