Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.

New Malden, KT3 current market prices

The price growth in New Malden is higher than the national average, with the 2 year growth at 0.2 times the national average. Compared to other areas, KT3 is a relatively expensive area, with an average price 98.6% higher than the national average. The average house price in New Malden, KT3 is £613,736 and the average rent is £916.

KT3 Current Averages

Market characteristic KT3 district National KT3 against national
Average price £613,736 £308,989 98.6%
Average rent £1,524 £916 66.4%
Sales per month 19 8 (51,652 Total) +137.5%


KT3 Growth trends

Growth rate KT3 district National
2yr house growth -5% -24.3%
2yr CAGR -2.5% -13%
Last 12 months house price growth -13.7% -22.8%


KT3 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £613,736 £711,016 £645,849 £690,156 View houses for sale in KT3
Flats £0 £292,273 £384,333 £354,341 View flats for sale in KT3
Detached £0 £1,107,106 £1,110,071 £1,266,905 View detached for sale in KT3
Semi-detached £0 £911,114 £765,015 £824,119 View semi-detached for sale in KT3
Terraced £0 £625,783 £609,999 £664,949 View terraced for sale in KT3
Bungalows N/A N/A N/A £800,000 View bungalows for sale in KT3

Type Historical Average Price
All properties to rent £13,988 View houses for rent in KT3
Flats for rent £1,942 View flats for rent in KT3
Detached for rent £2,903 View detached for rent in KT3
Semi-detached for rent £121,269 View semi-detached for rent in KT3
Terraced for rent £2,665 View terraced for rent in KT3
Bungalows for rent £4,250 View bungalows for rent in KT3



Current market 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.
The current average price is an average over the past 6 months to avoid inaccuracies caused by low sales numbers.
Sales per month is an average over the past 12 months.
Historical average prices are calculated using all KT3 sales since 1995. The growth trends table shows the change in average house price for the KT3 postcode district over the past 1 and 2 years as well as the averages across all postcode districts.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.
Flats include the following property types: Ground Flat, Flat, Studio, Ground Maisonette, Maisonette.
Bungalows include the following property types: Bungalow, Terraced Bungalow, Semi-Detached Bungalow, Detached Bungalow.
The 'Other' category includes all properties in categories not mentioned on this page and is included for completeness.

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.