175 Elms Crescent, London, Lambeth, Greater London, SW4 8QQ

Terraced
2153 sq ft
20.8%
PROPERTY VALUATION
£
Last sold: February 2019
VALUATION RANGE
£2.1M - £2.25M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£374,000
Percentage change: +20.8%
Good
Condition
Reasonable
Condition
Poor
Condition

At a sale price of £2.17M, we expect this property to be in a reasonable condition based on its price per square foot.

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

175 Elms Crescent, London is a terraced house spread over 2,153 square feet, making it one of the bigger properties here - it is ranked as the most expensive property* in SW4 8QQ, with a valuation of £2,174,000.

Since it last sold in February 2019 for £1,800,000, its value has increased by £374,000.

If home improvements have been made, ensure you update the valuation.

UPDATE VALUATION
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Essential buying details

  • Built between 1900 and 1929, the property has sold twice 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 £2.1M and £2.25M.

  • This property has increased in price by £374,000 since it last sold in 2019 - this equates to a 3.7% rise each year.
  • The property turned out to be a really good investment for the previous owner - returning on average 7.1% per annum.

  • 5 terraced houses have sold at an average price of £1,388,000 in SW4 8 over the last 12 months.

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Sale history

The most paid for a property in Elms Crescent, SW4 8QQ was £2,000,000 in 2022.

Date Price Change
Today's value* £2,174,000 20.8%
15 Feb 2019 £1,800,000 190.3%
31 Jul 2003 £620,000 -

The local market - SW4 8QQ

  • The average property value here is £1,887,000.
    • Valuations range from £1,440,000 to £2,174,000.
    • Expect to pay £831 to £1,124 per square foot to live in SW4 8QQ depending on the property's condition and size of its garden.
  • 5 properties have sold in SW4 8QQ over the last 5 years.
  • Elms Crescent has 15 postcodes associated with it.
    • The average price of property in Elms Crescent is £1,478,378.
    • Property in Elms Crescent typically sells for between £813 and £1,099 per square foot.
    • Properties in Elms Crescent are currently valued at an average cost per square foot of £956.
21%
This property has increased in price by 21% since it last sold 5 years ago
15%
This property is 15% more expensive than average in Elms Crescent, SW4 8QQ
  • At a sale price of £2.17M, we expect this property to be in a similar condition to the neighbouring properties in the road.
  • 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 £2.17M this property has a cost per square foot of £1,009 - this is comparable with the average for properties for the area (which is currently £956).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £2.06M. 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:
£1.44M
Average house price:
£1.89M
Most expensive:
£2.17M
175 Elms Crescent, London is a terraced house with 2,153 square feet of internal space built between 1900 and 1929.
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Valuation details

The most likely sale price is £2,174,000 but at the lower end we think it should fetch a minimum of £2,098,000.

On a cost per square foot basis, this property is valued at 3% more than the other houses in this postcode.

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 £3,128,000.

UPDATE VALUATION
Investment Performance
Annual change: 7.1%

The previous owner had the property for 15 years, having purchased it in July 2003 for £620,000.

During this time, the price rose by £1,180,000 (190.3%), which equates to it increasing in value by 7.1% each year.

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

PropertyValuation
171 Elms Crescent, London, Lambeth, Greater London, SW4 8QQ 171 Elms Crescent, London
5 bed | 1894 sq. ft.
£1,920,000
153 Elms Crescent, London, Lambeth, Greater London, SW4 8QQ 153 Elms Crescent, London
4 bed | 2207 sq. ft.
£1,923,000
181 Elms Crescent, London, Lambeth, Greater London, SW4 8QQ 181 Elms Crescent, London
5 bed | 2217 sq. ft.
£1,951,000
165 Elms Crescent, London, Lambeth, Greater London, SW4 8QQ 165 Elms Crescent, London
4 bed | 2099 sq. ft.
£2,127,000
175 Elms Crescent, London
2153 sq.ft.
£2,174,000

How does this property compare?

  • Most likely sale price: £2,174,000.
    • Cost per squre foot: £1,009 (at a valuation of £2,174,000)
    • The average cost per square foot for this postcode is £978.
  • Freehold terraced house.
    • 2,153 square feet.
    • 5% bigger than the average property in this postcode.
    • 15% more expensive than the average here.
  • Property energy rating: 57 (max. score 100).
    • This is below average for this postcode.

The property market across SW4 8

  • The average price paid for a terraced house in the area SW4 8 over the past year is £1.39M.
  • Terraced houses have been selling for £814 per square foot across SW4 8.
  • 5 terraced houses have sold over the last 12 months (in the area coverring SW4 8).
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
Recent sales in the surrounding roads
Searching for recent sales near here

* 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.