According to the public record, 4 New House, New Malden is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 686 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in New House, South Lane, New Malden, KT3.
South Lane, New Malden, KT3 is located in the borough of Kingston upon Thames within the KT3 postal district.
4 New House, New Malden has 2 entries in the Land Registry database, most recently in August 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 New House New Malden as £264,160 and the rental value as £1,333 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 4 New House New Malden has decreased by £526 (0.2%) and its rental value has increased by £5 per month (0.4%).
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 4 New House, New Malden is in very good condition we estimate a sale value of £277,368 and rental value of £1,399 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,669 and a rental value of £1,240 per month.
If you were able to purchase this property for the estimated value of £264,160, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,298 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, 4 New House, New Malden was last sold on 09 Aug 2022 for £283,888 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 New House, New Malden within a radius of 560 metres over the last 2 years.
The most recent example is 15 New House, South Lane, New Malden, KT3 5LH, a Leasehold flat which sold for £266,000 in Apr 2022.
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, 4 New House, New Malden is the 302nd largest and the 336th most expensive property on the street.
When compared to the postcode district it is £416k less expensive than the average property in KT3.
The closest station to 4 New House, New Malden is Malden Manor station which is 400 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 4 New House, New Malden, 63.9% of property is socially rented and 16.5% 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 4 New House, New Malden, 26.9% of residents are recorded as possessing school level qualifications and 25.3% 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 4 New House, 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 4 New House, New Malden, 0.0% 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 4 New House, New Malden, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.