1 Thetis Terrace, Richmond, Richmond Upon Thames, Greater London, TW9 3AU

Terraced
1044 sq ft
174.5%
PROPERTY VALUATION
£
Last sold: September 2001
VALUATION RANGE
£1.44M - £1.55M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£951,000
Percentage change: +174.5%

This valuation does not take into account any home improvements or extensions made to the property.

UPDATE VALUATION

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

1 Thetis Terrace, Richmond is a terraced house spread over 1,044 square feet, making it one of the bigger properties here - it is ranked as the most expensive property* in TW9 3AU, with a valuation of £1,496,000.

Since it last sold in September 2001 for £545,000, its value has increased by £951,000.

At a sale price of £1.5M, we expect this property to be in very good condition (or is significantly more desirable for some other reason) based on its price per square foot.

12 terraced houses have sold at an average price of £1,388,000 in TW9 3 over the last 12 months.

Get an updated valuation by simply telling us about any renovations made.

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174%
This property has increased in price by 174% since it last sold 22 years ago
30%
This property is 30% more expensive than average in Thetis Terrace, TW9 3AU

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £1.44M and £1.55M.

  • The property turned out to be a amazing investment for the previous owner - returning on average 24.8% per annum.

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Sale history

The most paid for a property in Thetis Terrace, TW9 3AU was £980,000 in 2020.

Date Price Change
Today's value* £1,496,000 £951k 174.5%
07 Sep 2001 £545,000 £355k 186.8%
06 Dec 1996 £190,000 -
  • At a sale price of £1.5M, we expect this property to be in a substantially better condition than the neighbouring properties in the road.
  • This property has a higher cost per square foot than other properties in the road, which is why we think it is more likely to be in good condition.

    This can be caused by it having recently been refurbished to a high standard although it could also be because the property has more appealing architecture, a bigger garden, more parking spaces or a garage etc.

  • At a valuation of £1.5M this property has a cost per square foot of £1,432 - this is substantially more than the average for the area (which is currently £1,228).

If we valued this property using the average cost per square foot (CPSF):

  • Using the average CPSF for properties just in the postcode - it would be worth £1.28M.

The local market - Thetis Terrace, TW9 3AU

  • The average property value here is £1,155,000.
    • Valuations range from £881,000 to £1,496,000.
  • Only one property has sold in TW9 3AU over the last 5 years.
1 Thetis Terrace, Richmond is a terraced house with 1,044 square feet of internal space.
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OFFERS EXPECTED TO BE IN THE REGION OF:
£1.44M - £1.55M

Most likely sale price: £1.5M

How does this property compare to others in Thetis Terrace, TW9 3AU?
30% MORE | 11% BIGGER

Adding a new kitchen could add £112k to the sale price.

Valuation details

The most likely sale price is £1,496,000 but at the lower end we think it should fetch a minimum of £1,444,000.

This property has increased in price by £951,000 since it last sold in 2001 - this equates to a 4.6% rise each year.

On a cost per square foot basis, this property is valued at 17% more than the other houses in this postcode.

Essential info

  • Freehold terraced house
  • 1,044 square feet
  • 11% bigger than the average property in this postcode
  • 30% more expensive than the average here

This property is currently valued at £1,432 per square foot - the average cost per square foot for this postcode is £1228.

A higher cost per square foot can indicate that the property is in a better condition than the other properties or that it has a bigger garden (for more information see our valuation review) of this property.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £1,879,000.

Investment Performance
Annual change: 24.8%

The previous owner had the property for 4 years, having purchased it in December 1996 for £190,000.

During this time, the price rose by £355,000 (186.8%), which equates to it increasing in value by 24.8% each year.

The property turned out to be a amazing investment for the previous owner.

PropertyValuation
2 Thetis Terrace, Richmond, Richmond Upon Thames, Greater London, TW9 3AU 2 Thetis Terrace, Richmond
2 bed | 850 sq. ft.
£881,000
3 Thetis Terrace, Richmond, Richmond Upon Thames, Greater London, TW9 3AU 3 Thetis Terrace, Richmond
2 bed | 818 sq. ft.
£1,057,000
4 Thetis Terrace, Richmond, Richmond Upon Thames, Greater London, TW9 3AU 4 Thetis Terrace, Richmond
2 bed | 836 sq. ft.
£1,126,000
5 Thetis Terrace, Richmond
1173 sq.ft.
£1,216,000
1 Thetis Terrace, Richmond
1044 sq.ft.
£1,496,000

Energy rating - how does this property compare?

  • Property energy rating: 53 (max. score 100).
    • This is below average for this postcode.

The property market across TW9 3

  • The average price paid for a terraced house in the area TW9 3 over the past year is £1.39M.
  • Terraced houses have been selling for £1,001 per square foot across TW9 3.
  • 12 terraced houses have sold over the last 12 months (in the area coverring TW9 3).
What does it cost to live in this area?
Recent sales in the surrounding roads
Searching for recent sales near here

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings

* Excluding properties that we've been unable to calculate a valuation for. ** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 29/02/2024 - this was released on the 28/03/2024.