5B, The Close
5B, The Close
Description & Estimates
According to the public record, 5B, The Close, New Malden is an early-century leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5B, The Close, New Malden is £348,330 and the estimated rental value is £1,709 per month.
The apartment is within 5, The Close, New Malden, KT3.
The Close, New Malden, KT3 is located in the borough of Kingston upon Thames within the KT3 postal district.
Our Data Sources
5B, The Close, New Malden has 31 entries in the Land Registry , most recently in August 2010 and a single entry in the EPC database dated May 2022.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5B, The Close, New Malden is in very good condition we estimate a sale value of £365,746 and a rental value of £1,795 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,947 and a rental value of £1,590 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5B, The Close, New Malden has moved up by £1,173 (0.3%), while its estimated rental value has increased by £69 per month (4.1%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Energy Efficiency
5B, The Close, New Malden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5B, The Close, New Malden was last sold on 2nd August 2010 for £245,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2010, the market for similar properties has risen by 53.5%.
- Sold Aug 2010£245,000
- Sold Feb 2005£203,000
- Sold Sep 2004£207,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5B, The Close, New Malden within a radius of 550 metres over the last 2 years.
The most recent example is 8 Stoneleigh Court 91, Chestnut Grove, New Malden, KT3 3JS, a leasehold flat which sold for £380,000 on the 28th April 2023.
Read more about house prices in KT3.
- Sold Apr 2023£380,000 | 2 Bed FlatChestnut Grove8 Stoneleigh Court 91, Chestnut Grove, New Malden, KT3 3JS
- Sold Nov 2022£315,000 | 2 Bed FlatMount Pleasant Road128, Mount Pleasant Road, New Malden, KT3 3EN
- Sold Nov 2016£350,000 | 2 Bed FlatMount Pleasant Road122, Mount Pleasant Road, New Malden, KT3 3EN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
The Close, New Malden, KT3 has a total of 14 addresses. According to our analysis of all the public data, 5B, The Close, New Malden is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £310k less expensive than the average property in KT3.
More reading links
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
The closest station to 5B, The Close, New Malden is New Malden station, which is 1.0 kilometres away.
- 1.0kmNew Malden
- 1.1kmNorbiton
- 1.3kmBerrylands
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
