Adding a new kitchen could add £273k to the sale price.
This valuation does not take into account any home improvements or extensions made to the property.
UPDATE VALUATION12 St Lukes Street, London is a 3 bedroom terraced house spread over 1,636 square feet, making it one of the smaller properties here - it is ranked as the 8th most expensive property* in SW3 3RS, with a valuation of £3,641,000.
Since it last sold in September 2020 for £2,856,500, its value has increased by £784,500.
At a sale price of £3.64M, we expect this property to be in a reasonable condition based on its price per square foot.
12 terraced houses have sold at an average price of £4,042,000 in SW3 3 over the last 12 months.
Get an updated valuation by simply telling us about any renovations made.
Built between 1900 and 1929, the property has sold four 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 £3.51M and £3.77M.
The property didn't turn out to be a great investment for the previous owner - returning on average 3.2% per annum.
The most paid for a property in St Lukes Street, SW3 3RS was £7,325,000 in 2020.
| Date | Price | Change |
|---|---|---|
| Today's value* | £3,641,000 | £785k 27.5% |
| 18 Sep 2020 | £2,856,500 | £1.01M 54.8% |
| 08 Dec 2006 | £1,845,000 | £450k 32.3% |
| 13 Aug 2004 | £1,395,000 | £670k 92.4% |
| 28 Aug 1998 | £725,000 | - |
This property has a similar cost per square foot as other properties in the road, which is why we think it is in a reasonable condition.
At a valuation of £3.64M this property has a cost per square foot of £2,225 - this is comparable with the average for properties for the area (which is currently £2,147).
If we valued this property using the average cost per square foot (CPSF):
The previous owner had the property for 13 years, having purchased it in December 2006 for £1,845,000.
During this time, the price rose by £1,011,500 (54.8%), which equates to it increasing in value by 3.2% each year.
The property didn't turn out to be a great investment for the previous owner.
Most likely sale price: £3.64M
12 St Lukes Street is marginally smaller than the average property in this postcode.
The most likely sale price is £3,641,000 but at the lower end we think it should fetch a minimum of £3,514,000.
This property has increased in price by £784,500 since it last sold in 2020 - this equates to a 7% rise each year.
On a cost per square foot basis, this property is valued at 2% more than the other houses in this postcode.
This property is currently valued at £2,225 per square foot - the average cost per square foot for this postcode is £2181.
A higher cost per square foot can indicate that the property is in a better condition than the other properties or that it has a bigger 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 £4,565,000.
| Property | Valuation | ||
|---|---|---|---|
|
9 St Lukes Street, London
1378 sq.ft. |
£2,585,000 | ||
|
1A St Lukes Street, London
1755 sq.ft. |
£3,550,000 | ||
 |
10 St Lukes Street, London
4 bed | 1550 sq. ft. |
£3,738,000 | |
|
2 St Lukes Street, London
1938 sq.ft. |
£3,917,000 | ||
|
14 St Lukes Street, London
2174 sq.ft. |
£5,187,000 |
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:
We use multiple data sources to provide reliable property information to you.
Some of the data sources we use are:
* 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 29/02/2024 - this was released on the 28/03/2024.
