According to the public record, Ground Floor Flat, 61, Lime Grove, New Malden is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 61, Lime Grove, New Malden, KT3.
Lime Grove, New Malden, KT3 is located in the borough of Kingston upon Thames within the KT3 postal district.
Ground Floor Flat, 61, Lime Grove, New Malden has 3 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated July 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 reasonable condition, we estimate the current sale value for Ground Floor Flat 61 Lime Grove New Malden as £410,921 and the rental value as £1,839 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Ground Floor Flat 61 Lime Grove New Malden has increased by £13,875 (3.4%) and its rental value has increased by £54 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 Ground Floor Flat, 61, Lime Grove, New Malden is in very good condition we estimate a sale value of £431,467 and rental value of £1,931 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,157 and a rental value of £1,710 per month.
If you were able to purchase this property for the estimated value of £410,921, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,020 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, Ground Floor Flat, 61, Lime Grove, New Malden was last sold on 12 Mar 2021 for £365,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2021, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ground Floor Flat, 61, Lime Grove, New Malden within a radius of 450 metres over the last 2 years.
The most recent example is Flat 3, Sloan Court 66-70, Coombe Road, New Malden, KT3 4BE, a Leasehold flat which sold for £406,000 in May 2024.
Read more about house prices in KT3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lime Grove, New Malden, KT3 has a total of 141 addresses. According to our analysis of all the public data, Ground Floor Flat, 61, Lime Grove, New Malden is the 108th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £270k less expensive than the average property in KT3.
Ground Floor Flat, 61, Lime Grove, New Malden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jul 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Ground Floor Flat, 61, Lime Grove, New Malden is New Malden station which is 500 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 Ground Floor Flat, 61, Lime Grove, New Malden, 51.3% of property is privately rented and 27.6% 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 Ground Floor Flat, 61, Lime Grove, New Malden, 16.5% of residents are recorded as possessing school level qualifications and 54.5% 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 Ground Floor Flat, 61, Lime Grove, 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 Ground Floor Flat, 61, Lime Grove, 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 Ground Floor Flat, 61, Lime Grove, 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.