South Lane - KT3 5LQ
Key Postcode Insights
KT3 5LQ is a residential postcode situated on South Lane, New Malden, KT3 with 14 addresses.
It ranks as the 216th largest and 62nd most expensive of the 692 postcodes in the KT3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 12 houses and 2 other properties.
- Ave. Sale Price
- £320,598
- 10 Year change
- up 22.0%
- Ave. Rental Price
- £1,445pcm
- 10 Year change
- up 53.7%
- Ave. £ per ft²
- £717/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
KT3 5LQ is a residential postcode situated on South Lane, New Malden, KT3 with 14 addresses.
It ranks as the 216th largest and 62nd most expensive of the 692 postcodes in the KT3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 12 houses and 2 other properties.
- Ave. Sale Price
- £320,598
- 10 Year change
- up 22.0%
- Ave. Rental Price
- £1,445pcm
- 10 Year change
- up 53.7%
- Ave. £ per ft²
- £717/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Properties in KT3 5LQ
- 353 South Lane
2 Bed Mid-century House
- 355 South Lane
2 Bed Mid-century House
- 357 South Lane
2 Bed Mid-century House
- 359 South Lane
2 Bed Mid-century House
- 361 South Lane
2 Bed Mid-century House
Sales Market Trends
The last sale in KT3 5LQ sold for £160,000 on 19th March 2004. Since then prices are down an average of 0.0%.
The current average value in the postcode is £320,598.
The KT3 5LQ Sales Market has increased by 22.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £320,598 |
| June 2025 | 1.8% | £318,623 |
| June 2024 | -0.1% | £313,012 |
| June 2023 | 0.9% | £313,273 |
| June 2022 | 7.8% | £310,596 |
| June 2021 | 5.4% | £288,118 |
| June 2020 | 3% | £273,237 |
| June 2019 | -1.5% | £265,196 |
| June 2018 | -1.1% | £269,210 |
| June 2017 | 3.6% | £272,226 |
| June 2016 | 11.2% | £262,837 |
| June 2015 | 9.2% | £236,380 |
| June 2014 | 19.8% | £216,431 |
| June 2013 | 6.2% | £180,596 |
| June 2012 | 2.7% | £169,988 |
| June 2011 | 0.2% | £165,554 |
| June 2010 | 15% | £165,180 |
| June 2009 | -13.8% | £143,693 |
| June 2008 | -1.1% | £166,666 |
| June 2007 | 0% | £168,559 |
Rental Market Trends
The current average rental value in the postcode is £1,445.
The KT3 5LQ Rental Market has increased by 53.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £1,445pcm |
| June 2025 | 3.5% | £1,386pcm |
| June 2024 | 5% | £1,339pcm |
| June 2023 | 12.7% | £1,275pcm |
| June 2022 | 11.7% | £1,131pcm |
| June 2021 | 4.4% | £1,013pcm |
| June 2020 | 3.6% | £970pcm |
| June 2019 | 1.1% | £937pcm |
| June 2018 | -1.1% | £926pcm |
| June 2017 | -0.4% | £937pcm |
| June 2016 | 4.7% | £940pcm |
| June 2015 | 4.8% | £898pcm |
| June 2014 | 8% | £857pcm |
| June 2013 | 2.9% | £793pcm |
| June 2012 | 4.1% | £771pcm |
| June 2011 | 6.9% | £740pcm |
| June 2010 | 5.9% | £693pcm |
| June 2009 | -7.9% | £654pcm |
| June 2008 | 5.7% | £710pcm |
| June 2007 | 0% | £672pcm |
Sales History
The last recorded sale was on 19th March 2004 for £160,000 and since then the market in the area has remained stable.
KT3 5LQ has had 1 sale since 1995, none of them in the last three years.
- Sold Mar 2004£160,000 | 2 Bed House369, South Lane, New Malden, KT3 5LQ369, South Lane, New Malden, KT3 5LQ
Nearby Postcodes
KT3 5LQ is the 216th largest and the 62nd most expensive postcode out of the 692 postcodes in the KT3 area.
- KT3 5LJ, South Lane, New Malden, KT3KT3 5LJ16 Addresses|19 m away
- KT3 5PG, Newhouse Close, New Malden, KT3KT3 5PG16 Addresses|48 m away
- KT3 5LH, South Lane, New Malden, KT3KT3 5LH16 Addresses|48 m away
- KT3 5PQ, Sheephouse Way, New Malden, KT3KT3 5PQ8 Addresses|79 m away
- KT3 5LG, South Lane, New Malden, KT3KT3 5LG12 Addresses|88 m away
Property Types
- 12 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (12)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (8)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Aug 2018£1,820,000 | 4 Bed House15, South Lane, New Malden, KT3 5HU15, South Lane, New Malden, KT3 5HU
- Sold Jun 2021£1,220,000 | 5 Bed House303, South Lane, New Malden, KT3 5RR303, South Lane, New Malden, KT3 5RR
- Sold Aug 2025£1,190,000 | 5 Bed House88, South Lane, New Malden, KT3 5ER88, South Lane, New Malden, KT3 5ER
Schools Nearby
- Malden Manor Primary and Nursery School300 m away
- Malden Parochial CofE Primary School500 m away
- Green Lane Primary and Nursery School1.4 km away
- Richard Challoner School700 m away
- Coombe Boys' School1.2 km away
- The Holy Cross School1.3 km away
More reading links
Public Transport Nearby
The closest station to KT3 5LQ is Malden Manor station, which is 400 metres away.
- Malden Manor|400 m away
- Worcester Park|900 m away
- Motspur Park|1.5 km away
- New Malden|2.0 km away