According to the public record, Flat 3, Downfield House, New Malden is a mid-century apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Downfield House, Sheephouse Way, New Malden, KT3.
Sheephouse Way, New Malden, KT3 is located in the borough of Kingston upon Thames within the KT3 postal district.
Flat 3, Downfield House, New Malden has no recent1 records in the Land Registry database and a single entry in the EPC database dated February 2021.
We combine this information with public data 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 Downfield House New Malden as £290,510 and the rental value as £1,473 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 3 Downfield House New Malden has increased by £6,167 (2.1%) and its rental value has increased by £35 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 3, Downfield House, New Malden is in very good condition we estimate a sale value of £305,036 and rental value of £1,547 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,174 and a rental value of £1,370 per month.
If you were able to purchase this property for the estimated value of £290,510, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,428 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, Downfield House, New Malden was last sold on 24 May 2002 for £114,000 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, Downfield House, New Malden within a radius of 630 metres over the last 2 years.
The most recent example is Flat 7, Clinton House, Sheephouse Way, New Malden, KT3 5PS, a Leasehold flat which sold for £330,000 in Jan 2024.
Read more about house prices in KT3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sheephouse Way, New Malden, KT3 has a total of 235 addresses. According to our analysis of all the public data, Flat 3, Downfield House, New Malden is the 73rd largest and the 113th most expensive property on the street.
When compared to the postcode district it is £390k less expensive than the average property in KT3.
Flat 3, Downfield House, New Malden has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Feb 2021.
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, Downfield House, New Malden is Malden Manor station which is 300 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, Downfield House, New Malden, 55.7% of property is privately rented and 23.0% 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 Flat 3, Downfield House, New Malden, 19.8% of residents are recorded as possessing school level qualifications and 41.7% 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, Downfield House, New Malden, the average age was 42.5 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 3, Downfield House, 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 Flat 3, Downfield House, New Malden, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.