2 bedrooms
Leasehold
Flat
-6.2%
Today's price
£448,000
Last sold: October 2020 @ £477,500
Investment rating

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

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Last updated: 30/09/2021

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

Flat 51, Mccarthy Court is a 2 bedroom leasehold flat - it is ranked as the 14th most expensive property in SW11 3ET, with a valuation of £448,000.

Since it last sold in October 2020 for £477,500, its value has decreased by £29,500. You can refine the property valuation to take account of any home improvements by clicking here.

Sale history
See how prices have changed

Flat 51, Mccarthy Court has 2 transactions recorded with HM Land Registry. It is one of the cheapest properties in SW11 3ET, valued at £448,000.

The current owner bought the property in October 2020 for £477,500 and has lived here for less than one year.

Since the current owner purchased the property, its value has decreased by £29,500 (6.2%).

Date Price Change
Today's value £448,000 -6.2%
01 Oct 2020 £477,500 29.1%
05 Dec 2013 £370,000 -

Latest sale analysis

Investment rating:

The previous owner bought this property for £370,000 in December 2013 and sold it for £477,500 in October 2020.

They owned the property for 6 years before selling it.

During this time, the price rose by £107,500 (29.1%), which equates to it increasing in value by 3.8% each year.

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

Sale frequency

There have been 10 sales in this postcode over the last ten years.

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Property price rank
Ranked 14th out of 15 on price in SW11 3ET

We've compared this property to all the other properties in SW11 3ET* and calculate that this property is the 14th most expensive property in this postcode.

Flat 51, Mccarthy Court, Banbury Street, London, Wandsworth, Greater London, SW11 3ET Flat 51, Mccarthy Court, Banbury Street, London, Wandsworth, Greater London, SW11 3ET Flat 51, Mccarthy Court, Banbury Street, London, Wandsworth, Greater London, SW11 3ET
Estimated price
£426k
Low
£448,000
Compared to average: -10%
£469k
High
Market valuation
Price range for SW11 3ET
  • Lower end property: £438k
  • Average property: £497k
  • Higher end property: £539k
If the owner is keen to sell quickly they are more likely to realise the lower end of this valuation. This valuation range assumes that no home improvements have been carried out since the owner purchased the property.
How is this calculated?
Cost per square foot
£578
Against benchmark: -£37
Based on a valuation of £448,000 and having 775 square feet of habitable space.

Refurbishment

When a home is renovated, the cost per square foot will usually increase.

If the property was previously purchased in a bad state of repair, making home improvements throughout could increase its market value to between £490,000 and £540,000.

Fully refurbished

£490,000 - £540,000
If Flat 51, Mccarthy Court 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 £490,000 and possibly fetching upto £540,000.

For a house to qualify for the fully refurbished valuation, we would expect the kitchen, bathroom(s), flooring, windows, doors and heating system to have been recently replaced to a high standard and be in very good condition.

All sales in SW11 3ET
What are the other properties worth today?
AddressValuation
Flat 55, Mccarthy Court £438,000 (+25%)
Flat 51, Mccarthy Court £448,000 (-6%)
Flat 56, Mccarthy Court £451,000 (-1%)
Flat 74, Mccarthy Court £480,000 (+28%)
Flat 61, Mccarthy Court £489,000 (-2%)

Valuation details

Flat 51, Mccarthy Court valued at £448,000 is the 14th most expensive property in SW11 3ET. If this property sold today, we estimate that it would most likely sell for £448,000 and sit within a price band ranging between £426,000 and £469,000.

At a market value of £448,000 and having 775 square feet of internal floor space, this property today is valued at £578 per square foot. On this basis, this property is 6% less expensive than the average for SW11 3ET (which stands at £615 per square foot in today's market).

The most expensive property in SW11 3ET is valued at £539,000 in today's market whilst the cheapest is worth £438,000 - the average market value for properties here today is £496,867.

If the property was previously purchased in a bad state of repair, making home improvements throughout could increase its sale price to £540,000.

Please note, as this property has previously been sold on a lease, if the owner has renewed the lease, the value of the property could be significantly higher.

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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.