According to the public record, Flat 11, Coleman Court 71, New Malden is a modern leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Coleman Court, Coombe Road, New Malden, KT3.
Coombe Road, New Malden, KT3 is located in the borough of Kingston upon Thames within the KT3 postal district.
Flat 11, Coleman Court 71, New Malden has a single entry in the Land Registry database from July 2020 and a single entry in the EPC database dated June 2019.
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 Flat 11 Coleman Court 71 New Malden as £593,885 and the rental value as £2,535 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 11 Coleman Court 71 New Malden has increased by £20,139 (3.4%) and its rental value has increased by £78 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 Flat 11, Coleman Court 71, New Malden is in very good condition we estimate a sale value of £623,580 and rental value of £2,662 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £552,313 and a rental value of £2,358 per month.
If you were able to purchase this property for the estimated value of £593,885, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,919 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, Flat 11, Coleman Court 71, New Malden was last sold on 20 Jul 2020 for £525,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2020, the market for similar properties has risen 9.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Coleman Court 71, New Malden within a radius of 490 metres over the last 2 years.
The most recent example is Flat 17, Coleman Court 71, Coombe Road, New Malden, KT3 4EH, a Leasehold flat which sold for £580,000 in Oct 2020.
Read more about house prices in KT3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coombe Road, New Malden, KT3 has a total of 161 addresses. According to our analysis of all the public data, Flat 11, Coleman Court 71, New Malden is the 25th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in KT3.
Flat 11, Coleman Court 71, New Malden has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and underfloor heating.
The closest station to Flat 11, Coleman Court 71, New Malden is New Malden station which is 200 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 Flat 11, Coleman Court 71, New Malden, 44.1% of property is privately owned with a mortgage and 33.1% 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 Flat 11, Coleman Court 71, New Malden, 26.1% of residents are recorded as possessing school level qualifications and 63.6% 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 Flat 11, Coleman Court 71, 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 Flat 11, Coleman Court 71, New Malden, 3.7% 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 Flat 11, Coleman Court 71, New Malden, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.