5 Hill Drive, London, Croydon, Greater London, SW16 4NP

Detached
6
2077 sq ft
4.4%
PROPERTY VALUATION
£
Last sold: August 2019
VALUATION RANGE
£670k - £718k
LOW OFFER | HIGH OFFER
PRICE CHANGE
£29,000
Percentage change: +4.4%

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

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

5 Hill Drive, London is a 6 bedroom detached house spread over 2,077 square feet, making it one of the smaller properties here - it is ranked as the 5th most expensive property* in SW16 4NP, with a valuation of £694,000.

Since it last sold in August 2019 for £665,000, its value has increased by £29,000.

5 Hill Drive, London, Croydon, Greater London, SW16 4NP

At a sale price of £694k, we expect this property to be in poor condition (or is significantly less desirable for some other reason) based on its price per square foot.

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

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Essential buying details

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

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £670k and £718k.

  • This property has increased in price by £29,000 since it last sold in 2019 - this equates to a 0.9% rise each year.

  • The property turned out to be a really good investment for the previous owner - returning on average 8.4% per annum.

  • 5 detached houses have sold at an average price of £753,600 in SW16 4 over the last 12 months.

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Sale history

The most paid for a property in Hill Drive, SW16 4NP was £998,000 in 2014.

Date Price Change
Today's value* £694,000 4.4%
22 Aug 2019 £665,000 478.3%
26 Nov 1997 £115,000 -

The local market - Hill Drive, SW16 4NP

  • The average property value here is £1,083,000.
    • Valuations range from £694,000 to £1,370,000.
  • Only one property has sold in SW16 4NP over the last 5 years.
4.4%
This property has increased in price by 4.4% since it last sold 4 years ago
36%
This property is 36% less expensive than average in Hill Drive, SW16 4NP
  • At a sale price of £694k, we expect this property to be in a significantly worse condition than the neighbouring properties in the road.
  • This property has a lower cost per square foot than other properties in the road, which is why we think it is more likely to be in worse condition.

    However, a lower CPSF can also be caused by a low quality extension (or conservatory), a smaller garden, a lack of parking or if the property was previously sold through a partial ownership scheme etc.

  • At a valuation of £694k this property has a cost per square foot of £334 - this is substantially less than the average for the area (which is currently £474).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £984k. 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:
£694k
Average house price:
£1.08M
Most expensive:
£1.37M
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London, Croydon, Greater London, SW16 4NP
5 Hill Drive, London is a 6 bedroom detached house with 2,077 square feet of internal space built between 1900 and 1929.
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Valuation details

The most likely sale price is £694,000 but at the lower end we think it should fetch a minimum of £670,000.

On a cost per square foot basis, this property is valued at 30% less than the other houses in this road.

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 (find out more here).

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £798,000.

UPDATE VALUATION
Investment Performance
Annual change: 8.4%

The previous owner had the property for 21 years, having purchased it in November 1997 for £115,000.

During this time, the price rose by £550,000 (478.3%), which equates to it increasing in value by 8.4% each year.

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

PropertyValuation
5 Hill Drive, London, Croydon, Greater London, SW16 4NP 5 Hill Drive, London
6 bed | 2077 sq. ft.
£694,000
3 Hill Drive, London, Croydon, Greater London, SW16 4NP 3 Hill Drive, London
3 bed
£807,000
1A Hill Drive, London
£1,234,000
1 Hill Drive, London, Croydon, Greater London, SW16 4NP 1 Hill Drive, London
5 bed | 2131 sq. ft.
£1,309,000
4 Hill Drive, London
£1,370,000

How does this property compare?

  • Most likely sale price: £694,000.
    • Cost per squre foot: £334 (at a valuation of £694,000)
    • The average cost per square foot for this postcode is £0.
  • 6 bedroom freehold detached house.
    • 2,077 square feet.
    • 1% bigger than the average property in this postcode.
    • 36% less expensive than the average here.
  • Property energy rating: 41 (max. score 100).
    • This is below average for this postcode.

The property market across SW16 4

  • The average price paid for a detached house in the area SW16 4 over the past year is £754k.
  • Detached houses have been selling for £473 per square foot across SW16 4.
  • 5 detached houses have sold over the last 12 months (in the area coverring SW16 4).
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.