2 Willow Cottages, Richmond, Richmond Upon Thames, Greater London, TW9 3AT

Terraced
915 sq ft
122.4%
PROPERTY VALUATION
£
Last sold: October 2004
VALUATION RANGE
£1.27M - £1.36M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£722,000
Percentage change: +122.4%

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

At a sale price of £1.31M, 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.

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

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

2 Willow Cottages, Richmond is a terraced house spread over 915 square feet, making it one of the smaller properties here - it is ranked as the 4th most expensive property* in TW9 3AT, with a valuation of £1,312,000.

Since it last sold in October 2004 for £590,000, its value has increased by £722,000.

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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 £1.27M and £1.36M.

  • This property has increased in price by £722,000 since it last sold in 2004 - this equates to a 4.2% rise each year.
  • This property only has one recorded sale since 1995 so it doesn't have a historic investment return or rating yet.

  • 12 terraced houses have sold at an average price of £1,388,350 in TW9 3 over the last 12 months.

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Sale history

The most paid for a property in Willow Cottages, TW9 3AT was £1,075,000 in 2014.

Date Price Change
Today's value* £1,312,000 122.4%
29 Oct 2004 £590,000 -

The local market - TW9 3AT

  • The average property value here is £1,307,000.
    • Valuations range from £1,023,000 to £1,483,000.
    • Expect to pay £1,042 to £1,411 per square foot to live in TW9 3AT depending on the property's condition and size of its garden.
  • No properties have sold in TW9 3AT over the last 5 years.
122%
This property has increased in price by 122% since it last sold 19 years ago
0%
This property is 0% more expensive than average in Willow Cottages, TW9 3AT
  • At a sale price of £1.31M, 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 £1.31M this property has a cost per square foot of £1,433 - this is substantially more than the average for the area (which is currently £1,227).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £1.12M. 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:
£1.02M
Average house price:
£1.31M
Most expensive:
£1.48M
2 Willow Cottages, Richmond is a terraced house with 915 square feet of internal space.
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Valuation details

The most likely sale price is £1,312,000 but at the lower end we think it should fetch a minimum of £1,266,000.

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

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 £1,754,000.

UPDATE VALUATION
PropertyValuation
1 Willow Cottages, Richmond, Richmond Upon Thames, Greater London, TW9 3AT 1 Willow Cottages, Richmond
3 bed | 883 sq. ft.
£1,023,000
4 Willow Cottages, Richmond, Richmond Upon Thames, Greater London, TW9 3AT 4 Willow Cottages, Richmond
2 bed | 1098 sq. ft.
£1,225,000
2 Willow Cottages, Richmond
915 sq.ft.
£1,312,000
7 Willow Cottages, Richmond, Richmond Upon Thames, Greater London, TW9 3AT 7 Willow Cottages, Richmond
2 bed | 1184 sq. ft.
£1,368,000
3 Willow Cottages, Richmond
£1,431,000

How does this property compare?

  • Most likely sale price: £1,312,000.
    • Cost per squre foot: £1,433 (at a valuation of £1,312,000)
    • The average cost per square foot for this postcode is £1227.
  • Freehold terraced house.
    • 915 square feet.
    • 13% bigger than the average property in this postcode.
    • 0% more expensive than the average here.
  • Property energy rating: 46 (max. score 100).
    • This is similar to the 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?

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.