58A, New Close
58A, New Close
Description & Estimates
58A, New Close is recorded publicly as a modern leasehold apartment across 947 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 58A, New Close is £445,386 and its rental estimate is £2,012 per month, given the available information and assuming reasonable condition.
58, New Close is a residential building on New Close, London, SW19 and falls within the SW19 postal district and the London Borough of Merton.
Our Data Sources
58A, New Close has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated October 2021.
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.
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 58A, New Close, we estimate a market value of £467,655 and a rental value of £2,112 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £414,209 and £1,871 per month respectively.
Recent Market Change
Over the last year, 58A, New Close has seen its estimated sale value decline by £11,128 (2.5%) and its estimated rental value climb by £96 per month (4.8%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
58A, New Close has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Oct 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 58A, New Close completed on 1st July 2022 at £460,000 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 28.1% over the period since July 2022.
- Sold Jul 2022£460,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 58A, New Close have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th May 2024, was Flat 3, 3, Dreadnought Close, London, SW19 2TA, a leasehold flat which sold for £380,000.
Read more about house prices in SW19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 123 addresses on New Close, London, SW19, 58A, New Close comes out as the 15th largest and the 24th most expensive in our analysis of the public data.
It is also £378k less expensive than the average property across the SW19 district.
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Schools Nearby
- 300mHaslemere Primary School
- 600mBenedict Academy
- 700mPark Academy
- 900mHarris Academy Wimbledon
- 1.6kmHarris Academy Morden
- 1.7kmRutlish School
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Public Transport Nearby
From 58A, New Close, the nearest station is Morden, 900 metres away.
- 900mMorden
- 1.2kmSouth Wimbledon
- 1.4kmColliers Wood
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.
