
Explore which home improvements can not only enhance your living space but also increase your property's value
9 Leahurst Court is a 740 square foot flat with a valuation of £322,000.
Since the property was last sold in June 2023 for £322,500, its value has not significantly increased or decreased.
Sold property prices and home valuation trends over time
Flat features, location, and investment performance
9 Leahurst Court is a leasehold flat, built in 1950-1966. A 2013 survey recorded the property as having 740 square feet of floor space and space for 2 bedrooms.
The property was a reasonable investment for its previous owner, who made a £72,550 profit between October 2016 and June 2023.
Timeline of sold property prices and cost per square foot
Since 9 Leahurst Court's first recorded sale in 2016, the flat's price has risen by £72,050 or 4% per year.
During the same period, the price of an average home on Leahurst Court increased by £56,000 or 3% per year, and the average UK home increased by 5% per year.
Flat leasehold, £435 per square foot
Flat leasehold, £436 per square foot
Flat leasehold, £338 per square foot
Comparison of local and national property prices
House Prices in Leahurst Court start at £183,000 for the cheapest property on the street, rising to £396,000 for the most expensive.
9 Leahurst Court is worth 1% less than the £327,000 average property on Leahurst Court and 7% 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 flats in the area. Based on this metric alone, the property's valuation would be £315,000.
Our valuation is at the higher end of the £381 to £469 CPSF you would have to pay for a typical flat in Leahurst Court. Factors such as features and floor level affect CPSF, with past sale prices reflecting these differences.
Energy usage and efficiency compared to the average flat in England and Wales. Figures from a 2013 survey
Property valuation details and commonly asked questions
At a sale price of £322,000, the property’s cost per square foot indicates a better condition than the neighbouring properties or that it possesses additional features to warrant the higher price.
Making home improvements could increase the cost per square foot within the £381 to £469 per square foot range we typically see for flats in Leahurst Court, 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 property 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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