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House Prices in KT3

The average house price in KT3 (New Malden) is £660,700 using HM Land Registry data.

The average property price increased by £49,912 (9.44%) over the last 5 years and increased by £9,978 (1.75%) over the last 12 months.

Over the last year, there were 307 residential property sales – a decrease of 117 transactions (-38.11%) relative to the previous year. The majority of house sales (71) were in the £644,000 - £796,000 range. Then came properties in the £492,000 - £644,000 range, where 68 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,936 (-3%).

In Aug 2026, there were 65 new estate agency instructions, 42 agreed home sales and 64 property price reductions.

5-Year Average Property Prices in KT3 (New Malden)

9.44%

Property prices in KT3 (New Malden) increased by 9.44% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in KT3 (New Malden) Over the Last Year

1.75%

Property prices in KT3 (New Malden) increased by 1.75% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for KT3 (New Malden) - Aug 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in KT3 (New Malden)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in KT3 (New Malden)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in KT3 (New Malden)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the KT3 (New Malden) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the KT3 postcode area since 1995.

Recent Sales in KT3 (New Malden)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
48 Elm Road, New Malden, KT3 3HD	£759,500	£755,000	-£4,500	17 Mar 2026	30 Jul 2026	135 Days
30a, Sycamore Grove, New Malden, KT3 3DQ	£465,000	£450,000	-£15,000	12 Nov 2025	27 Jul 2026	257 Days
19 Hawkhurst Way, New Malden, KT3 5BS	£695,000	£674,000	-£21,000	02 Mar 2026	27 Jul 2026	147 Days
82 Chestnut Grove, New Malden, KT3 3JS	£975,000	£950,000	-£25,000	28 Jan 2026	14 Jul 2026	167 Days
82 Cambridge Road, New Malden, KT3 3QP	£845,000	£838,000	-£7,000	13 Jan 2026	13 Jul 2026	181 Days
Flat 1, 24, Montem Road, New Malden, KT3 3QW	£435,000	£415,000	-£20,000	13 Feb 2026	13 Jul 2026	150 Days
87 Elm Road, New Malden, KT3 3HN	£825,000	£805,000	-£20,000	05 Feb 2026	06 Jul 2026	151 Days
85 Bargate Close, New Malden, KT3 6BG	£775,000	£762,000	-£13,000	02 Dec 2025	03 Jul 2026	213 Days
10 Sussex Road, New Malden, KT3 3PY	£1,250,000	£1,232,500	-£17,500	08 Jun 2026	30 Jun 2026	22 Days
7 Byfield Court, Malden Way, New Malden, KT3 6HA	£325,000	£325,000	£0	26 Dec 2025	29 Jun 2026	185 Days
86 Queens Road, New Malden, KT3 6BX	£580,000	£557,000	-£23,000	26 Dec 2025	29 Jun 2026	185 Days
26 Charter Court, Linden Grove, New Malden, KT3 3BL	£370,000	£356,000	-£14,000	02 Dec 2025	29 Jun 2026	209 Days
24 Blagdon Road, New Malden, KT3 4AE	£785,000	£767,900	-£17,100	16 Apr 2026	26 Jun 2026	71 Days
49 Beverley Road, New Malden, KT3 4AW	£995,000	£990,000	-£5,000	03 Jun 2026	26 Jun 2026	23 Days
13 St James Close, New Malden, KT3 6DU	£650,000	£650,000	£0	12 Mar 2026	19 Jun 2026	99 Days
22 Van Dyck Avenue, New Malden, KT3 5NQ	£875,000	£860,000	-£15,000	12 Mar 2026	18 Jun 2026	98 Days
24 Bargate Close, New Malden, KT3 6BQ	£725,000	£710,000	-£15,000	22 Jan 2026	05 Jun 2026	134 Days
30 Kingscote Road, New Malden, KT3 3HL	£575,000	£575,000	£0	28 Aug 2025	05 Jun 2026	281 Days
5 Marina Avenue, New Malden, KT3 6NE	£750,000	£720,000	-£30,000	31 Jul 2025	04 Jun 2026	308 Days
4 Beverley Road, New Malden, KT3 4AW	£630,000	£630,000	£0	19 Mar 2026	01 Jun 2026	74 Days

Most Expensive Streets in KT3 (New Malden)

Postcode	Street	Area	Average	No. of Sales
KT3 4SN	Neville Avenue	New Malden	£2,560,000	3
KT3 4SB	The Moat	New Malden	£2,050,000	4
KT3 3AL	Langley Grove	New Malden	£1,776,666	3
KT3 4SW	Burghley Avenue	New Malden	£1,763,000	6
KT3 4LE	Cambridge Avenue	New Malden	£1,677,500	4
KT3 3UN	Woodlands Avenue	New Malden	£1,542,275	4
KT3 4SL	Coombe House Chase	New Malden	£1,530,000	3
KT3 3UQ	Woodlands Avenue	New Malden	£1,523,333	3
KT3 3UG	High Drive	New Malden	£1,491,666	3
KT3 4LD	Cambridge Avenue	New Malden	£1,417,500	4

Least Expensive Streets in KT3 (New Malden)

Postcode	Street	Area	Average	No. of Sales
KT3 3PW	Cadogan Court, Kingston Road	New Malden	£151,400	10
KT3 3PN	Kingston Road	New Malden	£175,545	11
KT3 4NH	Albany Apartments, Burlington Road	New Malden	£183,625	4
KT3 4RJ	Concord House, Coombe Road	New Malden	£206,666	3
KT3 4NW	Burlington Road	New Malden	£212,500	6
KT3 5DQ	Gooding Close	New Malden	£246,000	8
KT3 3RG	Sherfield Close	New Malden	£248,750	4
KT3 5LH	New House, New House Close	New Malden	£270,962	3
KT3 4BF	Venner House, Burlington Road	New Malden	£285,875	4
KT3 3EY	Cheltenham Close	New Malden	£295,000	3