5, Cheltenham Close
5, Cheltenham Close
Description & Estimates
5, Cheltenham Close, New Malden is recorded publicly as a modern leasehold apartment across 344 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 5, Cheltenham Close, New Malden is £194,374 and its rental estimate is £990 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
5, Cheltenham Close, New Malden has 31 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated September 2017.
We combine this information with that 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 5, Cheltenham Close, New Malden, we estimate a market value of £204,093 and a rental value of £1,039 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £180,768 and £920 per month respectively.
Recent Market Change
Over the last year, 5, Cheltenham Close, New Malden has seen its estimated sale value rise by £2,378 (1.2%) and its estimated rental value move up by £46 per month (4.7%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
5, Cheltenham Close, New Malden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Sep 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, mains gas.
Sold Prices
The most recent sale of 5, Cheltenham Close, New Malden completed on 1st August 2024 at £230,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 39.4% over the period since August 2024.
- Sold Aug 2024£230,000
- Sold Jan 2018£220,000
- Sold Sep 2000£78,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, 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 5th July 2017, was 6, Cheltenham Close, New Malden, KT3 3EY, a leasehold flat which sold for £225,000.
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, 5, Cheltenham Close, New Malden comes out as the 28th largest and the 28th most expensive in our analysis of the public data.
It is also £464k 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 5, 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.
