125 Algernon Road, London, Lewisham, Greater London, SE13 7AP

Terraced
3
1733 sq ft
5.6%
PROPERTY VALUATION
£
Last sold: November 2020
INVESTMENT PERFORMANCE
Investment return: 1.9% per year throughout 2019 - 2020
PRICE CHANGE
£46,000
Percentage change: +5.6%
REFINE VALUATION

Property summary Last updated: 03/05/2024

Last updated: 03/05/2024

125 Algernon Road, London is a 3 bedroom terraced house spread over 1,733 square feet, making it one of the largest properties here - it is ranked as the 11th most expensive property* in SE13 7AP, with a valuation of £872,000.

Since it last sold in November 2020 for £826,000, its value has increased by £46,000.

House floorplan
Terraced houses across SE13 7 have been selling for £603 per square foot.

We expect this property to be in poor condition (or is significantly less desirable for some other reason) based on its price per square foot; it is currently valued at £503 per square foot.

  • The latest sale in SE13 7AP went for £990k on 15 Sep 2023.
  • The average current property value here is £744,000.
  • 6 properties have sold in SE13 7AP over the last 5 years.
  • 40 terraced houses have sold at an average price of £698,000 in SE13 7 over the last 12 months.
Recent sales
Searching for recent sales near here

Expected property condition

At a sale price of £872k, we expect this property to be in a significantly worse condition than the neighbouring properties in the road.

As it has a lower cost per square foot than other properties in the road, we think it is more likely to be in a worse condition than the other properties here.

However, a lower CPSF can also be caused by a low quality extension (or conservatory), a smaller garden, a lack of parking or if the property was previously sold through a partial ownership scheme etc.

At a valuation of £872k this property has a cost per square foot of £503 - this is substantially less than the average for the area (which is currently £609).

If we valued this property using the average cost per square foot (CPSF):

  • Using the average CPSF for properties just in the postcode - it would be worth £1.09M.
  • Using the average CPSF for the whole road - it would be worth £1.06M.

The local market - Algernon Road, SE13 7AP

  • The average property value here is £744,000.
    • Valuations range from £325,000 to £1,059,000.
  • Algernon Road has 10 postcodes associated with it.
    • The average price of property in Algernon Road is £633,022.
    • Property in Algernon Road typically sells for between £518 and £700 per square foot.
    • Properties in Algernon Road are currently valued at an average cost per square foot of £609.
5.6%
This property has increased in price by 5.6% since it last sold 3 years ago.
17%
This property is 17% more expensive than average in Algernon Road, SE13 7AP.

Sale history

The most paid for a property in Algernon Road, SE13 7AP was £990,000 in 2023.

Date Price Change
Today's value* £872,000 5.6%
04 Nov 2020 £826,000 2.3%
27 Aug 2019 £807,500 230.6%
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP

Valuation details

125 Algernon Road has increased in price by £46,000 since it last sold in 2020 - this equates to a 1.5% rise each year.

At its last energy performance certificate inspection, it got an above average rating for this postcode with a score of 62 out of 100.

On a cost per square foot basis, this property is valued at 20% less than the other houses in this postcode.

Essential info

  • 3 bedroom freehold terraced house
  • 1,733 square feet
  • 36% bigger than the average property in this postcode
  • 17% more expensive than the average here

This property is currently valued at £503 per square foot - the average cost per square foot for this postcode is £627.

A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller garden (for more information see our valuation review) of this property.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £1,003,000.

Essential buying details

  • Built between 1900 and 1929, the property has sold three times over the last 29 years.

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £841k and £903k.

  • The property didn't turn out to be a great investment for the previous owner - returning on average 1.9% per annum.

Investment Performance
Annual change: 1.9%

The previous owner had the property for 1 year and 2 months, having purchased it in August 2019 for £807,500.

During this time, the price rose by £18,500 (2.3%), which equates to it increasing in value by 1.9% each year.

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

PropertyValuation
Ground Floor Flat, 137 Algernon Road
£361,000
137, Upper Floor
£416,000
117 Algernon Road, London, Lewisham, Greater London, SE13 7AP 117 Algernon Road, London
3 bed | 1195 sq. ft.
£755,000
147 Algernon Road, London
1238 sq.ft.
£806,000
99 Algernon Road, London
1345 sq.ft.
£810,000
125 Algernon Road, London, Lewisham, Greater London, SE13 7AP 125 Algernon Road, London
3 bed | 1733 sq. ft.
£872,000
145 Algernon Road, London, Lewisham, Greater London, SE13 7AP 145 Algernon Road, London
3 bed | 1475 sq. ft.
£991,000
161 Algernon Road, London, Lewisham, Greater London, SE13 7AP 161 Algernon Road, London
4 bed | 1464 sq. ft.
£1,012,000
89 Algernon Road, London, Lewisham, Greater London, SE13 7AP 89 Algernon Road, London
5 bed | 1227 sq. ft.
£1,032,000
103 Algernon Road, London, Lewisham, Greater London, SE13 7AP 103 Algernon Road, London
4 bed | 1875 sq. ft.
£1,054,000
OFFERS EXPECTED TO BE IN THE REGION OF:
£841k - £903k

Most likely sale price: £872k

Tell us about the condition of the property to get a more accurate valuation.

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

* 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 31/03/2024 - this was released on the 29/04/2024.