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In this area, houses of this size normally have 3 bedrooms with a garden.
1, Matlock Way, New Malden has an estimated sale value of £746,506 and an estimated rental value of £2,520 per month, assuming reasonable condition and based on the information available.
Matlock Way, New Malden, KT3 lies in the borough of Kingston upon Thames, within the KT3 postal district.
1, Matlock Way, New Malden has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 1, Matlock Way, New Malden would be worth £783,831, with a potential rental value of £2,646 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £694,250, with a rental value of £2,344 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 1, Matlock Way, New Malden has declined by £3,191 (0.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £89 (3.5%). The property's estimated gross yield is currently 4.1%.
1, Matlock Way, New Malden occupies a 424 m2 plot as recorded by HM Land Registry.
All 26 other houses in this postcode have recorded plot sizes, and this one ranks as the 18th largest.
1, Matlock Way, New Malden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
1, Matlock Way, New Malden last changed hands on 25th July 2019, selling for £720,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 17.3% since July 2019.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 630 metres of 1, Matlock Way, New Malden across the last 2 years.
Most recently, 148, Clarence Avenue, New Malden, KT3 3DY, a freehold house, sold at £750,000 on the 22nd January 2024.
Read more about house prices in KT3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 1, Matlock Way, New Malden as the 50th largest and the 51st most expensive of the 51 addresses on Matlock Way, New Malden, KT3.
Against the KT3 postcode district average, it is £88k more expensive than the typical property.
New Malden station is the nearest stop to 1, Matlock Way, New Malden at 1.1 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Matlock Way, New Malden, 55.6% of property is privately owned outright and 33.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Matlock Way, New Malden, 26.7% of residents are recorded as possessing school level qualifications and 62.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Matlock Way, New Malden, the average age was 43 and the most common age was 52.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Matlock Way, New Malden, 0.9% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Matlock Way, New Malden, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.