According to the public record, Flat 5, 17, California Road, New Malden is a modern leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 17, California Road, New Malden, KT3.
California Road, New Malden, KT3 is located in the borough of Kingston upon Thames within the KT3 postal district.
Flat 5, 17, California Road, New Malden has 41 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated September 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 Flat 5 17 California Road New Malden as £254,352 and the rental value as £1,325 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 5 17 California Road New Malden has increased by £7,567 (3.0%) 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 5, 17, California Road, New Malden is in very good condition we estimate a sale value of £267,070 and rental value of £1,392 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,548 and a rental value of £1,233 per month.
If you were able to purchase this property for the estimated value of £254,352, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,250 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 5, 17, California Road, New Malden was last sold on 24 Sep 2021 for £227,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2021, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 17, California Road, New Malden within a radius of 530 metres over the last 2 years.
The most recent example is Flat 5, 5, Sherfield Close, New Malden, KT3 3RG, a Leasehold flat which sold for £245,000 in Nov 2022.
Read more about house prices in KT3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
California Road, New Malden, KT3 has a total of 34 addresses. According to our analysis of all the public data, Flat 5, 17, California Road, New Malden is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £426k less expensive than the average property in KT3.
Flat 5, 17, California Road, New Malden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 5, 17, California Road, New Malden is Berrylands 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 Flat 5, 17, California Road, New Malden, 38.5% of property is privately rented and 33.6% 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 5, 17, California Road, New Malden, 24.4% of residents are recorded as possessing school level qualifications and 39.7% 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 5, 17, California Road, New Malden, the average age was 36.3 and the most common age was 22.
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 5, 17, California Road, 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 5, 17, California 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.