Melrose Gardens - KT3 3HQ
Key Postcode Insights
KT3 3HQ is a residential postcode situated on Melrose Gardens, New Malden, KT3 with 39 addresses.
It ranks as the 604th largest and 287th most expensive of the 692 postcodes in the KT3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 39 properties: 39 houses.
- Ave. Sale Price
- £588,413
- 10 Year change
- up 17.7%
- Ave. Rental Price
- £2,592pcm
- 10 Year change
- up 54.7%
- Ave. £ per ft²
- £587/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
KT3 3HQ is a residential postcode situated on Melrose Gardens, New Malden, KT3 with 39 addresses.
It ranks as the 604th largest and 287th most expensive of the 692 postcodes in the KT3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 39 properties: 39 houses.
- Ave. Sale Price
- £588,413
- 10 Year change
- up 17.7%
- Ave. Rental Price
- £2,592pcm
- 10 Year change
- up 54.7%
- Ave. £ per ft²
- £587/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin KT3 3HQ
- 1 Melrose Gardens
3 Bed Period House
- 2 Melrose Gardens
3 Bed Period House
- 3 Melrose Gardens
3 Bed Period House
- 4 Melrose Gardens
Unknown
- 5 Melrose Gardens
3 Bed Period House
Sales Market Trends
The last sale in KT3 3HQ sold for £450,000 on 17th January 2025. Since then prices are down an average of 0.3%.
The current average value in the postcode is £588,413.
The KT3 3HQ Sales Market has increased by 17.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £588,413 |
| June 2025 | 1% | £594,661 |
| June 2024 | -1% | £588,688 |
| June 2023 | 1.5% | £594,470 |
| June 2022 | 8.6% | £585,926 |
| June 2021 | 5.7% | £539,662 |
| June 2020 | 3.6% | £510,556 |
| June 2019 | -1.5% | £492,895 |
| June 2018 | -1.2% | £500,368 |
| June 2017 | 1.4% | £506,606 |
| June 2016 | 8.3% | £499,835 |
| June 2015 | 6.9% | £461,432 |
| June 2014 | 20.5% | £431,640 |
| June 2013 | 7.5% | £358,225 |
| June 2012 | 3.7% | £333,224 |
| June 2011 | 3.5% | £321,484 |
| June 2010 | 16.1% | £310,617 |
| June 2009 | -11.6% | £267,620 |
| June 2008 | 0.8% | £302,767 |
| June 2007 | 0% | £300,247 |
Rental Market Trends
The current average rental value in the postcode is £2,592.
The KT3 3HQ Rental Market has increased by 54.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £2,592pcm |
| June 2025 | 3.3% | £2,509pcm |
| June 2024 | 4.5% | £2,430pcm |
| June 2023 | 14.1% | £2,324pcm |
| June 2022 | 12.6% | £2,037pcm |
| June 2021 | 4.1% | £1,809pcm |
| June 2020 | 3.7% | £1,738pcm |
| June 2019 | 2.1% | £1,676pcm |
| June 2018 | -0.3% | £1,641pcm |
| June 2017 | -1.7% | £1,646pcm |
| June 2016 | 2.5% | £1,675pcm |
| June 2015 | 3.5% | £1,635pcm |
| June 2014 | 6.5% | £1,580pcm |
| June 2013 | 1.9% | £1,483pcm |
| June 2012 | 3.8% | £1,455pcm |
| June 2011 | 9.3% | £1,402pcm |
| June 2010 | 7.9% | £1,282pcm |
| June 2009 | -6.9% | £1,188pcm |
| June 2008 | 6.5% | £1,276pcm |
| June 2007 | 0% | £1,198pcm |
Sales History
The last sale was on 17th January 2025 for £450,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 56 sales since 1995.
KT3 3HQ has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2025£450,000 | 3 Bed House3, Melrose Gardens, New Malden, KT3 3HQ3, Melrose Gardens, New Malden, KT3 3HQ
- Sold Aug 2023£525,000 | 3 Bed House23, Melrose Gardens, New Malden, KT3 3HQ23, Melrose Gardens, New Malden, KT3 3HQ
- Sold Aug 2023£700,000 | 3 Bed House32, Melrose Gardens, New Malden, KT3 3HQ32, Melrose Gardens, New Malden, KT3 3HQ
- Sold Jun 2023£692,500 | 3 Bed House35, Melrose Gardens, New Malden, KT3 3HQ35, Melrose Gardens, New Malden, KT3 3HQ
- Sold Jan 2022£527,000 | 3 Bed House11, Melrose Gardens, New Malden, KT3 3HQ11, Melrose Gardens, New Malden, KT3 3HQ
Nearby Postcodes
KT3 3HQ is the 604th largest and the 287th most expensive postcode out of the 692 postcodes in the KT3 area.
- KT3 3GA, Melrose Gardens, New Malden, KT3KT3 3GA3 Addresses|58 m away
- KT3 3HL, Kingscote Road, New Malden, KT3KT3 3HL42 Addresses|66 m away
- KT3 3BY, Poplar Grove, New Malden, KT3KT3 3BY30 Addresses|88 m away
- KT3 3HH, Elm Road, New Malden, KT3KT3 3HH29 Addresses|96 m away
- KT3 3HD, Elm Road, New Malden, KT3KT3 3HD22 Addresses|100 m away
Property Types
- 25 period houses built between 1800 and 1911
- 1 house of an unknown age
- 13 other addresses of unknown type
- period house (25)
- house (1)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (0)
- F (1)
- C (8)
- G (1)
- D (9)
- No EPC (14)
Top 3 Most Expensive Sales
- Sold Aug 2023£700,000 | 3 Bed House32, Melrose Gardens, New Malden, KT3 3HQ32, Melrose Gardens, New Malden, KT3 3HQ
- Sold Jun 2023£692,500 | 3 Bed House35, Melrose Gardens, New Malden, KT3 3HQ35, Melrose Gardens, New Malden, KT3 3HQ
- Sold Jun 2019£690,000 | 4 Bed House25, Melrose Gardens, New Malden, KT3 3HQ25, Melrose Gardens, New Malden, KT3 3HQ
Schools Nearby
- Christ Church New Malden CofE Primary School200 m away
- Corpus Christi Catholic Primary School400 m away
- King's Oak Primary School700 m away
- The Holy Cross School600 m away
- Coombe Girls' School800 m away
- Coombe Boys' School1.5 km away
More reading links
Public Transport Nearby
The closest station to KT3 3HQ is New Malden station, which is 600 metres away.
- New Malden|600 m away
- Berrylands|1.2 km away
- Norbiton|1.7 km away
- Motspur Park|2.0 km away