According to the public record, 253, South Lane, New Malden is a early-century freehold house with 1,119 ft2 of internal area and sits on a 512 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
South Lane, New Malden, KT3 is located in the borough of Kingston upon Thames within the KT3 postal district.
253, South Lane, New Malden has 21 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated June 2013.
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 253 South Lane New Malden as £717,108 and the rental value as £2,941 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 253 South Lane New Malden has increased by £15,779 (2.2%) and its rental value has increased by £67 per month (2.3%).
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 253, South Lane, New Malden is in very good condition we estimate a sale value of £752,964 and rental value of £3,088 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £666,911 and a rental value of £2,735 per month.
If you were able to purchase this property for the estimated value of £717,108, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,524 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, 253, South Lane, New Malden sits on a plot of 512m2.
We have plot size data on 11 out of 19 other houses in the postcode and 253, South Lane, New Malden sits on the largest plot.
According to HM Land Registry, 253, South Lane, New Malden was last sold on 15 Jul 2020 for £680,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 253, South Lane, New Malden within a radius of 610 metres over the last 2 years.
The most recent example is 261, South Lane, New Malden, KT3 5RP, a Freehold house which sold for £700,000 in Jan 2024.
Read more about house prices in KT3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Lane, New Malden, KT3 has a total of 373 addresses. According to our analysis of all the public data, 253, South Lane, New Malden is the 132nd largest and the 87th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in KT3.
253, South Lane, New Malden has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Jun 2013.
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 253, South Lane, New Malden is Malden Manor station which is 600 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 253, South Lane, New Malden, 50.4% of property is privately owned outright and 32.7% 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 253, South Lane, New Malden, 19.1% of residents are recorded as possessing school level qualifications and 45.6% 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 253, South Lane, New Malden, the average age was 41.8 and the most common age was 47.
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 253, South Lane, New Malden, 2.0% 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 253, South Lane, New Malden, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.