Property valuation
Flat 62, Mccarthy Court, Banbury Street, London, Wandsworth, Greater London, SW11 3ET
2 bedrooms
Leasehold
Flat
5.9%
Today's price
£528,000
Last sold: January 2017 @ £498,500
Investment rating

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

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Last updated: 21 days ago

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

Flat 62, Mccarthy Court is a 2 bedroom leasehold flat - it is ranked as the 6th most expensive property in SW11 3ET, with a valuation of £528,000.

Since it last sold in January 2017 for £498,500, its value has increased by £29,500. You can refine the property valuation to take account of any home improvements by clicking here.

Sale history

Flat 62, Mccarthy Court has 3 transactions recorded with HM Land Registry - its market value today is £528,000.

The current owner bought the property in January 2017 for £498,500 and has lived here for 4 years.

Date Price Change
Today's value* £528,000 £29,500 5.9%
03 Jan 2017 £498,500 £122,500 32.6%
21 Jan 2013 £376,000 £61,000 19.4%
11 Jan 2008 £315,000 -

Since the current owner purchased the property, its value has increased by £29,500 (5.9%).

* This valuation doesn't take account of any home improvements - see below for a fully refurbished valuation.

Latest sale analysis

Investment rating:

This property last sold for £498,500 in January 2017.

The previous owner had the property for 3 years, having purchased it in January 2013 for £376,000.

During this time, the price rose by £122,500 (32.6%), which equates to it increasing in value by 7.4% each year.

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

Return on investment
7.4%
2013-2017
Property price rank
Ranked 6th 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 6th most expensive property in this postcode.

Flat 62, Mccarthy Court, Banbury Street, London, Wandsworth, Greater London, SW11 3ET Flat 62, Mccarthy Court, Banbury Street, London, Wandsworth, Greater London, SW11 3ET Flat 62, Mccarthy Court, Banbury Street, London, Wandsworth, Greater London, SW11 3ET Flat 62, Mccarthy Court, Banbury Street, London, Wandsworth, Greater London, SW11 3ET
Estimated price
£515k
Low
£528,000
Compared to average: +4%
£561k
High

This property is 4% more expensive than average in this postcode.

There have been 10 sales in this postcode over the last ten years - the most recent property sold for £455,000.

The price that this house will sell for will be partly determined by how quickly the owner wants to sell, as well as the buyer's desire for this particular property.

If the owner is keen to move quickly, they are more likely to sell at the lower end of this valuation (£515,000). This valuation range assumes that no home improvements have been carried out since the owner purchased the property.

Cost per square foot
£613
Against benchmark: -£14
The average cost per square foot (CPSF) in SW11 3ET is £627.
The CPSF for this property is based on it having 861 square feet of habitable space and a valuation of £528,000.
We'd expect most properties here to have a CPSF between £532 and £721.
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Refurbishment

When a home is renovated, the price that a buyer is typically prepared to pay will increase.

Some home improvements will increase the value of the property by more than the amount spent on the renovation - see our custom valuation tool to find out what value you could add to your home.

Fully refurbished valuation

£593k
Low end expectation
£645k
Higher end potential
If Flat 62, 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 £593,000 and possibly fetching upto £645,000.
Most recent sales in this postcode
What are the other properties worth?
AddressValuation
Flat 55, Mccarthy Court £447,000 (+28% since last sold)
Flat 56, Mccarthy Court £452,000 (-1% since last sold)
Flat 51, Mccarthy Court £456,000 (-5% since last sold)
Flat 61, Mccarthy Court £501,000 (+0% since last sold)
Flat 62, Mccarthy Court £528,000 (+6% since last sold)
Property price range - SW11 3ET
  • Lower end property: £447k
  • Average property: £507k
  • Higher end property: £551k

Valuation details

Flat 62, Mccarthy Court valued at £528,000 is the 6th most expensive property in SW11 3ET. If this property sold today, we estimate that it would most likely sell for £528,000 and sit within a price band ranging between £515,000 and £561,000.

At a market value of £528,000 and having 861 square feet of internal floor space, this property today is valued at £613 per square foot. On this basis, this property is 2% less expensive than the average for SW11 3ET (which stands at £627 per square foot in today's market).

The most expensive property in SW11 3ET is valued at £551,000 in today's market whilst the cheapest is worth £447,000 - the average market value for properties here today is £507,200.

If the property was previously purchased in a bad state of repair, making home improvements throughout could increase its sale price to £645,000.

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.

Ensure you're properly informed on local market conditions - compare this property against recent sales as well as other vital data points.

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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.

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