Malden Way, New Malden, KT3
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Malden Way, New Malden, KT3

By Foxtons

£ 550,000

Reviews

3 out of 5 stars

Foxtons says ..

Spacious 3/4 bedroom split level apartment boasting modern interiors throughout, a good size reception room, main bedroom with en-suite shower room plus a private garden.

Property Oracle says ..

The property is located in New Malden, a suburban area in the Royal Borough of Kingston upon Thames. The area benefits from good transport links, with several South Western Railway stations within a reasonable distance, providing convenient access to London Waterloo and other destinations. The proximity to several well-regarded schools, such as Coombe Boys’ School and Burlington Infant and Nursery School, adds to its family-friendly appeal. While the provided data does not offer specific details on local shops and amenities, New Malden high street is known for its diverse range of businesses. The location is therefore considered desirable, particularly for families.

Based on the photographs, the property appears to have undergone a recent refurbishment or renovation. The rooms are presented in a clean, modern style with new flooring, tiling, and fixtures. There is no visible evidence of significant damage or disrepair. The overall condition of the property is therefore assessed as excellent.

The property includes a small, enclosed rear garden, which, while not extensive, provides some outdoor space. The plot size is limited, which is typical for properties in this area. The presence of a garden adds to the property’s appeal.

The list price of £550,000 is slightly above the average price for the area (£414,448). However, considering the property’s size (1,043 sq ft), modern condition, and desirable location, the price appears reasonable. The average price per square foot in the area is £332, while the price per square foot for this property is approximately £527. This higher price per square foot is justified by the property’s recent renovation and the generally higher prices observed in nearby streets such as Cromwell Avenue, The Grange, and Welbeck Close. The lack of comparable properties with similar specifications makes a precise price comparison challenging, but the asking price seems within the range of market values for similar properties in the immediate vicinity.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
10
Location
9
Land
4
Bedrooms
4
Bathrooms
2
Sqft (est)
1,043.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
425,000.00 £
Decreased by 8.87 %
from 466,353.00 £
Est sale value
378,609.00 £
Decreased by 7.16 %
from 407,813.00 £
Average area rental value
2,435.00 £/mo
Increased by 27.89 %
from 1,904.00 £/mo
Est letting value
2,086.00 £/mo
Increased by 100.00 %
from 1,043.00 £/mo
Est rental Yield
6.88 %
Increased by 40.41 %
from 4.90 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Foxtons created the listing.

Nearby Schools

NameTypeOfstedDistance
Coombe Boys' SchoolAcademy ConverterGood0.38 KM
New Malden Children'S CentreChildren's Centre0.50 KM
Burlington Infant And Nursery SchoolCommunity SchoolOutstanding0.50 KM
Burlington Junior SchoolCommunity SchoolGood0.50 KM
Tennis Avenue SchoolOther Independent School0.94 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Cromwell Avenue £ 772,14300.00 KM
Cavendish Road £ 000.00 KM
The Grange £ 775,00000.00 KM
Walton Avenue £ 000.00 KM
Welbeck Close £ 925,00000.00 KM

Nearby Transport

NameNLCTLCDistance
New Malden5567NEM1.11 KM
Motspur Park5645MOT1.21 KM
Malden Manor5599MAL1.71 KM
Worcester Park5579WCP1.71 KM
Raynes Park5569RAY2.70 KM

Nearby Listings

AddressPriceTypeScoreDistance
Malden Way, New Malden, KT3 £ 500,000BUY7 / 100.00 KM
Woodfield Gardens, New Malden, Surrey, KT3 £ 585,000BUY6 / 100.09 KM
Woodfield Gardens, New Malden, Surrey, KT3 £ 565,000BUY6 / 100.09 KM
Malden Way, New Malden, KT3 £ 580,000BUY6 / 100.12 KM
Woodfield Gardens, New Malden, KT3 £ 630,000BUYUnknown0.13 KM

Nearby Properties

AddressPriceDistance
61 Malden Way £ 212,5000.02 KM
69 Malden Way £ 230,0000.02 KM
76 Malden Way £ 389,0000.07 KM
88 Malden Way £ 525,0000.07 KM
2 Woodfield Gardens £ 550,0000.09 KM