
Explore which home improvements can not only enhance your living space but also increase your property's value
62 Robin Road is a 820 square foot terraced house with a valuation of £311,000.
Since the house was last sold in May 2014 for £184,500, its value has risen by £126,500.
Sold house prices and home valuation trends over time
House features, location, and investment performance
62 Robin Road is a freehold terraced house, built before 1900. A 2013 survey recorded the property as having 820 square feet of floor space and space for 2 bedrooms.
The property wasn't a good investment for its previous owner, who made a £450 loss between September 2013 and May 2014.
Timeline of sold house prices and cost per square foot
Since 62 Robin Road's first recorded sale in 1997, the house's price has risen by £226,000 or 10% per year.
During the same period, the price of an average home on Robin Road increased by £317,000 or 13% per year, and the average UK home increased by 13% per year.
Terraced house freehold, £379 per square foot
Terraced house freehold, £225 per square foot
Terraced house freehold, £226 per square foot
Terraced house freehold, £122 per square foot
Terraced house freehold, £104 per square foot
Comparison of local and national house prices
House Prices in Robin Road start at £171,000 for the cheapest property on the street, rising to £826,000 for the most expensive.
62 Robin Road is worth 25% less than the £413,000 average property on Robin Road and 4% more than the £300,000 average home in England.
Using local prices per square foot as benchmarks for valuation
When valuing this property, one factor we consider is the average cost per square foot (CPSF) for terraced houses in the area. Based on this metric alone, the property's valuation would be £322,000.
Our valuation is at the lower end of the £372 to £414 CPSF you would have to pay for a typical terraced house in Robin Road. Factors such as features and outdoor space affect CPSF, with past sale prices reflecting these differences.
Energy usage and efficiency compared to the average terraced house in England and Wales. Figures from a 2013 survey
Property valuation details and commonly asked questions
At a sale price of £311,000, the property’s cost per square foot suggests it may be more modest in condition or features compared to neighbouring homes.
Making home improvements could increase the cost per square foot within the £372 to £414 per square foot range we typically see for terraced houses in Robin Road, increasing the property's value.
Every month, our Automated Valuation Model (AVM) determines property values.
Our AVM collects data from reputable sources, like HM Land Registry, and uses the data to estimate what each property is worth.
In our tests, we have found that the sale price of a property falls within our AVM's confidence range in most cases. However, there are scenarios where the valuations are not accurate. For example, if significant alterations have been made to a property recently or if a property is unique with few comparables.
For more details on the workings of our AVM, including its strengths, limitations, and how it measures up to traditional valuation methods, please refer to our guide 'How We Value Property'.
We try to make the valuations as accurate as possible, but they are estimates. When buying or selling property, you should speak to a qualified professional.
Sold house prices, and data on property types/tenures, are sourced from the HM Land Registry.
There is a time delay in property sales appearing in HM Land Registry, which can be up to three months.
Other property details, such as energy efficiency, are estimates from a 2013 property survey.
We generate all our property valuations programmatically. They cannot be manually edited based on new information, such as evidence of redevelopment.
If sold property prices or property types are incorrect, you should verify them with HM Land Registry. You can notify HM Land Registry of any errors.
If any other property details are incorrect or out-of-date, they will update automatically when next surveyed.
You can verify property details related to energy efficiency.
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