8 Norbury Crescent, London, Croydon, Greater London, SW16 4JU

Terraced
2
1733 sq ft
14.7%
PROPERTY VALUATION
£
Last sold: May 2019
VALUATION RANGE
£664k - £712k
LOW OFFER | HIGH OFFER
PRICE CHANGE
£88,000
Percentage change: +14.7%

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

8 Norbury Crescent, London is a 2 bedroom terraced house spread over 1,733 square feet, making it one of the largest properties here - it is ranked as the 2nd most expensive property* in SW16 4JU, with a valuation of £688,000.

Since it last sold in May 2019 for £600,000, its value has increased by £88,000.

8 Norbury Crescent, London, Croydon, Greater London, SW16 4JU

At a sale price of £688k, 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.

41 terraced houses have sold at an average price of £492,780 in SW16 4 over the last 12 months.

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

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15%
This property has increased in price by 15% since it last sold 4 years ago
19%
This property is 19% more expensive than average in Norbury Crescent, SW16 4JU

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £664k and £712k.

  • The property turned out to be a really good investment for the previous owner - returning on average 7.6% per annum.

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Sale history

The most paid for a property in Norbury Crescent, SW16 4JU was £725,000 in 2022.

Date Price Change
Today's value* £688,000 £88k 14.7%
17 May 2019 £600,000 £476k 383.9%
31 Oct 1997 £124,000 -
  • At a sale price of £688k, 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 £688k this property has a cost per square foot of £396 - this is substantially less than the average for the area (which is currently £504).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £873k. 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.
  • Expect to pay £330 to £447 per square foot to live in SW16 4JU depending on the property's condition and size of its garden.

The local market - Norbury Crescent, SW16 4JU

  • The average property value here is £580,000.
    • Valuations range from £352,000 to £691,000.
  • 3 properties have sold in SW16 4JU over the last 5 years.
  • Norbury Crescent has 9 postcodes associated with it.
    • The average price of property in Norbury Crescent is £519,317.
    • Property in Norbury Crescent typically sells for between £428 and £580 per square foot.
    • Properties in Norbury Crescent are currently valued at an average cost per square foot of £504.
8 Norbury Crescent, London, Croydon, Greater London, SW16 4JU
8 Norbury Crescent, London is a 2 bedroom terraced house with 1,733 square feet of internal space.
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Valuation details

The most likely sale price is £688,000 but at the lower end we think it should fetch a minimum of £664,000.

On a cost per square foot basis, this property is valued at 2% more than the other houses in this postcode.

2 bedroom freehold terraced house.
  • 1,733 square feet.
  • 27% bigger than the average property in this postcode.
  • 19% more expensive than the average here.

This property is currently valued at £396 per square foot - the average cost per square foot for this postcode is £389.

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 £791,000.

UPDATE VALUATION
Investment Performance
Annual change: 7.6%

The previous owner had the property for 21 years, having purchased it in October 1997 for £124,000.

During this time, the price rose by £476,000 (383.9%), which equates to it increasing in value by 7.6% each year.

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

The sale on 17 May 2019 was recorded as a non-residential transaction. This can be because a commercial mortgage was used, the property was repossessed or the owner extended the lease etc.

PropertyValuation
2 Norbury Crescent, London, Croydon, Greater London, SW16 4JU 2 Norbury Crescent, London
948 sq.ft.
£352,000
12 Norbury Crescent, London, Croydon, Greater London, SW16 4JU 12 Norbury Crescent, London
4 bed | 1399 sq. ft.
£559,000
6 Norbury Crescent, London
3 bed
£608,000
8 Norbury Crescent, London, Croydon, Greater London, SW16 4JU 8 Norbury Crescent, London
2 bed | 1733 sq. ft.
£688,000
2A Norbury Crescent, London
£691,000

Energy rating - how does this property compare?

  • Property energy rating: 59 (max. score 100).
    • This is above average for this postcode.

The property market across SW16 4

  • The average price paid for a terraced house in the area SW16 4 over the past year is £493k.
  • Terraced houses have been selling for £506 per square foot across SW16 4.
  • 41 terraced 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.