9 Norbury Court Road, London, Croydon, Greater London, SW16 4HU

Commercial
2
3783%
PROPERTY VALUATION
£
Price change: +£355,600
Since last sold: December 2016
VALUATION RANGE
£345k - £385k
LOW OFFER | HIGH OFFER
Confidence: High
UPDATE CONDITION

Property summary Last updated: 05/03/2024

Last updated: 05/03/2024

9 Norbury Court Road, London is a 2 bedroom property - it is ranked as the 24th most expensive property* in SW16 4HU, with a valuation of £365,000.

Since it last sold in December 2016 for £9,400, its value has increased by £355,600.

Advertisement

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £345k and £385k.

  • The property didn't turn out to be a great investment for the previous owner - returning on average -22.7% per annum.

  • 69 properties have sold at an average price of £483,463 over the last 12 months (in the area coverring SW16 4).

  • If this property is similar in size to the average property here - utilising the average cost per square foot, we would expect it to have a valuation of £528k.
  • This is based on it having an internal floor area of 1,111 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.
  • 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:
£273k
Average house price:
£519k
Most expensive:
£817k
Advertisement
3783%
This property has increased in price by 3783% since it last sold 7 years ago
30%
This property is 30% less expensive than average in Norbury Court Road, SW16 4HU

Sale history

The most paid for a property in Norbury Court Road, SW16 4HU was £825,000 in 2021.

Date Price Change
Today's value* £365,000 3,783.0%
01 Dec 2016 £9,400 94.8%
27 May 2005 £182,500 46.0%
9 Norbury Court Road, London, Croydon, Greater London, SW16 4HU
9 Norbury Court Road, London, Croydon, Greater London, SW16 4HU
9 Norbury Court Road, London, Croydon, Greater London, SW16 4HU
9 Norbury Court Road, London, Croydon, Greater London, SW16 4HU
9 Norbury Court Road, London, Croydon, Greater London, SW16 4HU
9 Norbury Court Road, London, Croydon, Greater London, SW16 4HU
9 Norbury Court Road, London is a 2 bedroom property.
Advertisement

Valuation details

The most likely sale price is £365,000 but at the lower end we think it should fetch a minimum of £345,000.

This property has increased in price by £355,600 since it last sold in 2016 - this equates to a 64.8% 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.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £420,000.

Mortgage repayment calculator
Investment Performance
Annual change: -22.7%

Was It A Good Investment?

The previous owner had the property for 11 years, having purchased it in May 2005 for £182,500. They then sold it in December 2016 for £9,400

During this time, the price fell by £173,100 (-94.8%), which equates to it falling in value by -22.7% each year.

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

The sale on 01 December 2016 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.

How does this property compare?

  • Most likely sale price: £365,000.
    • Offers likely to be accepted between £345,000 and £385,000.
  • 2 bedroom freehold property.

The local market - SW16 4HU

  • The average property price for this postcode is £519,000.
    • Prices here range from £273,000 to £817,000.
    • Expect to pay £403 to £546 per square foot for property in SW16 4HU.
  • 6 properties have sold in SW16 4HU over the last 5 years.
  • Norbury Court Road has 5 postcodes associated with it.
    • The average price of property in Norbury Court Road is £521,016.
    • Property in Norbury Court Road typically sells for between £388 and £526 per square foot.
    • Properties in Norbury Court Road are currently valued at an average cost per square foot of £457.

The property market across SW16 4

  • The average price paid for all property types in the area SW16 4 over the past year is £483k.
  • Properties have been selling for £446 per square foot across SW16 4.
  • 69 properties have sold over the last 12 months (in the area coverring SW16 4).
What does it cost to live in this area?

Valuation accuracy

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.

Create valuation report
Recent sales in the surrounding roads
Searching for recent sales near here

Things to check before buying a new home

Working out a property's valuation can be tricky but we are here to help you get the information you need to know before putting in an offer.

* 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 31/01/2024 - this was released on the 28/02/2024.