According to the public record, Flat 3, 128, Malden Road, New Malden is a early-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 128, Malden Road, New Malden, KT3.
Malden Road, New Malden, KT3 is located in the borough of Kingston upon Thames within the KT3 postal district.
Flat 3, 128, Malden Road, New Malden has 21 entries in the Land Registry database, most recently in April 2006 and a single entry in the EPC database dated August 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 Flat 3 128 Malden Road New Malden as £297,829 and the rental value as £1,547 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 3 128 Malden Road New Malden has increased by £10,175 (3.4%) and its rental value has increased by £46 per month (3.0%).
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 Flat 3, 128, Malden Road, New Malden is in very good condition we estimate a sale value of £312,720 and rental value of £1,624 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,981 and a rental value of £1,438 per month.
If you were able to purchase this property for the estimated value of £297,829, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,464 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 3, 128, Malden Road, New Malden was last sold on 13 Apr 2006 for £185,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 128, Malden Road, New Malden within a radius of 420 metres over the last 2 years.
The most recent example is Flat 3, 177, High Street, New Malden, KT3 4BH, a Leasehold flat which sold for £312,000 in Nov 2023.
Read more about house prices in KT3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malden Road, New Malden, KT3 has a total of 343 addresses. According to our analysis of all the public data, Flat 3, 128, Malden Road, New Malden is the 339th largest and the 340th most expensive property on the street.
When compared to the postcode district it is £383k less expensive than the average property in KT3.
Flat 3, 128, Malden Road, New Malden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Aug 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 Flat 3, 128, Malden Road, New Malden is New Malden station which is 700 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 3, 128, Malden Road, 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 Flat 3, 128, Malden Road, 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 Flat 3, 128, Malden Road, 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 Flat 3, 128, Malden Road, 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 Flat 3, 128, Malden Road, 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.