Area guide

New Malden, KT3


Overview

On this page you will find in-depth information and analytics about the KT3 postcode district. This includes current and historical average prices, price trends, the distribution of property types, the prices of various streets, and other information about New Malden, KT3.

KT3 is a relatively popular area with 369 transactions recorded in the past 12 months, which is 113.3% higher than the national average of 173. This is also 3.7% higher than the year prior which had 356 transactions.

New Malden, KT3 current market prices

The price growth in New Malden is lower than the national average, with the 2 year growth at 0.4 times the national average. Compared to other areas, KT3 is a relatively expensive area, with an average price 69.3% higher than the national average. The average house price in New Malden, KT3 is £612,960 and the average rent is £916.

KT3 Current Averages

Market characteristic KT3 district National KT3 against national
Average price £612,960 £361,952 69.3%
Average rent £1,524 £916 66.4%
Sales per month 31 15 (53,921 Total) +106.7%

KT3 Growth trends

Growth rate KT3 district National
2yr house growth 3.7% 9.5%
2yr CAGR 1.8% 4.6%
Last 12 months house price growth -1.5% 3.7%

KT3 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £612,960 £622,321 £591,112 £641,583 View houses for sale in KT3
Flats £312,000 £364,737 £351,676 £336,160 View flats for sale in KT3
Detached £955,000 £1,010,227 £875,601 £1,181,667 View detached for sale in KT3
Semi-detached £883,000 £681,929 £774,233 £847,080 View semi-detached for sale in KT3
Terraced £609,929 £594,667 £524,833 £625,554 View terraced for sale in KT3
Bungalows N/A N/A N/A £563,333 View bungalows for sale in KT3

KT3 Average Rent by property type

Type Historical Average Price
All properties to rent £1,762 View houses for rent in KT3
Flats for rent £1,345 View flats for rent in KT3
Detached for rent £3,042 View detached for rent in KT3
Semi-detached for rent £2,374 View semi-detached for rent in KT3
Terraced for rent £1,996 View terraced for rent in KT3
Bungalows for rent N/A View bungalows for rent in KT3

New Malden, KT3 Housing Stock

New Malden, KT3 has a total of 15,602 properties, of which 234 are currently for sale and 261 are for rent. Excluding flats, the most common property type in KT3 is semi-detached with a total of 5,017 houses.

All properties in area

Type Quantity Percentage
Total properties in area 15,602 -
Total flats in area 3,734 23.9%
Total detached in area 1,776 11.4%
Total semi-detached in area 5,017 32.2%
Total terraced in area 4,972 31.9%
Total other in area 103 0.7%

All properties for sale

Type Quantity Percentage
Total properties for sale 234 - View houses for sale in KT3
Total flats for sale 49 20.9% View flats for sale in KT3
Detached for sale 18 7.7% View detached for sale in KT3
Semi-detached for sale 72 30.8% View semi-detached for sale in KT3
Terraced for sale 63 26.9% View terraced for sale in KT3
Bungalows for sale 3 1.3% View bungalows for sale in KT3
Other properties for sale 29 12.4%

All properties for rent

Type Quantity
Total properties to rent 261 View houses for rent in KT3
Total flats for rent 107 View flats for rent in KT3
Detached for rent 36 View detached for rent in KT3
Semi-detached for rent 33 View semi-detached for rent in KT3
Terraced for rent 40 View terraced for rent in KT3
Bungalows for rent 0 View bungalows for rent in KT3
Other properties for rent 45

Most and least expensive streets in New Malden, KT3

New Malden, KT3 has a total of 270 streets. The most expensive street in KT3 is Dickerage Lane, with an average sale price of £13,250,000. The least expensive street in KT3 is Wickham Close, with an average sale price of £65,000.



Frequently asked questions

What is the rental price in New Malden?

The current average rental price in New Malden is £1,622 per month. Mouseprice is currently listing 254 properties to rent in New Malden.

Towns near New Malden

Towns near New Malden - New malden, Worcester park, Surbiton, Kingston upon thames, Chessington, Esher, East molesey, Epsom, West molesey, Ashtead

What schools are there in New Malden?

Nearby schools in New Malden include The Holy Cross School, Westbury House School, Study School, Burlington Junior School, Burlington Infant and Nursery School

What stations are there in New Malden?

Nearby stations in New Malden include New Malden Station, Motspur Park Station, Berrylands Station, Malden Manor Station, Raynes Park Station.


Notes

The data above illustrates the relative proportions different types of property in the KT3 postcode district. It is important to note that as homes are demolished and built these percentages will fluctuate accordingly. National averages are based on the most recent data available from the HM Land Registry© datasets.
Current average price and rent are based on the last month of data available.
Historical average prices are calculated using all KT3 sales since 1995.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.

CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.