According to the public record, 30, Albany Apartments 300-302, New Malden is a modern leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Albany Apartments, Burlington Road, New Malden, KT3.
Burlington Road, New Malden, KT3 is located in the borough of Merton within the KT3 postal district.
30, Albany Apartments 300-302, New Malden has 2 entries in the Land Registry database, most recently in January 2024 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 good condition, we estimate the current sale value for 30 Albany Apartments 300-302 New Malden as £182,435 and the rental value as £933 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 30 Albany Apartments 300-302 New Malden has increased by £4,880 (2.7%) and its rental value has increased by £29 per month (3.1%).
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 30, Albany Apartments 300-302, New Malden is in very good condition we estimate a sale value of £191,557 and rental value of £980 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,664 and a rental value of £868 per month.
If you were able to purchase this property for the estimated value of £182,435, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £897 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, 30, Albany Apartments 300-302, New Malden was last sold on 17 Jan 2024 for £190,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2024, the market for similar properties has risen 3.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 30, Albany Apartments 300-302, New Malden within a radius of 550 metres over the last 2 years.
The most recent example is 31, Albany Apartments 300-302, Burlington Road, New Malden, KT3 4NH, a Leasehold flat which sold for £158,900 in Mar 2021.
Read more about house prices in KT3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burlington Road, New Malden, KT3 has a total of 415 addresses. According to our analysis of all the public data, 30, Albany Apartments 300-302, New Malden is the 122nd largest and the 400th most expensive property on the street.
When compared to the postcode district it is £498k less expensive than the average property in KT3.
30, Albany Apartments 300-302, New Malden has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 30, Albany Apartments 300-302, New Malden is Motspur Park station which is 700 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 30, Albany Apartments 300-302, New Malden, 37.2% of property is privately rented and 28.4% 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 30, Albany Apartments 300-302, New Malden, 25.9% of residents are recorded as possessing school level qualifications and 46.4% 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 30, Albany Apartments 300-302, 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 30, Albany Apartments 300-302, New Malden, 0.7% 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 30, Albany Apartments 300-302, 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.