According to the public record, 23, Lawn Close, New Malden is a early-century leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Lawn Close, New Malden, KT3 is located in the borough of Kingston upon Thames within the KT3 postal district.
23, Lawn Close, New Malden has 41 entries in the Land Registry database, most recently in August 2015 and a single entry in the EPC database dated July 2020.
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 23 Lawn Close New Malden as £432,563 and the rental value as £1,886 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 23 Lawn Close New Malden has increased by £14,678 (3.4%) and its rental value has increased by £56 per month (3.0%).
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 23, Lawn Close, New Malden is in very good condition we estimate a sale value of £454,191 and rental value of £1,980 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,283 and a rental value of £1,754 per month.
If you were able to purchase this property for the estimated value of £432,563, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,126 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 HM Land Registry, 23, Lawn Close, New Malden was last sold on 25 Aug 2015 for £270,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2015, the market for similar properties has risen 16.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Lawn Close, New Malden within a radius of 500 metres over the last 2 years.
The most recent example is Flat 3, Sloan Court 66-70, Coombe Road, New Malden, KT3 4BE, a Leasehold flat which sold for £406,000 in May 2024.
Read more about house prices in KT3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lawn Close, New Malden, KT3 has a total of 26 addresses. According to our analysis of all the public data, 23, Lawn Close, New Malden is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £248k less expensive than the average property in KT3.
23, Lawn Close, New Malden has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jul 2020.
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 23, Lawn Close, New Malden is New Malden station which is 500 metres 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 23, Lawn Close, New Malden, 27.3% of property is privately owned outright and 26.6% is privately rented.
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 23, Lawn Close, New Malden, 15.1% of residents are recorded as possessing school level qualifications and 47.4% 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 23, Lawn Close, New Malden, the average age was 38.6 and the most common age was 42.
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 23, Lawn Close, New Malden, 0.8% 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 23, Lawn Close, New Malden, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.