Flat 1, Ridley House, Este Road, London, Wandsworth, Greater London, SW11 2TW

Flat
646 sq ft
134.4%
PROPERTY VALUATION
£
Last sold: December 2005
VALUATION RANGE
£403k - £441k
LOW OFFER | HIGH OFFER
PRICE CHANGE
£242,000
Percentage change: +134.4%

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, Ridley House is a flat spread over 646 square feet, making it one of the bigger properties here - it is ranked as the most expensive property* in SW11 2TW, with a valuation of £422,000.

Since it last sold in December 2005 for £180,000, its value has increased by £242,000.

At a sale price of £422k, we expect this property to be in good condition (or is more desirable for some other reason) based on its price per square foot.

52 flats have sold at an average price of £453,158 in SW11 2 over the last 12 months.

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

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134%
This property has increased in price by 134% since it last sold 18 years ago
9%
This property is 9% more expensive than average in Este Road, SW11 2TW

Essential buying details

  • Built between 1950 and 1966, 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 £403k and £441k.

  • The property turned out to be a amazing investment for the previous owner - returning on average 10.5% per annum.

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Sale history

The most paid for a property in Este Road, SW11 2TW was £400,000 in 2018.

Date Price Change
Today's value* £422,000 £242k 134.4%
22 Dec 2005 £180,000 £55k 44.0%
25 Apr 2002 £125,000 -
  • At a sale price of £422k, we expect this property to be in slightly better condition than the neighbouring properties in the road.
  • This property has a higher cost per square foot than other properties in the road, which is why we think it is more likely to be in good condition.

    This can be caused by it having recently been refurbished to a high standard although it could also be because the property has more appealing architecture, a bigger garden, more parking spaces or a garage etc.

  • At a valuation of £422k this property has a cost per square foot of £653 - this is slightly more than the average for the area (which is currently £587).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £379k. 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 £482 to £653 per square foot to live in SW11 2TW depending on the property's condition and size of its garden.

The local market - Este Road, SW11 2TW

  • The average property value here is £386,000.
    • Valuations range from £343,000 to £422,000.
  • No properties have sold in SW11 2TW over the last 5 years.
  • Este Road has 7 postcodes associated with it.
    • The average price of property in Este Road is £459,693.
    • Property in Este Road typically sells for between £499 and £675 per square foot.
    • Properties in Este Road are currently valued at an average cost per square foot of £587.
Flat 1, Ridley House, Este Road, London is a flat with 646 square feet of internal space built between 1950 and 1966.
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Valuation details

The most likely sale price is £422,000 but at the lower end we think it should fetch a minimum of £403,000.

On a cost per square foot basis, this property is valued at 15% more than the other houses in this postcode.

Leasehold flat.
  • 646 square feet.
  • 2% bigger than the average property in this postcode.
  • 9% more expensive than the average here.

This property is currently valued at £653 per square foot - the average cost per square foot for this postcode is £568.

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 £525,000.

UPDATE VALUATION
Investment Performance
Annual change: 10.5%

The previous owner had the property for 3 years, having purchased it in April 2002 for £125,000.

During this time, the price rose by £55,000 (44%), which equates to it increasing in value by 10.5% each year.

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

PropertyValuation
Flat 14, Ridley House
721 sq.ft.
£343,000
Flat 20, Ridley House, Este Road, London, Wandsworth, Greater London, SW11 2TW Flat 20, Ridley House
1 bed | 452 sq. ft.
£362,000
Flat 2, Ridley House, Este Road, London, Wandsworth, Greater London, SW11 2TW Flat 2, Ridley House
2 bed | 721 sq. ft.
£416,000
Flat 1, Ridley House
646 sq.ft.
£422,000

Energy rating - how does this property compare?

  • Property energy rating: 68 (max. score 100).
    • This is below average for this postcode.

The property market across SW11 2

  • The average price paid for a flat in the area SW11 2 over the past year is £453k.
  • Flats have been selling for £618 per square foot across SW11 2.
  • 52 flats have sold over the last 12 months (in the area coverring SW11 2).
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.