The property turned out to be a reasonably good investment for the previous owner.
32 Ilminster Gardens, London is a 4 bedroom leasehold flat - it is ranked as the 3rd most expensive property in SW11 1PF, with a valuation of £1,765,000.
Since it last sold in July 2020 for £1,799,000, its value has decreased by £34,000. You can refine the property valuation to take account of any home improvements by clicking here.
32 Ilminster Gardens, London has 3 transactions recorded with HM Land Registry. It is a mid-range property in SW11 1PF, valued at £1,765,000.
The current owner bought the property in July 2020 for £1,799,000 and has lived here for less than one year.
Since the current owner purchased the property, its value has decreased by £34,000 (1.9%).
| Date | Price | Change |
|---|---|---|
| Today's value | £1,765,000 | -1.9% |
| 30 Jul 2020 | £1,799,000 | 19.9% |
| 16 Dec 2016 | £1,500,000 | 69.8% |
| 27 Jan 2006 | £883,200 | - |
The previous owner bought this property for £1,500,000 in December 2016 and sold it for £1,799,000 in July 2020.
They owned the property for 3 years before selling it.
During this time, the price rose by £299,000 (19.9%), which equates to it increasing in value by 5.1% each year.
The property turned out to be a reasonably good investment for the previous owner.
There have been 2 sales in this postcode over the last ten years.
When a home is renovated, the cost per square foot will usually increase.
If the property was previously purchased in a bad state of repair, making home improvements throughout could increase its market value to between £1,917,000 and £2,256,000.
For a house to qualify for the fully refurbished valuation, we would expect the kitchen, bathroom(s), flooring, windows, doors and heating system to have been recently replaced to a high standard and be in very good condition.
| Address | Valuation | |
|---|---|---|
| 28 Ilminster Gardens, London | £1,097,000 (+266%) | |
| 36 Ilminster Gardens, London | £1,687,000 (+69%) | |
| 32 Ilminster Gardens, London | £1,765,000 (-2%) | |
| 26 Ilminster Gardens, London | £1,778,000 (+98%) | |
| Flat 1, 22 Ilminster Gardens | £1,974,000 (+58%) |
32 Ilminster Gardens, London valued at £1,765,000 is the 3rd most expensive property in SW11 1PF. If this property sold today, we estimate that it would most likely sell for £1,765,000 and sit within a price band ranging between £1,667,000 and £1,962,000.
At a market value of £1,765,000 and having 2390 square feet of internal floor space, this property today is valued at £738 per square foot. On this basis, this property is 3% more expensive than the average for SW11 1PF (which stands at £718 per square foot in today's market).
The most expensive property in SW11 1PF is valued at £1,974,000 in today's market whilst the cheapest is worth £1,097,000 - the average market value for properties here today is £1,621,250.
If the property was previously purchased in a bad state of repair, making home improvements throughout could increase its sale price to £2,256,000.
Please note, as this property has previously been sold on a lease, if the owner has renewed the lease, the value of the property could be significantly higher.
This property was newly built in 2006.
MoreWe offer a few different methods for valuing property - pricing property often still needs some human input to ensure that you're arriving at a sensible price. Make sure you compare local properties and use your judgement to produce a more accurate valuation.
To get the best valuation, sometimes it's best to:
* Excluding properties that we've been unable to calculate a valuation for.
