15 Brompton Square, London, Kensington And Chelsea, Greater London, SW3 2AD

Terraced
3466 sq ft
-3%
PROPERTY VALUATION
£
Price change: -£395,000
Since last sold: November 2022
VALUATION RANGE
£11.2M - £12.01M
LOW OFFER | HIGH OFFER
Confidence: Medium
Good
Condition
Reasonable
Condition
Poor
Condition

At a sale price of £11.61M, we expect this property to be in very good condition.

UPDATE CONDITION

Property summary Last updated: 05/03/2024

Last updated: 05/03/2024

15 Brompton Square, London is a terraced house spread over 3,466 square feet, making it one of the bigger properties here - it is ranked as the 5th most expensive property* in SW3 2AD, with a valuation of £11,605,000.

Since it last sold in November 2022 for £12,000,000, its value has decreased by £395,000.

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Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £11.2M and £12.01M.

  • The property turned out to be a amazing investment for the previous owner - returning on average 23.2% per annum.

  • 17 terraced houses have sold at an average price of £4,428,294 over the last 12 months (in the area coverring SW3 2).

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

  • At a sale price of £11.61M, we expect this property to be in slightly better condition than the neighbouring properties.
  • This property has a higher cost per square foot than other properties in the area, which is why we think it is more likely to be in good condition. This can be caused by it having recently been refurbished to a high standard although particularly pretty properties can also sell for a premium.
  • At a valuation of £11.61M it has a cost per square foot of £3,348, which is slightly more than the average for the area. The average cost per square foot for property here is £3,049.
  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £10.57M. For it to sell for this amount, we would expect it to be in a similar state decoratively to the average property here and also have a similar sized plot of land.
  • We use survey data provided by RICS qualified surveyors to obtain the property's size. This is calculated in a slightly different way to how an estate agent will measure a property as it only includes habitable space.
  • To calculate the price per square foot, you divide the property's sale price by its total square footage.
Prices start at:
£169k
Average house price:
£6.15M
Most expensive:
£19.87M
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-3.3%
This property has fallen in price by -3.3% since it last sold 16 months ago
89%
This property is 89% more expensive than average in Brompton Square, SW3 2AD

Sale history

The most paid for a property in Brompton Square, SW3 2AD was £17,818,089 in 2020.

Date Price Change
Today's value* £11,605,000 3.3%
15 Nov 2022 £12,000,000 105.1%
05 Jun 2019 £5,850,000 -
15 Brompton Square, London is a terraced house with 3,466 square feet of internal space built between 1900 and 1929.
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Valuation details

The most likely sale price is £11,605,000 but at the lower end we think it should fetch a minimum of £11,199,000.

On a cost per square foot basis, this property is valued at 10% more than the other houses in this postcode.

This property has decreased in price by £395,000 since it last sold in 2022 - this equates to a 2.4% fall each year.

If the property has been refurbished or extended since it was last purchased, tell us about any home improvements to get a revised valuation.

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 £13,346,000.

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Investment Performance
Annual change: 23.2%

Was It A Good Investment?

The previous owner had the property for 3 years, having purchased it in June 2019 for £5,850,000.

During this time, the price rose by £6,150,000 (105.1%), which equates to it increasing in value by 23.2% each year.

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

The sale on 05 June 2019 was recorded as a non-residential transaction. This could be because a commercial mortgage was used, the property was repossessed or the owner extended the lease etc.

How does this property compare?

  • Most likely sale price: £11,605,000.
    • Offers likely to be accepted between £11,199,000 and £12,011,000.
    • Cost per squre foot: £3,348 (at a valuation of £11,605,000) - the average cost per square foot for this postcode is £3049.
  • Freehold terraced house.
    • 3,466 square feet.
  • Property energy rating: 63.
    • This is above average for this postcode.
    • A score of 100 is the best energy rating a property can be given.

The local market - SW3 2AD

  • The average property price for this postcode is £6,146,000.
    • Prices here range from £169,000 to £19,867,000.
    • Expect to pay £2,591 to £3,506 per square foot for property in SW3 2AD.
  • 9 properties have sold in SW3 2AD over the last 5 years.
  • Brompton Square has 5 postcodes associated with it.
    • The average price of property in Brompton Square is £5,796,298.
    • Property in Brompton Square typically sells for between £2,034 and £2,752 per square foot.
    • Properties in Brompton Square are currently valued at an average cost per square foot of £2,393.

The property market across SW3 2

  • The average price paid for a terraced house in the area SW3 2 over the past year is £4.43M.
  • Terraced houses have been selling for £2,210 per square foot across SW3 2.
  • 17 terraced houses have sold over the last 12 months (in the area coverring SW3 2).
What does it cost to live in this area?

Valuation accuracy

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Working out a property's valuation can be tricky but we are here to help you get the information you need to know before putting in an offer.

* 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 31/01/2024 - this was released on the 28/02/2024.