29 Wilton Crescent, London, City Of Westminster, Greater London, SW1X 8SA

Terraced
6286 sq ft
-14%
PROPERTY VALUATION
£
Price change: -£2,372,000
Since last sold: November 2018
VALUATION RANGE
£14.6M - £15.66M
LOW OFFER | HIGH OFFER
Confidence: Medium
Good
Condition
Reasonable
Condition
Poor
Condition

At a sale price of £15.13M, we expect this property to be in a reasonable condition.

UPDATE CONDITION

Property summary Last updated: 05/03/2024

Last updated: 05/03/2024

29 Wilton Crescent, London is a terraced house spread over 6,286 square feet, making it one of the bigger properties here - it is ranked as the 3rd most expensive property* in SW1X 8SA, with a valuation of £15,128,000.

Since it last sold in November 2018 for £17,500,000, its value has decreased by £2,372,000.

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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 £14.6M and £15.66M.

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

  • 6 terraced houses have sold at an average price of £3,978,333 over the last 12 months (in the area coverring SW1X 8).

  • At a sale price of £15.13M, we expect this property to be in slightly worse condition than the neighbouring properties.
  • This property has a lower cost per square foot than other properties in the area, which is why we think it is more likely to be in worse condition. This can be caused by a lack of general upkeep but it can also arise if the property has had a low quality extension. Typically houses with conservatory's often have a lower cost per square foot as whilst these make the property bigger, they tend to be cheaper to build and less usable.
  • At a valuation of £15.13M it has a cost per square foot of £2,406, which is slightly less than the average for the area. The average cost per square foot for property here is £2,610.
  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £16.41M. 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:
£1.12M
Average house price:
£8.11M
Most expensive:
£24.55M
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-13.6%
This property has fallen in price by -13.6% since it last sold 5 years ago
87%
This property is 87% more expensive than average in Wilton Crescent, SW1X 8SA

Sale history

The most paid for a property in Wilton Crescent, SW1X 8SA was £25,500,000 in 2019.

Date Price Change
Today's value* £15,128,000 13.6%
30 Nov 2018 £17,500,000 -
29 Wilton Crescent, London is a terraced house with 6,286 square feet of internal space.
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Valuation details

The most likely sale price is £15,128,000 but at the lower end we think it should fetch a minimum of £14,599,000.

On a cost per square foot basis, this property is valued at 8% less than the other houses in this postcode.

This property has decreased in price by £2,372,000 since it last sold in 2018 - this equates to a 2.7% fall 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.

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 £21,500,000.

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How does this property compare?

  • Most likely sale price: £15,128,000.
    • Offers likely to be accepted between £14,599,000 and £15,657,000.
    • Cost per squre foot: £2,406 (at a valuation of £15,128,000) - the average cost per square foot for this postcode is £2610.
  • Freehold terraced house.
    • 6,286 square feet.
  • Property energy rating: 56.
    • This is below average for this postcode.
    • A score of 100 is the best energy rating a property can be given.

The local market - SW1X 8SA

  • The average property price for this postcode is £8,106,000.
    • Prices here range from £1,122,000 to £24,549,000.
    • Expect to pay £2,218 to £3,001 per square foot for property in SW1X 8SA.
  • 4 properties have sold in SW1X 8SA over the last 5 years.
  • Wilton Crescent has 3 postcodes associated with it.
    • The average price of property in Wilton Crescent is £5,734,734.
    • Property in Wilton Crescent typically sells for between £1,699 and £2,299 per square foot.
    • Properties in Wilton Crescent are currently valued at an average cost per square foot of £1,999.

The property market across SW1X 8

  • The average price paid for a terraced house in the area SW1X 8 over the past year is £3.98M.
  • Terraced houses have been selling for £2,344 per square foot across SW1X 8.
  • 6 terraced houses have sold over the last 12 months (in the area coverring SW1X 8).
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.