According to the public record, 5, Welbeck Close, New Malden is a early-century freehold house with 1,323 ft2 of internal area and sits on a 548 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Welbeck Close, New Malden, KT3 is located in the borough of Kingston upon Thames within the KT3 postal district.
5, Welbeck Close, New Malden has a single entry in the Land Registry database from November 2018 and a single entry in the EPC database dated July 2018.
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 5 Welbeck Close New Malden as £874,976 and the rental value as £3,215 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 5 Welbeck Close New Malden has increased by £21,689 (2.5%) and its rental value has increased by £65 per month (2.0%).
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 5, Welbeck Close, New Malden is in very good condition we estimate a sale value of £918,725 and rental value of £3,375 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £813,727 and a rental value of £2,990 per month.
If you were able to purchase this property for the estimated value of £874,976, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,300 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, 5, Welbeck Close, New Malden sits on a plot of 548m2.
We have plot size data on 7 out of 13 other houses in the postcode and 5, Welbeck Close, New Malden sits on the 2nd largest plot.
According to HM Land Registry, 5, Welbeck Close, New Malden was last sold on 09 Nov 2018 for £720,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2018, the market for similar properties has risen 22.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Welbeck Close, New Malden within a radius of 460 metres over the last 2 years.
The most recent example is 7, Cromwell Avenue, New Malden, KT3 6DN, a Freehold house which sold for £700,000 in Sep 2023.
Read more about house prices in KT3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welbeck Close, New Malden, KT3 has a total of 13 addresses. According to our analysis of all the public data, 5, Welbeck Close, New Malden is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £195k more expensive than the average property in KT3.
5, Welbeck Close, New Malden has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Jul 2018.
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 5, Welbeck Close, New Malden is New Malden station which is 900 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 5, Welbeck Close, New Malden, 40.5% of property is privately owned outright and 31.8% 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 5, Welbeck Close, New Malden, 21.5% 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 5, Welbeck Close, 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 5, Welbeck Close, New Malden, 2.3% 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 5, Welbeck Close, New Malden, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.