2, Cheltenham Close
2, Cheltenham Close
Description & Estimates
2, Cheltenham Close, New Malden is described in the public record as a modern apartment with 365 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 2, Cheltenham Close, New Malden is £199,758 and its rental estimate is £1,017 per month, given the available information and assuming reasonable condition.
Cheltenham Close, New Malden, KT3 falls within the KT3 postal district, in the borough of Kingston upon Thames.
Our Data Sources
2, Cheltenham Close, New Malden has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Cheltenham Close, New Malden, we estimate a market value of £209,746 and a rental value of £1,068 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £185,775 and £946 per month respectively.
Recent Market Change
Over the last year, 2, Cheltenham Close, New Malden has seen its estimated sale value increase by £2,444 (1.2%) and its estimated rental value grow by £47 per month (4.7%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
2, Cheltenham Close, New Malden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 2, Cheltenham Close, New Malden completed on 7th January 2000 at £60,750 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Jan 2000£60,750
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Cheltenham Close, New Malden have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st August 2024, was 5, Cheltenham Close, New Malden, KT3 3EY, a leasehold flat which sold for £230,000.
Read more about house prices in KT3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 32 addresses on Cheltenham Close, New Malden, KT3, 2, Cheltenham Close, New Malden comes out as the 21st largest and the 22nd most expensive in our analysis of the public data.
It is also £458k less expensive than the average property across the KT3 district.
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Schools Nearby
- 200mCorpus Christi Catholic Primary School
- 300mKing's Oak Primary School
- 300mChrist Church New Malden CofE Primary School
- 800mCoombe Girls' School
- 900mThe Holy Cross School
- 1.9kmCoombe Boys' School
More reading links
Public Transport Nearby
From 2, Cheltenham Close, New Malden, the nearest station is Berrylands, 900 metres away.
- 900mBerrylands
- 1.0kmNew Malden
- 1.3kmNorbiton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
