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House Prices in KT3

The average house price in KT3 (New Malden) is £519,714 using HM Land Registry data.

The average property price increased by £51,010 (9.44%) over the last 5 years and increased by £10,198 (1.75%) over the last 12 months.

Over the last year, there were 277 residential property sales – a decrease of 174 transactions (-62.82%) relative to the previous year. The majority of house sales (64) were in the £638,000 - £792,000 range. Then came properties in the £484,000 - £638,000 range, where 55 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 110 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,035 (-3%).

In Jun 2026, there were 102 new estate agency instructions, 43 agreed home sales and 83 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) - Jun 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
22 Claremont Avenue, New Malden, KT3 6QL	£425,000	£419,000	-£6,000	04 Oct 2025	20 Apr 2026	198 Days
4 42 Waitelands House, South Lane, New Malden, KT3 5HY	£375,000	£358,500	-£16,500	04 Aug 2025	10 Apr 2026	249 Days
26 Bargate Close, New Malden, KT3 6BQ	£650,000	£608,000	-£42,000	12 Aug 2025	10 Apr 2026	241 Days
32 Albemarle Gardens, New Malden, KT3 5BD	£850,000	£808,500	-£41,500	14 Sep 2025	10 Apr 2026	208 Days
11 Dunbar Road, New Malden, KT3 3RF	£665,000	£651,000	-£14,000	25 Apr 2025	02 Apr 2026	342 Days
Flat 84, 1 New Malden House, Blagdon Road, New Malden, KT3 4DZ	£535,000	£520,000	-£15,000	23 Sep 2025	27 Mar 2026	185 Days
10 Marina Avenue, New Malden, KT3 6NQ	£935,000	£900,000	-£35,000	09 Sep 2025	23 Mar 2026	195 Days
4 Rosemont Road, New Malden, KT3 3EP	£640,000	£618,000	-£22,000	31 Jul 2025	20 Mar 2026	232 Days
2 Haddon Close, New Malden, KT3 6DP	£650,000	£628,000	-£22,000	17 Mar 2025	13 Mar 2026	361 Days
Flat 24, 271 Windermere House, Kingston Road, New Malden, KT3 3FR	£400,000	£388,000	-£12,000	15 Sep 2025	12 Mar 2026	178 Days
4 Grayham Crescent, New Malden, KT3 5HP	£700,000	£700,000	£0	06 Jun 2025	09 Mar 2026	276 Days
Flat 72, 1 New Malden House, Blagdon Road, New Malden, KT3 4DZ	£385,000	£365,000	-£20,000	09 Sep 2025	06 Mar 2026	178 Days
37 Bazalgette Gardens, New Malden, KT3 5HF	£695,000	£685,000	-£10,000	06 Nov 2025	04 Mar 2026	118 Days
85 Amberwood Rise, New Malden, KT3 5JJ	£635,000	£625,000	-£10,000	06 Aug 2025	02 Mar 2026	208 Days
119 Byron Avenue, New Malden, KT3 6EZ	£675,000	£675,000	£0	08 Sep 2025	20 Feb 2026	165 Days
8 Bramshaw Rise, New Malden, KT3 5JU	£685,000	£660,000	-£25,000	13 Jun 2025	18 Feb 2026	250 Days
15 Marshall House, Rodney Road, New Malden, KT3 5AD	£295,000	£290,000	-£5,000	02 Sep 2025	17 Feb 2026	168 Days
45 Franks Avenue, New Malden, KT3 5DD	£625,000	£590,000	-£35,000	08 Dec 2025	13 Feb 2026	67 Days
17 Marina Avenue, New Malden, KT3 6NE	£930,000	£930,000	£0	27 Aug 2025	12 Feb 2026	169 Days
240 West Barnes Lane, New Malden, KT3 6LT	£860,000	£850,000	-£10,000	14 Jul 2025	12 Feb 2026	213 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	£2,105,000	3
KT3 3AL	Langley Grove	New Malden	£1,776,666	3
KT3 4SW	Burghley Avenue	New Malden	£1,763,000	6
KT3 3AH	Woodside Road	New Malden	£1,718,333	3
KT3 4LE	Cambridge Avenue	New Malden	£1,677,500	4
KT3 3AJ	Carlton Road	New Malden	£1,613,896	3
KT3 3UN	Woodlands Avenue	New Malden	£1,542,275	4
KT3 3UQ	Woodlands Avenue	New Malden	£1,523,333	3
KT3 3UG	High Drive	New Malden	£1,491,666	3

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	£211,071	7
KT3 3RG	Sherfield Close	New Malden	£244,100	5
KT3 5DQ	Gooding Close	New Malden	£246,000	8
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