42, Matlock Way
42, Matlock Way
Description & Estimates
42, Matlock Way, New Malden is recorded publicly as an early-century freehold house across 2,798 ft2 of internal area, sitting on a 708 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 42, Matlock Way, New Malden is £1,487,686 and its rental estimate is £4,367 per month, given the available information and assuming reasonable condition.
Matlock Way, New Malden, KT3 falls within the KT3 postal district, in the borough of Kingston upon Thames.
Our Data Sources
42, Matlock Way, New Malden has 2 entries in the Land Registry , most recently in September 2019 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 42, Matlock Way, New Malden, we estimate a market value of £1,562,071 and a rental value of £4,585 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,383,548 and £4,061 per month respectively.
Recent Market Change
Over the last year, 42, Matlock Way, New Malden has seen its estimated sale value fall by £41,970 (2.8%) and its estimated rental value move up by £60 per month (1.4%). This results in an estimated gross rental yield of 3.5%.
Plot Size
HM Land Registry records the plot of land for 42, Matlock Way, New Malden as measuring 708 m2.
That makes it the 5th largest plot in the postcode, where all 25 other houses have recorded plot data.
Energy Efficiency
42, Matlock Way, New Malden has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
Sold Prices
The most recent sale of 42, Matlock Way, New Malden completed on 2nd September 2019 at £870,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 18.4% over the period since September 2019.
- Sold Sep 2019£870,000
- Sold Nov 2018£810,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, Matlock Way, New Malden have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd May 2024, was Brookmead, High Drive, New Malden, KT3 3UG, a freehold house which sold for £1,450,000.
Read more about house prices in KT3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 51 addresses on Matlock Way, New Malden, KT3, 42, Matlock Way, New Malden comes out as the 4th largest and the 5th most expensive in our analysis of the public data.
It is also £830k more expensive than the average property across the KT3 district.
More reading links
Schools Nearby
- 300mCoombe Hill Infant School
- 300mCoombe Hill Junior School
- 800mCorpus Christi Catholic Primary School
- 300mCoombe Girls' School
- 1.6kmThe Holy Cross School
- 2.1kmTiffin School
More reading links
Public Transport Nearby
From 42, Matlock Way, New Malden, the nearest station is New Malden, 1.1 kilometres away.
- 1.1kmNew Malden
- 1.3kmNorbiton
- 1.8kmBerrylands
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
