Average Price for property in New Malden is around £541,067 which varies based on type of property you are interested in and ranges from £937,479 for detached house to around £597,999 for semi-detached. Similarly terraced house is around £452,772 and a flat is worth £285,579. Values have been changing and have risen £7,247 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £19,839 in last 6 months, £57,801 in last 1 year, £102,894 in last 2 years, £115,149 in last 3 years, £126,001 in last 4 years and £117,070 in last 5 years.
Currently average asking price of a property in New Malden is around £618,364 based on approximately 426 properties for sale. Same is the case with rental options based on 113 properties up for rent, average asking rent is around £2,146 per month.
Estimated property value in New Malden is £541,067. Average asking price is £618,364 while average price paid is £476,542 which is up by £57,801 and Avg. asking rent £2,146.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in New Malden area. In last 1 year alone average price buyer paid is around £476,542 based on approximately 426 sales in New Malden area alone. If you compare it to last 3 years sales of 1,377 properties where buyers paid around £429,358. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £404,599 for 2,190 and average amount paid for purchase of approx. 2,809 properties sold in last 7 years comes to about £389,070 per sale.