Flat 1, 12 Priory Road, Richmond, Richmond Upon Thames, Greater London, TW9 3DF

Flat
527 sq ft
15%
PROPERTY VALUATION
£
Last sold: December 2014
VALUATION RANGE
£527k - £577k
LOW OFFER | HIGH OFFER
PRICE CHANGE
£72,000
Percentage change: +15%

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

Flat 1, 12 Priory Road is a ground floor flat spread over 527 square feet, making it one of the smaller properties here - it is ranked as the 16th most expensive property* in TW9 3DF, with a valuation of £552,000.

Since it last sold in December 2014 for £480,000, its value has increased by £72,000.

At a sale price of £552k, we expect this property to be in a reasonable condition based on its price per square foot.

13 flats have sold at an average price of £559,188 in TW9 3 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 9 years ago
71%
This property is 71% less expensive than average in Priory Road, TW9 3DF

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 £527k and £577k.

  • The property turned out to be a amazing investment for the previous owner - returning on average 19.4% per annum.

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Sale history

The most paid for a property in Priory Road, TW9 3DF was £2,100,000 in 2022.

Date Price Change
Today's value* £552,000 £72k 15.0%
19 Dec 2014 £480,000 £295k 159.5%
31 Jul 2009 £185,000 -
  • At a sale price of £552k, we expect this property to be in a similar condition to the neighbouring properties in the road.
  • This property has a similar cost per square foot as other properties in the road, which is why we think it is in a reasonable condition.

  • At a valuation of £552k this property has a cost per square foot of £1,047 - this is comparable with the average for properties for the area (which is currently £1,002).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £528k. 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 £810 to £1,095 per square foot to live in TW9 3DF depending on the property's condition and size of its garden.

The local market - Priory Road, TW9 3DF

  • The average property value here is £1,871,000.
    • Valuations range from £552,000 to £2,978,000.
  • 3 properties have sold in TW9 3DF over the last 5 years.
  • Priory Road has 3 postcodes associated with it.
    • The average price of property in Priory Road is £2,095,891.
    • Property in Priory Road typically sells for between £852 and £1,152 per square foot.
    • Properties in Priory Road are currently valued at an average cost per square foot of £1,002.
Flat 1, 12 Priory Road, Richmond is a flat with 527 square feet of internal space built between 1900 and 1929.
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Valuation details

The most likely sale price is £552,000 but at the lower end we think it should fetch a minimum of £527,000.

On a cost per square foot basis, this property is valued at 10% more than the other houses in this postcode.

Leasehold flat.
  • 527 square feet.
  • 73% smaller than the average property in this postcode.
  • 71% less expensive than the average here.

This property is currently valued at £1,046 per square foot - the average cost per square foot for this postcode is £953.

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 £687,000.

UPDATE VALUATION
Investment Performance
Annual change: 19.4%

The previous owner had the property for 5 years, having purchased it in July 2009 for £185,000.

During this time, the price rose by £295,000 (159.5%), which equates to it increasing in value by 19.4% each year.

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

PropertyValuation
Flat 1, 12 Priory Road
527 sq.ft.
£552,000
36 Priory Road, Richmond, Richmond Upon Thames, Greater London, TW9 3DF 36 Priory Road, Richmond
5 bed | 2293 sq. ft.
£1,966,000
32 Priory Road, Richmond, Richmond Upon Thames, Greater London, TW9 3DF 32 Priory Road, Richmond
6 bed | 2174 sq. ft.
£2,220,000
22 Priory Road, Richmond, Richmond Upon Thames, Greater London, TW9 3DF 22 Priory Road, Richmond
5 bed | 2228 sq. ft.
£2,238,000
10 Priory Road, Richmond, Richmond Upon Thames, Greater London, TW9 3DF 10 Priory Road, Richmond
6 bed
£2,261,000

Energy rating - how does this property compare?

  • Property energy rating: 65 (max. score 100).
    • This is above average for this postcode.

The property market across TW9 3

  • The average price paid for a flat in the area TW9 3 over the past year is £559k.
  • Flats have been selling for £776 per square foot across TW9 3.
  • 13 flats have sold over the last 12 months (in the area coverring TW9 3).
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.