29 Falcon Grove, London, Wandsworth, Greater London, SW11 2SS

Flat
2
861 sq ft
238.4%
PROPERTY VALUATION
£
Last sold: October 2000
VALUATION RANGE
£425k - £465k
LOW OFFER | HIGH OFFER
PRICE CHANGE
£313,500
Percentage change: +238.4%
Good
Condition
Reasonable
Condition
Poor
Condition

At a sale price of £445k, we expect this property to be in poor condition based on its price per square foot.

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

29 Falcon Grove, London is a ground floor 2 bedroom flat spread over 861 square feet, making it one of the smaller properties here - it is ranked as the 13th most expensive property* in SW11 2SS, with a valuation of £445,000.

Since it last sold in October 2000 for £131,500, its value has increased by £313,500.

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

UPDATE VALUATION
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Essential buying details

  • Built between 1950 and 1966, the property has sold once 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 £425k and £465k.

  • This property has increased in price by £313,500 since it last sold in 2000 - this equates to a 5.3% rise each year.
  • This property only has one recorded sale since 1995 so it doesn't have a historic investment return or rating yet.

  • 52 flats have sold at an average price of £453,158 in SW11 2 over the last 12 months.

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Sale history

The most paid for a property in Falcon Grove, SW11 2SS was £2,220,000 in 2019.

Date Price Change
Today's value* £445,000 238.4%
24 Oct 2000 £131,500 -

The local market - SW11 2SS

  • The average property value here is £681,000.
    • Valuations range from £333,000 to £2,913,000.
    • Expect to pay £507 to £686 per square foot to live in SW11 2SS depending on the property's condition and size of its garden.
  • 6 properties have sold in SW11 2SS over the last 5 years.
  • Falcon Grove has 2 postcodes associated with it.
    • The average price of property in Falcon Grove is £641,954.
    • Property in Falcon Grove typically sells for between £564 and £764 per square foot.
    • Properties in Falcon Grove are currently valued at an average cost per square foot of £664.
238%
This property has increased in price by 238% since it last sold 23 years ago
35%
This property is 35% less expensive than average in Falcon Grove, SW11 2SS
  • At a sale price of £445k, we expect this property to be in a significantly worse condition than the neighbouring properties in the road.
  • This property has a lower cost per square foot than other properties in the road, which is why we think it is more likely to be in worse condition.

    However, a lower CPSF can also be caused by a low quality extension (or conservatory), a smaller garden, a lack of parking or if the property was previously sold through a partial ownership scheme etc.

  • At a valuation of £445k this property has a cost per square foot of £516 - this is substantially less than the average for the area (which is currently £664).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £572k. 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:
£333k
Average house price:
£681k
Most expensive:
£2.91M
29 Falcon Grove, London, Wandsworth, Greater London, SW11 2SS
29 Falcon Grove, London, Wandsworth, Greater London, SW11 2SS
29 Falcon Grove, London, Wandsworth, Greater London, SW11 2SS
29 Falcon Grove, London, Wandsworth, Greater London, SW11 2SS
29 Falcon Grove, London, Wandsworth, Greater London, SW11 2SS
29 Falcon Grove, London is a 2 bedroom flat with 861 square feet of internal space built between 1950 and 1966.
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Valuation details

The most likely sale price is £445,000 but at the lower end we think it should fetch a minimum of £425,000.

On a cost per square foot basis, this property is valued at 14% less than the other houses in this postcode.

A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller 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 £512,000.

UPDATE VALUATION
PropertyValuation
7B Falcon Grove, London, Wandsworth, Greater London, SW11 2SS 7B Falcon Grove, London
2 bed | 840 sq. ft.
£637,000
23 Falcon Grove, London
2 bed | 958 sq. ft.
£645,000
7 Falcon Grove, London, Wandsworth, Greater London, SW11 2SS 7 Falcon Grove, London
2 bed | 807 sq. ft.
£678,000
3 Falcon Grove, London
818 sq.ft.
£818,000
5 Falcon Grove, London
3 bed | 3240 sq. ft.
£2,913,000

How does this property compare?

  • Most likely sale price: £445,000.
    • Cost per squre foot: £516 (at a valuation of £445,000)
    • The average cost per square foot for this postcode is £597.
  • 2 bedroom leasehold flat.
    • 861 square feet.
    • 17% bigger than the average property in this postcode.
    • 35% less expensive than the average here.
  • Property energy rating: 69 (max. score 100).
    • This is similar to the average for this postcode.

The property market across SW11 2

  • The average price paid for a flat in the area SW11 2 over the past year is £453k.
  • Flats have been selling for £618 per square foot across SW11 2.
  • 52 flats have sold over the last 12 months (in the area coverring SW11 2).
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.