According to the public record, 8, Woodlands Avenue, New Malden is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,979 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Woodlands Avenue, New Malden, KT3 is located in the borough of Kingston upon Thames within the KT3 postal district.
8, Woodlands Avenue, New Malden has a single entry in the Land Registry database from May 2007 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 8 Woodlands Avenue New Malden as £1,448,742 and the rental value as £3,873 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of 8 Woodlands Avenue New Malden has increased by £52,470 (3.6%) and its rental value has increased by £139 per month (3.6%).
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 8, Woodlands Avenue, New Malden is in very good condition we estimate a sale value of £1,521,179 and rental value of £4,066 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,347,330 and a rental value of £3,602 per month.
If you were able to purchase this property for the estimated value of £1,448,742, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,120 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, 8, Woodlands Avenue, New Malden was last sold on 17 May 2007 for £865,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 88.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Woodlands Avenue, New Malden within a radius of 690 metres over the last 2 years.
The most recent example is 61, Beechcroft Avenue, New Malden, KT3 3EE, a Freehold house which sold for £1,400,000 in Nov 2023.
Read more about house prices in KT3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodlands Avenue, New Malden, KT3 has a total of 66 addresses. According to our analysis of all the public data, 8, Woodlands Avenue, New Malden is the 19th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £768k more expensive than the average property in KT3.
The closest station to 8, Woodlands Avenue, New Malden is Norbiton station which is 1.1 kilometres 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 8, Woodlands Avenue, New Malden, 47.4% of property is privately owned outright and 43.0% 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 8, Woodlands Avenue, New Malden, 26.0% of residents are recorded as possessing school level qualifications and 71.2% 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 8, Woodlands Avenue, New Malden, the average age was 43 and the most common age was 52.
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 8, Woodlands Avenue, New Malden, 2.8% 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 8, Woodlands Avenue, New Malden, there are an average of 1.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.