At a sale price of £1.54M, we expect this property to be in poor condition.
UPDATE CONDITION31 Bushwood Road, Richmond is a 4 bedroom terraced house spread over 1,841 square feet, making it one of the bigger properties here - it is ranked as the 16th most expensive property* in TW9 3BG, with a valuation of £1,537,000.
Since it last sold in November 2016 for £1,420,000, its value has increased by £117,000.
If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £1.48M and £1.59M.
The property turned out to be a really good investment for the previous owner - returning on average 6.3% per annum.
12 terraced houses have sold at an average price of £1,390,433 over the last 12 months (in the area coverring TW9 3).
Built between 1900 and 1929, the property has sold twice over the last 29 years.
31 Bushwood Road is a fraction bigger than the average property in this postcode.
The most paid for a property in Bushwood Road, TW9 3BG was £1,886,000 in 2023.
Date | Price | Change |
---|---|---|
Today's value* | £1,537,000 | 8.2% |
09 Nov 2016 | £1,420,000 | 158.2% |
30 Mar 2001 | £550,000 | - |
The most likely sale price is £1,537,000 but at the lower end we think it should fetch a minimum of £1,483,000.
On a cost per square foot basis, this property is valued at 14% less than the other houses in this postcode.
This property has increased in price by £117,000 since it last sold in 2016 - this equates to a 1.1% 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 lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller 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 £1,768,000.
Mortgage repayment calculatorThe previous owner had the property for 15 years, having purchased it in March 2001 for £550,000.
During this time, the price rose by £870,000 (158.2%), which equates to it increasing in value by 6.3% each year.
The property turned out to be a really good investment for the previous owner.
If the automated valuation doesn't look right you can create a custom valuation report by finding comparable properties near by to generate a fresh valuation.
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* Excluding properties that we've been unable to calculate a valuation for. ** Excludes property transactions that occurred before 1995.
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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.