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New Malden House Prices

The average house price in New Malden is £601,947 using HM Land Registry data.

The average property price increased by £111,299 (14.95%) over the last 5 years and increased by £22,244 (2.67%) over the last 12 months.

Over the last year, there were 429 residential property sales – a decrease of 95 transactions (-22.14%) relative to the previous year. The majority of house sales (111) were in the £506,000 - £692,000 range. Then came properties in the £692,000 - £878,000 range, where 105 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-33,580 (-3%).

In May 2025, there were 141 new estate agency instructions, 82 agreed home sales and 81 property price reductions.

5-Year Average Property Prices in New Malden

14.95%

Property prices in New Malden increased by 14.95% 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 New Malden Over the Last Year

2.67%

Property prices in New Malden increased by 2.67% 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 New Malden - May 2025

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 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 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 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 New Malden since 1995

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

Recent Property Sales in New Malden

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
30b, Sycamore Grove, New Malden, Greater London, KT3 3DQ	£475,000	£454,000	-£21,000	09 May 2024	14 Feb 2025	281 Days
126 Clarence Avenue, New Malden, Greater London, KT3 3DZ	£1,000,000	£975,000	-£25,000	10 Jul 2024	03 Feb 2025	208 Days
29 Meadow Hill, New Malden, Greater London, KT3 5RQ	£650,000	£585,000	-£65,000	20 Nov 2024	31 Jan 2025	72 Days
116 Portland Avenue, New Malden, Greater London, KT3 6BA	£675,000	£675,000	£0	26 Jul 2024	31 Jan 2025	189 Days
13 Dell Walk, New Malden, Greater London, KT3 4RF	£1,295,000	£1,250,000	-£45,000	09 Aug 2024	30 Jan 2025	174 Days
14 Columbia Avenue, Worcester Park, Greater London, KT4 7SP	£700,000	£690,000	-£10,000	18 Sep 2024	30 Jan 2025	134 Days
177 Pembury Avenue, Worcester Park, Greater London, KT4 8BY	£545,000	£527,000	-£18,000	23 Sep 2024	30 Jan 2025	129 Days
20 Tennyson Avenue, New Malden, Greater London, KT3 6LY	£800,000	£800,000	£0	01 May 2024	17 Jan 2025	261 Days
50 Penrith Road, New Malden, Greater London, KT3 3QS	£875,000	£840,000	-£35,000	05 Jul 2024	10 Jan 2025	189 Days
51 George Road, New Malden, Greater London, KT3 6BT	£585,000	£565,000	-£20,000	28 Aug 2024	10 Jan 2025	135 Days
15 Risborough Drive, Worcester Park, Greater London, KT4 8DA	£600,000	£585,000	-£15,000	03 Jun 2024	09 Jan 2025	220 Days
Flat 8, Onyx House, Percy Gardens, Worcester Park, Greater London, KT4 7SB	£235,000	£225,000	-£10,000	15 Aug 2024	08 Jan 2025	146 Days
108 Consfield Avenue, New Malden, Greater London, KT3 6HE	£900,000	£900,000	£0	22 Sep 2024	23 Dec 2024	92 Days
30 Leyfield, Worcester Park, Greater London, KT4 7LS	£750,000	£720,000	-£30,000	31 Jul 2024	20 Dec 2024	142 Days
117 Clarence Avenue, New Malden, Greater London, KT3 3TY	£850,000	£815,000	-£35,000	17 Oct 2024	18 Dec 2024	62 Days
21 Barnard Gardens, New Malden, Greater London, KT3 6QG	£370,000	£328,000	-£42,000	15 Jul 2024	18 Dec 2024	156 Days
23 Elm Walk, London, Greater London, SW20 9ED	£875,000	£840,000	-£35,000	21 Oct 2024	17 Dec 2024	57 Days
62 Amberwood Rise, New Malden, Greater London, KT3 5JG	£675,000	£650,000	-£25,000	26 Jul 2024	10 Dec 2024	137 Days
11 Queens Road, New Malden, Greater London, KT3 6BY	£635,000	£590,000	-£45,000	30 Jul 2024	06 Dec 2024	129 Days
66 Brockenhurst Avenue, Worcester Park, Greater London, KT4 7RF	£750,000	£745,000	-£5,000	17 Jun 2024	06 Dec 2024	172 Days

Most Expensive Streets in New Malden

Postcode	Street	Area	Average	No. of Sales
KT2 7JD	Coombe Park	Kingston Upon Thames	£5,476,166	6
KT2 7DU	Coombe Hill Road	Kingston Upon Thames	£4,991,666	6
KT2 7NY	The Drive	Kingston Upon Thames	£4,422,600	3
KT2 7HR	Warren Road	Kingston Upon Thames	£3,632,166	3
KT2 7DQ	Coombe End	Kingston Upon Thames	£3,498,500	5
KT2 7EE	Beverley Lane	Kingston Upon Thames	£3,348,333	6
SW15 3RF	Ullswater Close	London	£3,271,347	4
KT2 7NT	Renfrew Road	Kingston Upon Thames	£3,250,000	3
KT2 7LX	Kingston Hill	Kingston Upon Thames	£2,956,666	3
KT2 7HY	Warren Road	Kingston Upon Thames	£2,941,250	4

Least Expensive Streets in New Malden

Postcode	Street	Area	Average	No. of Sales
KT3 3PW	Cadogan Court	Kingston Road	£154,450	10
KT3 4NH	Albany Apartments	Burlington Road	£173,600	5
KT3 3PN	Kingston Road	New Malden	£179,000	9
KT2 7LE	Fairview Court	Galsworthy Road	£192,800	10
KT3 5DQ	Gooding Close	New Malden	£208,495	12
KT3 4NW	Burlington Road	New Malden	£211,071	7
KT3 4RJ	Concord House	Coombe Road	£211,666	3
KT4 7RX	Agate House	Percy Gardens	£215,000	3
KT4 7SA	Garnet House	Percy Gardens	£215,857	7
KT3 4JE	Forsyth Court	Cambridge Avenue	£216,666	3