Sheephouse Way - KT3 5PL
Key Postcode Insights
KT3 5PL is a residential postcode situated on Sheephouse Way, New Malden, KT3 with 32 addresses.
It ranks as the 533rd largest and 227th 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 32 properties: 32 houses.
- Ave. Sale Price
- £482,670
- 10 Year change
- up 20.9%
- Ave. Rental Price
- £2,146pcm
- 10 Year change
- up 52.3%
- Ave. £ per ft²
- £604/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
KT3 5PL is a residential postcode situated on Sheephouse Way, New Malden, KT3 with 32 addresses.
It ranks as the 533rd largest and 227th 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 32 properties: 32 houses.
- Ave. Sale Price
- £482,670
- 10 Year change
- up 20.9%
- Ave. Rental Price
- £2,146pcm
- 10 Year change
- up 52.3%
- Ave. £ per ft²
- £604/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin KT3 5PL
- 20 Sheephouse Way
2 Bed Mid-century House
- 22 Sheephouse Way
2 Bed Mid-century House
- 24 Sheephouse Way
2 Bed Mid-century House
- 26 Sheephouse Way
2 Bed Mid-century House
- 28 Sheephouse Way
2 Bed Mid-century House
Sales Market Trends
The last sale in KT3 5PL sold for £533,000 on 16th December 2025. Since then prices are up an average of 3.6%.
The current average value in the postcode is £482,670.
The KT3 5PL Sales Market has increased by 20.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £482,670 |
| June 2025 | 1.5% | £482,159 |
| June 2024 | -0.3% | £474,813 |
| June 2023 | 1% | £476,104 |
| June 2022 | 8.2% | £471,522 |
| June 2021 | 5.5% | £435,987 |
| June 2020 | 2.9% | £413,313 |
| June 2019 | -1.6% | £401,638 |
| June 2018 | -0.8% | £407,992 |
| June 2017 | 3% | £411,283 |
| June 2016 | 10.7% | £399,293 |
| June 2015 | 8.7% | £360,753 |
| June 2014 | 18.7% | £332,009 |
| June 2013 | 6.3% | £279,588 |
| June 2012 | 2.9% | £263,129 |
| June 2011 | 1% | £255,832 |
| June 2010 | 15.9% | £253,258 |
| June 2009 | -13% | £218,473 |
| June 2008 | -1.1% | £251,113 |
| June 2007 | 0% | £253,995 |
Rental Market Trends
The current average rental value in the postcode is £2,146.
The KT3 5PL Rental Market has increased by 52.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £2,146pcm |
| June 2025 | 3.3% | £2,070pcm |
| June 2024 | 4.8% | £2,004pcm |
| June 2023 | 12.8% | £1,912pcm |
| June 2022 | 12% | £1,695pcm |
| June 2021 | 4.4% | £1,512pcm |
| June 2020 | 3.5% | £1,448pcm |
| June 2019 | 1.1% | £1,400pcm |
| June 2018 | -0.8% | £1,385pcm |
| June 2017 | -0.9% | £1,396pcm |
| June 2016 | 4.2% | £1,409pcm |
| June 2015 | 4.3% | £1,352pcm |
| June 2014 | 7% | £1,297pcm |
| June 2013 | 2.9% | £1,212pcm |
| June 2012 | 4.3% | £1,177pcm |
| June 2011 | 7.7% | £1,129pcm |
| June 2010 | 6.8% | £1,048pcm |
| June 2009 | -7.1% | £981pcm |
| June 2008 | 5.6% | £1,055pcm |
| June 2007 | 0% | £999pcm |
Sales History
The last sale was on 16th December 2025 for £533,000 and since then the market in the area has increased by 3.6%. The postcode has had a total of 19 sales since 1995.
KT3 5PL has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£533,000 | 3 Bed House66, Sheephouse Way, New Malden, KT3 5PL66, Sheephouse Way, New Malden, KT3 5PL
- Sold Jan 2025£500,000 | 4 Bed House72, Sheephouse Way, New Malden, KT3 5PL72, Sheephouse Way, New Malden, KT3 5PL
- Sold Feb 2024£595,000 | 3 Bed House60, Sheephouse Way, New Malden, KT3 5PL60, Sheephouse Way, New Malden, KT3 5PL
- Sold May 2017£455,000 | 3 Bed House58, Sheephouse Way, New Malden, KT3 5PL58, Sheephouse Way, New Malden, KT3 5PL
- Sold Dec 2014£378,000 | 3 Bed House56, Sheephouse Way, New Malden, KT3 5PL56, Sheephouse Way, New Malden, KT3 5PL
Nearby Postcodes
KT3 5PL is the 533rd largest and the 227th most expensive postcode out of the 692 postcodes in the KT3 area.
- KT3 5PF, Sheephouse Way, New Malden, KT3KT3 5PF38 Addresses|73 m away
- KT3 5PJ, Sheephouse Way, New Malden, KT3KT3 5PJ12 Addresses|77 m away
- KT3 5PH, Sheephouse Way, New Malden, KT3KT3 5PH18 Addresses|123 m away
- KT3 5NB, Lawrence Avenue, New Malden, KT3KT3 5NB32 Addresses|134 m away
- KT3 5PQ, Sheephouse Way, New Malden, KT3KT3 5PQ8 Addresses|184 m away
Property Types
- 20 mid-century houses built between 1936 and 1979
- 5 early-century houses built between 1912 and 1935
- 7 other addresses of unknown type
- mid-century house (20)
- early-century house (5)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (10)
- G (0)
- D (14)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Dec 2021£675,000 | 4 Bed House53, Sheephouse Way, New Malden, KT3 5PF53, Sheephouse Way, New Malden, KT3 5PF
- Sold Mar 2025£650,000 | 4 Bed House17, Sheephouse Way, New Malden, KT3 5PF17, Sheephouse Way, New Malden, KT3 5PF
- Sold Aug 2019£640,000 | 4 Bed House51, Sheephouse Way, New Malden, KT3 5PF51, Sheephouse Way, New Malden, KT3 5PF
Schools Nearby
- Malden Manor Primary and Nursery School100 m away
- Malden Parochial CofE Primary School400 m away
- Knollmead Primary School1.2 km away
- Richard Challoner School400 m away
- The Holy Cross School1.4 km away
- Coombe Boys' School1.4 km away
More reading links
Public Transport Nearby
The closest station to KT3 5PL is Malden Manor station, which is 100 metres away.
- Malden Manor|100 m away
- Worcester Park|1.1 km away
- Tolworth|1.7 km away
- Motspur Park|1.8 km away
