Property valuation
8 Parkgate Road, London, Wandsworth, Greater London, SW11 4LL
2 bedrooms
Freehold
Terraced house
52.1%
Today's price
£616,000
Last sold: February 2012 @ £405,000
Investment rating

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

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Last updated: 15 days ago

How much has this property changed in price since it was last sold?

8 Parkgate Road, London is a 2 bedroom freehold terraced house - it is ranked as the most expensive property in SW11 4LL, with a valuation of £616,000.

Since it last sold in February 2012 for £405,000, its value has increased by £211,000. You can refine the property valuation to take account of any home improvements by clicking here.

Sale history

8 Parkgate Road, London has 2 transactions recorded with HM Land Registry - its market value today is £616,000.

The current owner bought the property in February 2012 for £405,000 and has lived here for 9 years.

Date Price Change
Today's value* £616,000 £211,000 52.1%
27 Feb 2012 £405,000 £165,000 68.8%
20 Mar 2007 £240,000 -

Since the current owner purchased the property, its value has increased by £211,000 (52.1%).

* This valuation doesn't take account of any home improvements - see below for a fully refurbished valuation.

Latest sale analysis

Investment rating:

This property last sold for £405,000 in February 2012.

The previous owner had the property for 4 years, having purchased it in March 2007 for £240,000.

During this time, the price rose by £165,000 (68.8%), which equates to it increasing in value by 11.2% each year.

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

Return on investment
11.2%
2007-2012
Property price rank
Ranked 1st out of 4 on price in SW11 4LL

We've compared this property to all the other properties in SW11 4LL* and calculated that this property is the most expensive property in this postcode.

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Estimated price
£542k
Low
£616,000
Compared to average: +65%
£674k
High

This property is 65% more expensive than average in this postcode.

There have been 4 sales in this postcode over the last ten years - the most recent property sold for £20,000.

The price that this house will sell for will be partly determined by how quickly the owner wants to sell, as well as the buyer's desire for this particular property.

If the owner is keen to move quickly, they are more likely to sell at the lower end of this valuation (£542,000). This valuation range assumes that no home improvements have been carried out since the owner purchased the property.

Cost per square foot
£868
Against benchmark: +£423
The average cost per square foot (CPSF) in SW11 4LL is £445.
The CPSF for this property is based on it having 709 square feet of habitable space and a valuation of £616,000.
We'd expect most properties here to have a CPSF between £378 and £511.
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Refurbishment

When a home is renovated, the price that a buyer is typically prepared to pay will increase.

Some home improvements will increase the value of the property by more than the amount spent on the renovation - see our custom valuation tool to find out what value you could add to your home.

Fully refurbished valuation

£623k
Low end expectation
£775k
Higher end potential
If 8 Parkgate Road, London was previously purchased in a poor condition and then fully refurbished throughout, we would expect it to sit within a new price range starting at £623,000 and possibly fetching upto £775,000.
Most recent sales in this postcode
What are the other properties worth?
AddressValuation
8 Prince Albert Mews, London £20,000 (~0%)
2 Prince Albert Mews, London £396,000 (+6%)
4 Prince Albert Mews, London £458,000 (-4%)
8 Parkgate Road, London £616,000 (+52%)
Property price range - SW11 4LL
  • Lower end property: £20k
  • Average property: £373k
  • Higher end property: £616k

Valuation details

8 Parkgate Road, London valued at £616,000 is the most expensive property in SW11 4LL. If this property sold today, we estimate that it would most likely sell for £616,000 and sit within a price band ranging between £542,000 and £674,000.

At a market value of £616,000 and having 709 square feet of internal floor space, this property today is valued at £868 per square foot. On this basis, this property is 95% more expensive than the average for SW11 4LL (which stands at £445 per square foot in today's market).

The most expensive property in SW11 4LL is valued at £616,000 in today's market whilst the cheapest is worth £20,000 - the average market value for properties here today is £372,500.

If the property was previously purchased in a bad state of repair, making home improvements throughout could increase its sale price to £775,000.

Recent sales in the surrounding roads

Scanning for recent sales near here

* Excluding properties that we've been unable to calculate a valuation for.

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 (including reliability, currency or suitability) of the data and information contained on this website and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this website. The estimate of current value ranges provided on the website are based on a proprietary automated valuation estimate provided by The Move Market. Any estimated values ranges are current at the date of the publication only. It is computer generated and is not a professional appraisal of the subject property and should not be relied upon in lieu of appropriate professional advice. The accuracy of the methodology used to develop the valuation, the existence of the subject property, the accuracy of the estimate and all rule sets provided are estimates based on available data and are not guaranteed or warranted. The Move Market excludes all liability for any loss or damage arising in connection with the estimated value provided in this report.

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