Flat 49, Mccarthy Court, Banbury Street, London, Wandsworth, Greater London, SW11 3ET

Flat
2
199.5%
PROPERTY VALUATION
£
Last sold: May 2003
VALUATION RANGE
£558k - £610k
LOW OFFER | HIGH OFFER
PRICE CHANGE
£389,000
Percentage change: +199.5%

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

Flat 49, Mccarthy Court is a 2 bedroom flat - it is ranked as the 3rd most expensive property* in SW11 3ET, with a valuation of £584,000.

Since it last sold in May 2003 for £195,000, its value has increased by £389,000.

If home improvements have been made, ensure you update the valuation.

UPDATE VALUATION
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Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £558k and £610k.

  • This property has increased in price by £389,000 since it last sold in 2003 - this equates to a 5.4% rise each year.
  • The property turned out to be a amazing investment for the previous owner - returning on average 21.0% per annum.

  • 105 flats have sold at an average price of £554,835 in SW11 3 over the last 12 months.

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Sale history

The most paid for a property in Banbury Street, SW11 3ET was £500,000 in 2022.

Date Price Change
Today's value* £584,000 199.5%
09 May 2003 £195,000 264.5%
25 Jul 1996 £53,500 -

The local market - SW11 3ET

  • The average property value here is £545,000.
    • Valuations range from £485,000 to £599,000.
    • Expect to pay £574 to £777 per square foot to live in SW11 3ET depending on the property's condition and size of its garden.
  • 5 properties have sold in SW11 3ET over the last 5 years.
  • Banbury Street has 3 postcodes associated with it.
    • The average price of property in Banbury Street is £629,482.
    • Property in Banbury Street typically sells for between £665 and £899 per square foot.
    • Properties in Banbury Street are currently valued at an average cost per square foot of £782.
199%
This property has increased in price by 199% since it last sold 20 years ago
7%
This property is 7% more expensive than average in Banbury Street, SW11 3ET
  • 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 £630k.
  • This is based on it having an internal floor area of 805 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:
£485k
Average house price:
£545k
Most expensive:
£599k
Flat 49, Mccarthy Court, Banbury Street, London, Wandsworth, Greater London, SW11 3ET
Flat 49, Mccarthy Court, Banbury Street, London, Wandsworth, Greater London, SW11 3ET
Flat 49, Mccarthy Court, Banbury Street, London is a 2 bedroom flat.
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Valuation details

The most likely sale price is £584,000 but at the lower end we think it should fetch a minimum of £558,000.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £790,000.

UPDATE VALUATION
Investment Performance
Annual change: 21%

The previous owner had the property for 6 years, having purchased it in July 1996 for £53,500.

During this time, the price rose by £141,500 (264.5%), which equates to it increasing in value by 21% each year.

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

PropertyValuation
Flat 56, Mccarthy Court, Banbury Street, London, Wandsworth, Greater London, SW11 3ET Flat 56, Mccarthy Court
2 bed | 797 sq. ft.
£485,000
Flat 51, Mccarthy Court, Banbury Street, London, Wandsworth, Greater London, SW11 3ET Flat 51, Mccarthy Court
2 bed | 775 sq. ft.
£490,000
Flat 68, Mccarthy Court, Banbury Street, London, Wandsworth, Greater London, SW11 3ET Flat 68, Mccarthy Court
2 bed
£511,000
Flat 73, Mccarthy Court
861 sq.ft.
£531,000
Flat 64, Mccarthy Court, Banbury Street, London, Wandsworth, Greater London, SW11 3ET Flat 64, Mccarthy Court
2 bed | 807 sq. ft.
£550,000

How does this property compare?

  • Most likely sale price: £584,000.
  • Offers likely to be accepted between £558,000 and £610,000.
  • 2 bedroom leasehold flat.

The property market across SW11 3

  • The average price paid for a flat in the area SW11 3 over the past year is £555k.
  • Flats have been selling for £685 per square foot across SW11 3.
  • 105 flats have sold over the last 12 months (in the area coverring SW11 3).
What does it cost to live in this area?

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
Recent sales in the surrounding roads
Searching for recent sales near here

* 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.