According to the public record, The Willows, New Malden is a mid-century freehold house with 2,131 ft2 of internal area and sits on a 1,709 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Traps Lane, New Malden, KT3 is located in the borough of Kingston upon Thames within the KT3 postal district.
The Willows, New Malden has 2 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated October 2017.
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 The Willows New Malden as £1,849,545 and the rental value as £4,841 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of The Willows New Malden has increased by £64,470 (3.5%) and its rental value has increased by £168 per month (3.5%).
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 The Willows, New Malden is in very good condition we estimate a sale value of £1,942,023 and rental value of £5,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,720,077 and a rental value of £4,502 per month.
If you were able to purchase this property for the estimated value of £1,849,545, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £9,090 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 data from HM Land Registry, The Willows, New Malden sits on a plot of 1709m2.
We have plot size data on 5 out of 8 other houses in the postcode and The Willows, New Malden sits on the largest plot.
According to HM Land Registry, The Willows, New Malden was last sold on 10 Nov 2023 for £1,875,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2023, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Willows, New Malden within a radius of 670 metres over the last 2 years.
The most recent example is 11, Dell Walk, New Malden, KT3 4RF, a Freehold house which sold for £1,747,000 in Feb 2023.
Read more about house prices in KT3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Traps Lane, New Malden, KT3 has a total of 61 addresses. According to our analysis of all the public data, The Willows, New Malden is the 45th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £1.169m more expensive than the average property in KT3.
The Willows, New Malden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Oct 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to The Willows, New Malden is New Malden station which is 800 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 The Willows, New Malden, 50.4% of property is privately owned outright and 34.3% 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 The Willows, New Malden, 18.3% of residents are recorded as possessing school level qualifications and 63.7% 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 The Willows, New Malden, the average age was 43 and the most common age was 52.
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 The Willows, New Malden, 3.6% 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 The Willows, New Malden, there are an average of 1.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.