According to the public record, Flat 2, 30, Penrith Road, New Malden is a modern leasehold apartment with 390 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 30, Penrith Road, New Malden, KT3.
Penrith Road, New Malden, KT3 is located in the borough of Kingston upon Thames within the KT3 postal district.
Flat 2, 30, Penrith Road, New Malden has 31 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated March 2012.
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 Flat 2 30 Penrith Road New Malden as £285,076 and the rental value as £1,329 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 2 30 Penrith Road New Malden has increased by £8,010 (2.8%) and its rental value has increased by £31 per month (2.4%).
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 Flat 2, 30, Penrith Road, New Malden is in very good condition we estimate a sale value of £299,330 and rental value of £1,396 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,121 and a rental value of £1,236 per month.
If you were able to purchase this property for the estimated value of £285,076, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,401 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 2, 30, Penrith Road, New Malden was last sold on 08 Dec 2017 for £290,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2017, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 30, Penrith Road, New Malden within a radius of 420 metres over the last 2 years.
The most recent example is 3, Holmwood Court 32, Elm Road, New Malden, KT3 3HA, a Leasehold flat which sold for £315,000 in May 2023.
Read more about house prices in KT3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penrith Road, New Malden, KT3 has a total of 59 addresses. According to our analysis of all the public data, Flat 2, 30, Penrith Road, New Malden is the 56th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £395k less expensive than the average property in KT3.
Flat 2, 30, Penrith Road, New Malden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2012.
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 Flat 2, 30, Penrith Road, New Malden is New Malden station which is 600 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 2, 30, Penrith Road, New Malden, 36.3% of property is privately owned with a mortgage and 32.9% 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 2, 30, Penrith Road, New Malden, 19.8% of residents are recorded as possessing school level qualifications and 61.1% 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 2, 30, Penrith Road, 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 2, 30, Penrith Road, New Malden, 1.4% 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 2, 30, Penrith Road, 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.