Springfield Place - KT3 3LP
Key Postcode Insights
KT3 3LP is a residential postcode situated on Springfield Place, New Malden, KT3 with 50 addresses.
It ranks as the 656th largest and 11th most expensive of the 692 postcodes in the KT3 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 50 properties: 32 houses and 18 flats.
- Ave. Sale Price
- £238,626
- 10 Year change
- up 9.2%
- Ave. Rental Price
- £1,117pcm
- 10 Year change
- up 42.9%
- Ave. £ per ft²
- £434/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
KT3 3LP is a residential postcode situated on Springfield Place, New Malden, KT3 with 50 addresses.
It ranks as the 656th largest and 11th most expensive of the 692 postcodes in the KT3 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 50 properties: 32 houses and 18 flats.
- Ave. Sale Price
- £238,626
- 10 Year change
- up 9.2%
- Ave. Rental Price
- £1,117pcm
- 10 Year change
- up 42.9%
- Ave. £ per ft²
- £434/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin KT3 3LP
- Lockwood Court
Modern Building | 12 Units
- 52 Springfield Place
3 Bed Modern House
- 53 Springfield Place
Unknown
- 54 Springfield Place
3 Bed Modern House
- 55 Springfield Place
1 Bed Modern Flat
Sales Market Trends
The last sale in KT3 3LP sold for £270,000 on 5th September 2024. Since then prices are up an average of 1.8%.
The current average value in the postcode is £238,626.
The KT3 3LP Sales Market has increased by 9.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £238,626 |
| June 2025 | 0.7% | £237,151 |
| June 2024 | 0.7% | £235,572 |
| June 2023 | -0.8% | £233,968 |
| June 2022 | 5.2% | £235,817 |
| June 2021 | 3.4% | £224,086 |
| June 2020 | 2.5% | £216,775 |
| June 2019 | -2% | £211,588 |
| June 2018 | -2.3% | £215,817 |
| June 2017 | 1% | £220,838 |
| June 2016 | 9.7% | £218,597 |
| June 2015 | 7.9% | £199,267 |
| June 2014 | 20.7% | £184,743 |
| June 2013 | 7.4% | £153,002 |
| June 2012 | 3.6% | £142,442 |
| June 2011 | 0.7% | £137,511 |
| June 2010 | 12.2% | £136,533 |
| June 2009 | -13.6% | £121,647 |
| June 2008 | 0% | £140,725 |
| June 2007 | 0% | £140,719 |
Rental Market Trends
The current average rental value in the postcode is £1,117.
The KT3 3LP Rental Market has increased by 42.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £1,117pcm |
| June 2025 | 3.2% | £1,069pcm |
| June 2024 | 5.5% | £1,036pcm |
| June 2023 | 13.5% | £982pcm |
| June 2022 | 8.5% | £865pcm |
| June 2021 | 2.3% | £798pcm |
| June 2020 | 3.4% | £779pcm |
| June 2019 | 0.5% | £754pcm |
| June 2018 | -1.7% | £750pcm |
| June 2017 | -2.4% | £763pcm |
| June 2016 | 4.3% | £781pcm |
| June 2015 | 4.7% | £749pcm |
| June 2014 | 7% | £715pcm |
| June 2013 | 1.5% | £669pcm |
| June 2012 | 3.4% | £659pcm |
| June 2011 | 6.2% | £637pcm |
| June 2010 | 4.6% | £600pcm |
| June 2009 | -9.3% | £574pcm |
| June 2008 | 7.3% | £633pcm |
| June 2007 | 0% | £590pcm |
Sales History
The last sale was on 5th September 2024 for £270,000 and since then the market in the area has increased by 1.8%. The postcode has had a total of 3 sales since 1995.
KT3 3LP has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Sep 2024£270,000 | 3 Bed House65, Springfield Place, New Malden, KT3 3LP65, Springfield Place, New Malden, KT3 3LP
- Sold May 2024£168,000 | 1 Bed Flat67, Springfield Place, New Malden, KT3 3LP67, Springfield Place, New Malden, KT3 3LP
- Sold Mar 2024£166,000 | 1 Bed Flat76, Springfield Place, New Malden, KT3 3LP76, Springfield Place, New Malden, KT3 3LP
Nearby Postcodes
KT3 3LP is the 656th largest and the 11th most expensive postcode out of the 692 postcodes in the KT3 area.
- KT3 3LJ, Springfield Place, New Malden, KT3KT3 3LJ51 Addresses|54 m away
- KT3 3QX, Georgia Road, New Malden, KT3KT3 3QX83 Addresses|59 m away
- KT3 3RH, Beresford Road, New Malden, KT3KT3 3RH8 Addresses|70 m away
- KT3 3RQ, Beresford Road, New Malden, KT3KT3 3RQ65 Addresses|106 m away
- KT3 3RA, Oregon Close, New Malden, KT3KT3 3RA14 Addresses|108 m away
Property Types
- 26 modern houses built after 1980
- 18 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 5 other addresses of unknown type
- modern house (26)
- modern flat (18)
- mid-century house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 45 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (20)
- G (0)
- D (22)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Sep 2024£270,000 | 3 Bed House65, Springfield Place, New Malden, KT3 3LP65, Springfield Place, New Malden, KT3 3LP
- Sold May 2024£168,000 | 1 Bed Flat67, Springfield Place, New Malden, KT3 3LP67, Springfield Place, New Malden, KT3 3LP
- Sold Mar 2024£166,000 | 1 Bed Flat76, Springfield Place, New Malden, KT3 3LP76, Springfield Place, New Malden, KT3 3LP
Schools Nearby
- King's Oak Primary School400 m away
- Corpus Christi Catholic Primary School500 m away
- Christ Church New Malden CofE Primary School600 m away
- The Holy Cross School900 m away
- Coombe Girls' School1.2 km away
- The Hollyfield School and Sixth Form Centre1.8 km away
More reading links
Public Transport Nearby
The closest station to KT3 3LP is Berrylands station, which is 600 metres away.
- Berrylands|600 m away
- New Malden|1.3 km away
- Norbiton|1.4 km away
- Malden Manor|2.1 km away
