According to the public record, 27A, Cobham Avenue, New Malden is a early-century leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 27, Cobham Avenue, New Malden, KT3.
Cobham Avenue, New Malden, KT3 is located in the borough of Merton within the KT3 postal district.
27A, Cobham Avenue, New Malden has 31 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated August 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 reasonable condition, we estimate the current sale value for 27A Cobham Avenue New Malden as £265,661 and the rental value as £1,315 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 27A Cobham Avenue New Malden has increased by £6,487 (2.4%) and its rental value has increased by £34 per month (2.6%).
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 27A, Cobham Avenue, New Malden is in very good condition we estimate a sale value of £278,944 and rental value of £1,381 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,065 and a rental value of £1,223 per month.
If you were able to purchase this property for the estimated value of £265,661, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,306 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, 27A, Cobham Avenue, New Malden was last sold on 10 Sep 2021 for £287,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2021, the market for similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27A, Cobham Avenue, New Malden within a radius of 500 metres over the last 2 years.
The most recent example is Flat 22, Parkgate House 356, West Barnes Lane, New Malden, KT3 6NB, a Leasehold flat which sold for £255,000 in Jun 2024.
Read more about house prices in KT3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cobham Avenue, New Malden, KT3 has a total of 82 addresses. According to our analysis of all the public data, 27A, Cobham Avenue, New Malden is the 75th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £415k less expensive than the average property in KT3.
27A, Cobham Avenue, New Malden has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Aug 2020.
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 27A, Cobham Avenue, New Malden is Motspur Park 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 27A, Cobham Avenue, New Malden, 31.3% of property is privately owned with a mortgage and 27.8% is privately owned outright.
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 27A, Cobham Avenue, New Malden, 22.3% of residents are recorded as possessing school level qualifications and 41.8% 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 27A, Cobham Avenue, 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 27A, Cobham Avenue, 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 27A, Cobham Avenue, New Malden, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.