40 Latchmere Road, London, Wandsworth, Greater London, SW11 2DT

Terraced
143.7%
PROPERTY VALUATION
£
Last sold: January 2007
VALUATION RANGE
£570k - £624k
LOW OFFER | HIGH OFFER
PRICE CHANGE
£352,000
Percentage change: +143.7%

Adding a new kitchen could add £45k to the sale price.

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

40 Latchmere Road, London is a terraced house - it is ranked as the 9th most expensive property* in SW11 2DT, with a valuation of £597,000.

Since it last sold in January 2007 for £245,000, its value has increased by £352,000.

27 terraced houses have sold at an average price of £892,000 in SW11 2 over the last 12 months.

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

144%
This property has increased in price by 144% since it last sold 17 years ago
11%
This property is 11% less expensive than average in Latchmere Road, SW11 2DT

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £570k and £624k.

  • The property didn't turn out to be a great investment for the previous owner - returning on average -0.7% per annum.

Sale history

The most paid for a property in Latchmere Road, SW11 2DT was £733,000 in 2020.

Date Price Change
Today's value* £597,000 £352k 143.7%
31 Jan 2007 £245,000 -£5000 2.0%
09 Jan 2004 £250,000 -
Recent sales in the surrounding roads
Searching for recent sales near here

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 £753k.
  • Using the average CPSF for the whole road - it would be worth £770k.

This assumes that the property has an internal floor area of 930 square feet.

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.

The local market - Latchmere Road, SW11 2DT

  • The average property value here is £672,000.
    • Valuations range from £474,000 to £803,000.
  • 4 properties have sold in SW11 2DT over the last 5 years.
  • Latchmere Road has 12 postcodes associated with it.
    • The average price of property in Latchmere Road is £650,882.
    • Property in Latchmere Road typically sells for between £704 and £952 per square foot.
    • Properties in Latchmere Road are currently valued at an average cost per square foot of £828.
Investment Performance
Annual change: -.7%

The previous owner had the property for 3 years, having purchased it in January 2004 for £250,000. They then sold it in January 2007 for £245,000

During this time, the price fell by £5,000 (-2%), which equates to it falling in value by -.7% each year.

The property didn't turn out to be a great investment for the previous owner.

40 Latchmere Road, London is a terraced house.
OFFERS EXPECTED TO BE IN THE REGION OF:
£570k - £624k

Most likely sale price: £597k

How does this property compare to others in Latchmere Road, SW11 2DT?
11% LESS

Valuation details

The most likely sale price is £597,000 but at the lower end we think it should fetch a minimum of £570,000.

This property has increased in price by £352,000 since it last sold in 2007 - this equates to a 5.3% rise each year.

Essential info

  • Freehold terraced house

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £766,000.

PropertyValuation
44 Latchmere Road, Battersea, London, Wandsworth, Greater London, SW11 2DT 44 Latchmere Road, Battersea
2 bed | 667 sq. ft.
£613,000
50 Latchmere Road, Battersea, London, Wandsworth, Greater London, SW11 2DT 50 Latchmere Road, Battersea
2 bed | 629 sq. ft.
£625,000
36 Latchmere Road, London
2 bed | 710 sq. ft.
£689,000
46 Latchmere Road, Battersea, London, Wandsworth, Greater London, SW11 2DT 46 Latchmere Road, Battersea
2 bed | 743 sq. ft.
£713,000
42 Latchmere Road, Battersea, London, Wandsworth, Greater London, SW11 2DT 42 Latchmere Road, Battersea
1399 sq.ft.
£751,000

The property market across SW11 2

  • The average price paid for a terraced house in the area SW11 2 over the past year is £892k.
  • Terraced houses have been selling for £771 per square foot across SW11 2.
  • 27 terraced houses have sold over the last 12 months (in the area coverring SW11 2).
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.