27 Ovington Court, 197 - 205, Brompton Road, London, Kensington And Chelsea, Greater London, SW3 1LB

Flat
548%
PROPERTY VALUATION
£
Price change: +£1,452,000
Since last sold: August 1997
VALUATION RANGE
£1.66M - £1.78M
LOW OFFER | HIGH OFFER
Confidence: High
UPDATE CONDITION

Property summary Last updated: 05/03/2024

Last updated: 05/03/2024

27 Ovington Court, 197 - 205, Brompton Road is a flat - it is ranked as the 25th most expensive property* in SW3 1LB, with a valuation of £1,717,000.

Since it last sold in August 1997 for £265,000, its value has increased by £1,452,000.

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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 £1.66M and £1.78M.

  • This property only has one recorded sale since 1995 so it doesn't have a historic investment return or rating yet.

  • 10 flats have sold at an average price of £1,644,595 over the last 12 months (in the area coverring SW3 1).

  • If this property is similar in size to the average property here - utilising the average cost per square foot, we would expect it to have a valuation of £2.1M.
  • This is based on it having an internal floor area of 853 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.
  • 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:
£252k
Average house price:
£2.21M
Most expensive:
£5.24M
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548%
This property has increased in price by 548% since it last sold 26 years ago
22%
This property is 22% less expensive than average in Brompton Road, SW3 1LB

10 MOST RECENT SALES - SW3 1LB

Sale history

The most paid for a property in Brompton Road, SW3 1LB was £2,475,000 in 2019.

Date Price Change
Today's value* £1,717,000 547.9%
20 Aug 1997 £265,000 -
27 Ovington Court, 197 - 205, Brompton Road, London is a flat.
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Valuation details

The most likely sale price is £1,717,000 but at the lower end we think it should fetch a minimum of £1,657,000.

This property has increased in price by £1,452,000 since it last sold in 1997 - this equates to a 7.3% rise 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.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £2,981,000.

Note: If the lease has less than 82 years remaining, the property valuation will start to drop rapidly (due to the cost of the lease renewal increasing significantly at this point).

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How does this property compare?

  • Most likely sale price: £1,717,000.
    • Offers likely to be accepted between £1,657,000 and £1,777,000.
  • Leasehold flat.

The local market - SW3 1LB

  • The average property price for this postcode is £2,213,000.
    • Prices here range from £252,000 to £5,243,000.
    • Expect to pay £2,096 to £2,837 per square foot for property in SW3 1LB.
  • 5 properties have sold in SW3 1LB over the last 5 years.
  • Brompton Road has 18 postcodes associated with it.
    • The average price of property in Brompton Road is £2,116,519.
    • Property in Brompton Road typically sells for between £1,695 and £2,293 per square foot.
    • Properties in Brompton Road are currently valued at an average cost per square foot of £1,994.

The property market across SW3 1

  • The average price paid for a flat in the area SW3 1 over the past year is £1.65M.
  • Flats have been selling for £1,644 per square foot across SW3 1.
  • 10 flats have sold over the last 12 months (in the area coverring SW3 1).
What does it cost to live in this area?

Valuation accuracy

If the automated valuation doesn't look right you can create a custom valuation report by finding comparable properties near by to generate a fresh valuation.

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Things to check before buying a new home

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.