KT3 5LG is a residential postcode situated on South Lane, New Malden, KT3 with 12 addresses.
It ranks as the 174th largest and 64th most expensive of the 692 postcodes in the KT3 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
KT3 5LG is a residential postcode situated on South Lane, New Malden, KT3 with 12 addresses.
It ranks as the 174th largest and 64th most expensive of the 692 postcodes in the KT3 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
Sale prices range from £278,517 for 2 bedroom leasehold flats (581 ft2) to £373,005 for 3 bedroom leasehold flats (968 ft2) .
Monthly rental prices range from £1,395 pcm for 2 bed flats to £1,842 pcm for 3 bed flats.
The gross rental yield is between 5.9% and 6.0%.
The average value per square foot is £426.
The last sale in KT3 5LG sold for £292,000 on 18th August 2025. Since then prices are up an average of 40.7%.
The current average value in the postcode is £328,499.
The KT3 5LG Sales Market has increased by 4.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.1% | £328,499 |
| April 2025 | 0.3% | £325,047 |
| April 2024 | 0.5% | £324,194 |
| April 2023 | 0.4% | £322,589 |
| April 2022 | 3.9% | £321,248 |
| April 2021 | 0.5% | £309,106 |
| April 2020 | 1.6% | £307,557 |
| April 2019 | -3.2% | £302,854 |
| April 2018 | -2.3% | £312,770 |
| April 2017 | 1.5% | £320,021 |
| April 2016 | 13.2% | £315,219 |
| April 2015 | 11.3% | £278,414 |
| April 2014 | 14.8% | £250,046 |
| April 2013 | 5.8% | £217,832 |
| April 2012 | 0.9% | £205,828 |
| April 2011 | 1% | £203,983 |
| April 2010 | 8.2% | £202,026 |
| April 2009 | -17.2% | £186,751 |
| April 2008 | 5.4% | £225,660 |
| April 2007 | 0% | £214,154 |
The current average rental value in the postcode is £1,629.
The KT3 5LG Rental Market has increased by 28.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £1,629pcm |
| April 2025 | 2.1% | £1,568pcm |
| April 2024 | 6.8% | £1,535pcm |
| April 2023 | 10.7% | £1,438pcm |
| April 2022 | 7.1% | £1,298pcm |
| April 2021 | -1.1% | £1,213pcm |
| April 2020 | 3.3% | £1,226pcm |
| April 2019 | -1.1% | £1,187pcm |
| April 2018 | -3.5% | £1,199pcm |
| April 2017 | -2.3% | £1,243pcm |
| April 2016 | 6% | £1,272pcm |
| April 2015 | 5.5% | £1,200pcm |
| April 2014 | 5.5% | £1,137pcm |
| April 2013 | 3.1% | £1,078pcm |
| April 2012 | 2.3% | £1,045pcm |
| April 2011 | 8.1% | £1,022pcm |
| April 2010 | -2.3% | £945pcm |
| April 2009 | -7.6% | £967pcm |
| April 2008 | 8.1% | £1,047pcm |
| April 2007 | 0% | £968pcm |
The last sale was on 18th August 2025 for £292,000 and since then the market in the area has increased by 40.7%. The postcode has had a total of 10 sales since 1995.
KT3 5LG has seen 1 sale in the last three years and 1 sale in the last twelve months.
KT3 5LG is the 174th largest and the 64th most expensive postcode out of the 692 postcodes in the KT3 area.
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The closest station to KT3 5LG is Malden Manor station which is 400 metres away.
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