31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN

Terraced
4
2691 sq ft
37%
PROPERTY VALUATION
£
Price change: +£1,742,000
Since last sold: October 2020
VALUATION RANGE
£6.17M - £6.62M
LOW OFFER | HIGH OFFER
Confidence: Medium
Good
Condition
Reasonable
Condition
Poor
Condition

At a sale price of £6.39M, we expect this property to be in very good condition.

UPDATE CONDITION

Property summary Last updated: 05/03/2024

Last updated: 05/03/2024

31 Old Church Street, London is a 4 bedroom terraced house spread over 2,691 square feet - it is ranked as the most expensive property* in SW3 5DN, with a valuation of £6,392,000.

Since it last sold in October 2020 for £4,650,000, its value has increased by £1,742,000.

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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 £6.17M and £6.62M.

  • The property didn't turn out to be a great investment for the previous owner - returning on average 1.5% per annum.

  • 9 terraced houses have sold at an average price of £5,607,222 over the last 12 months (in the area coverring SW3 5).

  • At a sale price of £6.39M, we expect this property to be in slightly better condition than the neighbouring properties.
  • This property has a higher cost per square foot than other properties in the area, 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 particularly pretty properties can also sell for a premium.
  • At a valuation of £6.39M it has a cost per square foot of £2,375, which is slightly more than the average for the area. The average cost per square foot for property in Old Church Street is £2,182.
  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £5.87M. 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:
£116k
Average house price:
£4.22M
Most expensive:
£72M
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37%
This property has increased in price by 37% since it last sold 3 years ago
0%
This property is 0% more expensive than average in Old Church Street, SW3 5DN

Sale history

The most paid for a property in Old Church Street, SW3 5DN was £4,650,000 in 2020.

Date Price Change
Today's value* £6,392,000 37.5%
14 Oct 2020 £4,650,000 17.0%
31 Mar 2010 £3,975,000 198.0%
31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN
31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN
31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN
31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN
31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN
31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN
31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN
31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN
31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN
31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN
31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN
31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN
31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN
31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN
31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN
31 Old Church Street, London, Kensington And Chelsea, Greater London, SW3 5DN
31 Old Church Street, London is a 4 bedroom terraced house with 2,691 square feet of internal space.
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Valuation details

The most likely sale price is £6,392,000 but at the lower end we think it should fetch a minimum of £6,168,000.

On a cost per square foot basis, this property is valued at 9% more than the other houses in this road.

This property has increased in price by £1,742,000 since it last sold in 2020 - this equates to a 9.6% 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.

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 (find out more here).

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £8,192,000.

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Investment Performance
Annual change: 1.5%

Was It A Good Investment?

The previous owner had the property for 10 years, having purchased it in March 2010 for £3,975,000.

During this time, the price rose by £675,000 (17%), which equates to it increasing in value by 1.5% each year.

The property didn't turn out to be a great investment for the previous owner.

How does this property compare?

  • Most likely sale price: £6,392,000.
    • Offers likely to be accepted between £6,168,000 and £6,616,000.
    • Cost per squre foot: £2,375 (at a valuation of £6,392,000) - the average cost per square foot for this postcode is £0.
  • 4 bedroom freehold terraced house.
    • 2,691 square feet.
  • Property energy rating: 52.
    • A score of 100 is the best energy rating a property can be given.

The local market - SW3 5DN

  • Only one property has sold in SW3 5DN over the last 5 years.
  • Old Church Street has 17 postcodes associated with it.
    • The average price of property in Old Church Street is £4,219,605.
    • Property in Old Church Street typically sells for between £1,855 and £2,509 per square foot.
    • Properties in Old Church Street are currently valued at an average cost per square foot of £2,182.

The property market across SW3 5

  • The average price paid for a terraced house in the area SW3 5 over the past year is £5.61M.
  • Terraced houses have been selling for £1,915 per square foot across SW3 5.
  • 9 terraced houses have sold over the last 12 months (in the area coverring SW3 5).
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.