18 Lynette Avenue, London, Lambeth, Greater London, SW4 9HD

Semi-detached
6
2691 sq ft
30%
PROPERTY VALUATION
£
Price change: +£602,000
Since last sold: November 2020
VALUATION RANGE
£2.51M - £2.69M
LOW OFFER | HIGH OFFER
Confidence: High
Good
Condition
Reasonable
Condition
Poor
Condition

At a sale price of £2.6M, we expect this property to need a little bit of work.

UPDATE CONDITION

Property summary Last updated: 05/03/2024

Last updated: 05/03/2024

18 Lynette Avenue, London is a 6 bedroom semi-detached house spread over 2,691 square feet, making it one of the largest properties here - it is ranked as the 2nd most expensive property* in SW4 9HD, with a valuation of £2,602,000.

Since it last sold in November 2020 for £2,000,000, its value has increased by £602,000.

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Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £2.51M and £2.69M.

  • The property turned out to be a good investment for the previous owner - returning on average 5.3% per annum.

  • 1 semi-detached house have sold at an average price of £3,750,000 over the last 12 months (in the area coverring SW4 9).

  • Built between 1900 and 1929, the property has sold twice over the last 29 years.

  • At a sale price of £2.6M, we expect this property to be in a similar condition to the neighbouring properties.
  • Most properties in the local area tend to sell within quite a small price range when using the cost per square foot as the valuation method - this property is within the normal expected price range for this area and it is why we think it is in a reasonable condition.
  • At a valuation of £2.6M it has a cost per square foot of £966, which is comparable with the average for properties for the area. The average cost per square foot for property here is £935.
  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £2.52M. For it to sell for this amount, we would expect it to be in a similar state decoratively to the average property here and also have a similar sized plot of land.
  • We use survey data provided by RICS qualified surveyors to obtain the property's size. This is calculated in a slightly different way to how an estate agent will measure a property as it only includes habitable space.
  • To calculate the price per square foot, you divide the property's sale price by its total square footage.
Prices start at:
£617k
Average house price:
£1.57M
Most expensive:
£2.61M
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30%
This property has increased in price by 30% since it last sold 3 years ago
66%
This property is 66% more expensive than average in Lynette Avenue, SW4 9HD

Sale history

The most paid for a property in Lynette Avenue, SW4 9HD was £2,000,000 in 2022.

Date Price Change
Today's value* £2,602,000 30.1%
12 Nov 2020 £2,000,000 205.3%
16 Apr 1999 £655,000 -
18 Lynette Avenue, London, Lambeth, Greater London, SW4 9HD
18 Lynette Avenue, London, Lambeth, Greater London, SW4 9HD
18 Lynette Avenue, London, Lambeth, Greater London, SW4 9HD
18 Lynette Avenue, London, Lambeth, Greater London, SW4 9HD
18 Lynette Avenue, London, Lambeth, Greater London, SW4 9HD
18 Lynette Avenue, London, Lambeth, Greater London, SW4 9HD
18 Lynette Avenue, London, Lambeth, Greater London, SW4 9HD
18 Lynette Avenue, London, Lambeth, Greater London, SW4 9HD
18 Lynette Avenue, London, Lambeth, Greater London, SW4 9HD
18 Lynette Avenue, London, Lambeth, Greater London, SW4 9HD
18 Lynette Avenue, London is a 6 bedroom semi-detached house with 2,691 square feet of internal space built between 1900 and 1929.
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Valuation details

The most likely sale price is £2,602,000 but at the lower end we think it should fetch a minimum of £2,511,000.

On a cost per square foot basis, this property is valued at 3% more than the other houses in this postcode.

This property has increased in price by £602,000 since it last sold in 2020 - this equates to a 8.1% rise each year.

If the property has been refurbished or extended since it was last purchased, tell us about any home improvements to get a revised valuation.

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 £2,992,000.

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Investment Performance
Annual change: 5.3%

Was It A Good Investment?

The previous owner had the property for 21 years, having purchased it in April 1999 for £655,000.

During this time, the price rose by £1,345,000 (205.3%), which equates to it increasing in value by 5.3% each year.

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

How does this property compare?

  • Most likely sale price: £2,602,000.
    • Offers likely to be accepted between £2,511,000 and £2,693,000.
    • Cost per squre foot: £966 (at a valuation of £2,602,000) - the average cost per square foot for this postcode is £935.
  • 6 bedroom freehold semi-detached house.
    • 2,691 square feet.
  • Property energy rating: 34.
    • This is below average for this postcode.
    • A score of 100 is the best energy rating a property can be given.

The local market - SW4 9HD

  • The average property price for this postcode is £1,571,000.
    • Prices here range from £617,000 to £2,609,000.
    • Expect to pay £794 to £1,075 per square foot for property in SW4 9HD.
  • 9 properties have sold in SW4 9HD over the last 5 years.
  • Lynette Avenue has 3 postcodes associated with it.
    • The average price of property in Lynette Avenue is £1,262,610.
    • Property in Lynette Avenue typically sells for between £802 and £1,086 per square foot.
    • Properties in Lynette Avenue are currently valued at an average cost per square foot of £944.

The property market across SW4 9

  • The average price paid for a semi-detached house in the area SW4 9 over the past year is £3.75M.
  • Semi-detached house have been selling for £1,072 per square foot across SW4 9.
  • 1 semi-detached house have sold over the last 12 months (in the area coverring SW4 9).
What does it cost to live in this area?

Valuation accuracy

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* 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 31/01/2024 - this was released on the 28/02/2024.