Somerset Close - KT3 5RG
Key Postcode Insights
KT3 5RG is a residential postcode situated on Somerset Close, New Malden, KT3 with 30 addresses.
It ranks as the 500th largest and 337th most expensive of the 692 postcodes in the KT3 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 30 properties: 30 houses.
- Ave. Sale Price
- £607,918
- 10 Year change
- up 19.0%
- Ave. Rental Price
- £2,624pcm
- 10 Year change
- up 55.3%
- Ave. £ per ft²
- £520/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
KT3 5RG is a residential postcode situated on Somerset Close, New Malden, KT3 with 30 addresses.
It ranks as the 500th largest and 337th most expensive of the 692 postcodes in the KT3 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 30 properties: 30 houses.
- Ave. Sale Price
- £607,918
- 10 Year change
- up 19.0%
- Ave. Rental Price
- £2,624pcm
- 10 Year change
- up 55.3%
- Ave. £ per ft²
- £520/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin KT3 5RG
- 1 Somerset Close
House
- 3 Somerset Close
House
- 5 Somerset Close
House
- 7 Somerset Close
House
- 9 Somerset Close
3 Bed Early-century House
Sales Market Trends
The last sale in KT3 5RG sold for £870,000 on 28th October 2022. Since then prices are down an average of 0.7%.
The current average value in the postcode is £607,918.
The KT3 5RG Sales Market has increased by 19.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £607,918 |
| June 2025 | 1.3% | £610,489 |
| June 2024 | -0.6% | £602,522 |
| June 2023 | 1.1% | £606,445 |
| June 2022 | 8.2% | £599,708 |
| June 2021 | 5.7% | £554,140 |
| June 2020 | 3.5% | £524,037 |
| June 2019 | -1.5% | £506,493 |
| June 2018 | -1.3% | £514,067 |
| June 2017 | 2% | £521,029 |
| June 2016 | 9.2% | £510,829 |
| June 2015 | 7.7% | £467,923 |
| June 2014 | 20.8% | £434,580 |
| June 2013 | 7.4% | £359,705 |
| June 2012 | 3.3% | £335,047 |
| June 2011 | 2.6% | £324,490 |
| June 2010 | 15.3% | £316,395 |
| June 2009 | -12.3% | £274,488 |
| June 2008 | 0.6% | £313,159 |
| June 2007 | 0% | £311,312 |
Rental Market Trends
The current average rental value in the postcode is £2,624.
The KT3 5RG Rental Market has increased by 55.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £2,624pcm |
| June 2025 | 3.5% | £2,533pcm |
| June 2024 | 4.8% | £2,448pcm |
| June 2023 | 14% | £2,336pcm |
| June 2022 | 11.9% | £2,048pcm |
| June 2021 | 4.1% | £1,830pcm |
| June 2020 | 3.9% | £1,758pcm |
| June 2019 | 2% | £1,691pcm |
| June 2018 | -0.6% | £1,658pcm |
| June 2017 | -1.3% | £1,669pcm |
| June 2016 | 3% | £1,690pcm |
| June 2015 | 4.1% | £1,641pcm |
| June 2014 | 7.2% | £1,576pcm |
| June 2013 | 2% | £1,470pcm |
| June 2012 | 3.8% | £1,441pcm |
| June 2011 | 8.6% | £1,388pcm |
| June 2010 | 7.1% | £1,278pcm |
| June 2009 | -7.3% | £1,193pcm |
| June 2008 | 6.5% | £1,287pcm |
| June 2007 | 0% | £1,209pcm |
Sales History
The last sale was on 28th October 2022 for £870,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 24 sales since 1995.
KT3 5RG has seen no sales in the last three years and no sales in the last twelve months.
- Sold Oct 2022£870,000 | 4 Bed House53, Somerset Close, New Malden, KT3 5RG53, Somerset Close, New Malden, KT3 5RG
- Sold Dec 2021£628,000 | 4 Bed House19, Somerset Close, New Malden, KT3 5RG19, Somerset Close, New Malden, KT3 5RG
- Sold Oct 2019£455,000 | 3 Bed House37, Somerset Close, New Malden, KT3 5RG37, Somerset Close, New Malden, KT3 5RG
- Sold Jan 2019£465,000 | 4 Bed House35, Somerset Close, New Malden, KT3 5RG35, Somerset Close, New Malden, KT3 5RG
- Sold Oct 2018£490,000 | 4 Bed House17, Somerset Close, New Malden, KT3 5RG17, Somerset Close, New Malden, KT3 5RG
Nearby Postcodes
KT3 5RG is the 500th largest and the 337th most expensive postcode out of the 692 postcodes in the KT3 area.
- KT3 5RF, Somerset Close, New Malden, KT3KT3 5RF27 Addresses|52 m away
- KT3 5QF, Coombefield Close, New Malden, KT3KT3 5QF8 Addresses|124 m away
- KT3 5QG, Savile Close, New Malden, KT3KT3 5QG9 Addresses|138 m away
- KT3 5JR, Knightwood Crescent, New Malden, KT3KT3 5JR25 Addresses|161 m away
- KT3 5RE, Somerset Close, New Malden, KT3KT3 5RE12 Addresses|165 m away
Property Types
- 4 modern houses built after 1980
- 1 house of an unknown age
- 8 early-century houses built between 1912 and 1935
- 17 other addresses of unknown type
- modern house (4)
- house (1)
- early-century house (8)
- Unknown (17)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (0)
- F (1)
- C (5)
- G (0)
- D (3)
- No EPC (18)
Top 3 Most Expensive Sales
- Sold Oct 2022£870,000 | 4 Bed House53, Somerset Close, New Malden, KT3 5RG53, Somerset Close, New Malden, KT3 5RG
- Sold Dec 2021£628,000 | 4 Bed House19, Somerset Close, New Malden, KT3 5RG19, Somerset Close, New Malden, KT3 5RG
- Sold Sep 2020£600,000 | 4 Bed House2D, Somerset Close, New Malden, KT3 5RF2D, Somerset Close, New Malden, KT3 5RF
Schools Nearby
- Malden Manor Primary and Nursery School800 m away
- Burlington Junior School900 m away
- Burlington Infant and Nursery School900 m away
- The Holy Cross School600 m away
- Coombe Boys' School700 m away
- Richard Challoner School1.1 km away
More reading links
Public Transport Nearby
The closest station to KT3 5RG is Malden Manor station, which is 1.0 kilometres away.
- Malden Manor|1.0 km away
- New Malden|1.2 km away
- Motspur Park|1.2 km away
- Worcester Park|1.6 km away
