5A, The Close
5A, The Close
Description & Estimates
5A, The Close, New Malden is recorded publicly as an early-century leasehold apartment across 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5A, The Close, New Malden is £304,459 and its rental estimate is £1,523 per month, given the available information and assuming reasonable condition.
5, The Close is a residential building on The Close, New Malden, KT3 and falls within the KT3 postal district and the borough of Kingston upon Thames.
Our Data Sources
5A, The Close, New Malden has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 5A, The Close, New Malden, we estimate a market value of £319,682 and a rental value of £1,599 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £283,147 and £1,416 per month respectively.
Recent Market Change
Over the last year, 5A, The Close, New Malden has seen its estimated sale value rise by £530 (0.2%) and its estimated rental value move up by £57 per month (3.8%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
5A, The Close, New Malden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5A, The Close, New Malden completed on 16th November 2022 at £307,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 7.1% over the period since November 2022.
- Sold Nov 2022£307,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5A, The Close, New Malden have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st November 2022, was 128, Mount Pleasant Road, New Malden, KT3 3EN, a leasehold flat which sold for £315,000.
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 14 addresses on The Close, New Malden, KT3, 5A, The Close, New Malden comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £354k less expensive than the average property across the KT3 district.
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Schools Nearby
- 400mCorpus Christi Catholic Primary School
- 500mChrist Church New Malden CofE Primary School
- 600mKing's Oak Primary School
- 400mCoombe Girls' School
- 1.3kmThe Holy Cross School
- 1.9kmTiffin School
More reading links
Public Transport Nearby
From 5A, The Close, New Malden, the nearest station is New Malden, 1.0 kilometres away.
- 1.0kmNew Malden
- 1.1kmNorbiton
- 1.3kmBerrylands
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.
