20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN

Terraced
2
872 sq ft
9%
PROPERTY VALUATION
£
Last sold: May 2020
VALUATION RANGE
£1.19M - £1.27M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£121,000
Percentage change: 9%

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

20 Balvaird Place, London is a 2 bedroom terraced house spread over 872 square feet, making it one of the smaller properties here - it is ranked as the 18th most expensive property* in SW1V 3SN, with a valuation of £1,229,000.

Since it last sold in May 2020 for £1,350,000, its value has decreased by £121,000.

20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN

At a sale price of £1.23M, we expect this property to be in very good condition (or is significantly more desirable for some other reason) based on its price per square foot.

3 terraced houses have sold at an average price of £995,000 in SW1V 3 over the last 12 months.

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

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9%
This property has fallen in price by -9% since it last sold 3 years ago
20%
This property is 20% less expensive than average in Balvaird Place, SW1V 3SN

Essential buying details

  • Built between 1996 and 2002, 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 £1.19M and £1.27M.

  • The property didn't turn out to be a great investment for the previous owner - returning on average 0.0% per annum.

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Sale history

The most paid for a property in Balvaird Place, SW1V 3SN was £2,300,000 in 2014.

Date Price Change
Today's value* £1,229,000 £121k 9.0%
18 May 2020 £1,350,000 £- 0.0%
18 May 2020 £1,350,000 £1.06M 357.6%
  • At a sale price of £1.23M, we expect this property to be in a substantially better condition than the neighbouring properties in the road.
  • This property has a higher cost per square foot than other properties in the road, 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 it could also be because the property has more appealing architecture, a bigger garden, more parking spaces or a garage etc.

  • At a valuation of £1.23M this property has a cost per square foot of £1,409 - this is substantially more than the average for the area (which is currently £1,041).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £908k. 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.
  • Expect to pay £857 to £1,160 per square foot to live in SW1V 3SN depending on the property's condition and size of its garden.

The local market - Balvaird Place, SW1V 3SN

  • The average property value here is £1,542,000.
    • Valuations range from £767,000 to £2,601,000.
  • 4 properties have sold in SW1V 3SN over the last 5 years.
20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN
20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN
20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN
20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN
20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN
20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN
20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN
20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN
20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN
20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN
20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN
20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN
20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN
20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN
20 Balvaird Place, London is a 2 bedroom terraced house with 872 square feet of internal space built between 1996 and 2002.
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Valuation details

The most likely sale price is £1,229,000 but at the lower end we think it should fetch a minimum of £1,186,000.

On a cost per square foot basis, this property is valued at 40% more than the other houses in this postcode.

2 bedroom freehold terraced house.
  • 872 square feet.
  • 40% smaller than the average property in this postcode.
  • 20% less expensive than the average here.

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 £1,413,000.

UPDATE VALUATION
Investment Performance
Annual change: %

The previous owner bought this property for £1,350,000 in May 2020 and sold it for the same price in May 2020, having owned it since May 2020 (less than 1 month).

The property didn't turn out to be a great 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.

PropertyValuation
8 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN 8 Balvaird Place, London
3 bed | 1119 sq. ft.
£1,160,000
6 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN 6 Balvaird Place, London
3 bed | 1173 sq. ft.
£1,202,000
3 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN 3 Balvaird Place, London
3 bed | 1378 sq. ft.
£1,218,000
20 Balvaird Place, London, City Of Westminster, Greater London, SW1V 3SN 20 Balvaird Place, London
2 bed | 872 sq. ft.
£1,229,000
11 Balvaird Place, London
4 bed | 1668 sq. ft.
£1,593,000

Energy rating - how does this property compare?

  • Property energy rating: 69 (max. score 100).
    • This is similar to the average for this postcode.

The property market across SW1V 3

  • The average price paid for a terraced house in the area SW1V 3 over the past year is £995k.
  • Terraced houses have been selling for £874 per square foot across SW1V 3.
  • 3 terraced houses have sold over the last 12 months (in the area coverring SW1V 3).
What does it cost to live in this area?
Recent sales in the surrounding roads
Searching for recent sales near here

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.