16B Arlington Street, London, City Of Westminster, Greater London, SW1A 1RD

Flat
71.9%
PROPERTY VALUATION
£
Last sold: October 2018
VALUATION RANGE
£3.11M - £3.34M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£1,348,000
Percentage change: +71.9%

Adding a new kitchen could add £242k to the sale price.

This valuation does not take into account any home improvements or extensions made to the property.

UPDATE VALUATION

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

16B Arlington Street, London is a flat - it is ranked as the 9th most expensive property* in SW1A 1RD, with a valuation of £3,223,000.

Since it last sold in October 2018 for £1,875,000, its value has increased by £1,348,000.

2 flats have sold at an average price of £3,940,000 in SW1A 1 over the last 12 months.

Get an updated valuation by simply telling us about any renovations made.

72%
This property has increased in price by 72% since it last sold 5 years ago
64%
This property is 64% less expensive than average in Arlington Street, SW1A 1RD

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £3.11M and £3.34M.

  • The property turned out to be a amazing investment for the previous owner - returning on average 37.3% per annum.

Sale history

The most paid for a property in Arlington Street, SW1A 1RD was £9,300,000 in 2015.

Date Price Change
Today's value* £3,223,000 £1.35M 71.9%
12 Oct 2018 £1,875,000 £525k 38.9%
29 Sep 2017 £1,350,000 -
Recent sales in the surrounding roads
Searching for recent sales near here

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 £10.47M.
  • Using the average CPSF for the whole road - it would be worth £12.14M.

This assumes that the property has an internal floor area of 2,102 square feet.

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.

The local market - Arlington Street, SW1A 1RD

  • The average property value here is £9,029,000.
    • Valuations range from £3,223,000 to £14,331,000.
  • No properties have sold in SW1A 1RD over the last 5 years.
  • Arlington Street has 5 postcodes associated with it.
    • The average price of property in Arlington Street is £12,714,846.
    • Property in Arlington Street typically sells for between £4,908 and £6,640 per square foot.
    • Properties in Arlington Street are currently valued at an average cost per square foot of £5,774.
Investment Performance
Annual change: 37.3%

The previous owner had the property for 1 year, having purchased it in September 2017 for £1,350,000.

During this time, the price rose by £525,000 (38.9%), which equates to it increasing in value by 37.3% each year.

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

The two most recent sales have been recorded as a non-residential transactions. This could be because a commercial mortgage was used, the property was repossessed or the owner extended the lease etc.

16B Arlington Street, London is a flat.
OFFERS EXPECTED TO BE IN THE REGION OF:
£3.11M - £3.34M

Most likely sale price: £3.22M

How does this property compare to others in Arlington Street, SW1A 1RD?
64% LESS

Valuation details

The most likely sale price is £3,223,000 but at the lower end we think it should fetch a minimum of £3,110,000.

This property has increased in price by £1,348,000 since it last sold in 2018 - this equates to a 10.3% rise each year.

Essential info

  • Leasehold flat

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £6,060,000.

PropertyValuation
16B Arlington Street, London
£3,223,000
16C Arlington Street, London
£4,847,000
Apartment G, 11 Arlington Street
£5,690,000
Flat 1, Ryger House, 11
1464 sq.ft.
£11,785,000
The Gatehouse, 16, Arlington Street
£14,331,000

The property market across SW1A 1

  • The average price paid for a flat in the area SW1A 1 over the past year is £3.94M.
  • Flats have been selling for £1,778 per square foot across SW1A 1.
  • 2 flats have sold over the last 12 months (in the area coverring SW1A 1).
What does it cost to live in this area?

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 29/02/2024 - this was released on the 28/03/2024.