35 Wellington Square, London, Kensington And Chelsea, Greater London, SW3 4NR

Terraced
5
2723 sq ft
22.5%
PROPERTY VALUATION
£
Last sold: February 2020
VALUATION RANGE
£5.91M - £6.34M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£1,126,000
Percentage change: +22.5%

This valuation does not take into account any home improvements or extensions made to the property.

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

35 Wellington Square, London is a 5 bedroom terraced house spread over 2,723 square feet, making it one of the bigger properties here - it is ranked as the 7th most expensive property* in SW3 4NR, with a valuation of £6,126,000.

Since it last sold in February 2020 for £5,000,000, its value has increased by £1,126,000.

35 Wellington Square, London, Kensington And Chelsea, Greater London, SW3 4NR

At a sale price of £6.13M, we expect this property to be in poor condition (or is significantly less desirable for some other reason) based on its price per square foot.

Get an updated valuation by simply telling us about any renovations made.

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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 £5.91M and £6.34M.

  • This property has increased in price by £1,126,000 since it last sold in 2020 - this equates to a 5% rise each year.

  • The property didn't turn out to be a great investment for the previous owner - returning on average -2.6% per annum.

  • 14 terraced houses have sold at an average price of £5,000,514 in SW3 4 over the last 12 months.

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Sale history

The most paid for a property in Wellington Square, SW3 4NR was £6,000,000 in 2013.

Date Price Change
Today's value* £6,126,000 22.5%
11 Feb 2020 £5,000,000 11.9%
01 Apr 2015 £5,675,000 62.1%

The local market - Wellington Square, SW3 4NR

  • The average property value here is £6,495,000.
    • Valuations range from £4,533,000 to £7,980,000.
  • 4 properties have sold in SW3 4NR over the last 5 years.
  • Wellington Square has 2 postcodes associated with it.
    • The average price of property in Wellington Square is £7,142,913.
    • Property in Wellington Square typically sells for between £2,229 and £3,015 per square foot.
    • Properties in Wellington Square are currently valued at an average cost per square foot of £2,622.
23%
This property has increased in price by 23% since it last sold 4 years ago
6%
This property is 6% less expensive than average in Wellington Square, SW3 4NR
  • At a sale price of £6.13M, 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 £6.13M this property has a cost per square foot of £2,249 - this is substantially less than the average for the area (which is currently £2,622).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £7.14M. 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.
  • Expect to pay £2,328 to £3,149 per square foot to live in SW3 4NR depending on the property's condition and size of its garden.
  • 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:
£4.53M
Average house price:
£6.5M
Most expensive:
£7.98M
35 Wellington Square, London, Kensington And Chelsea, Greater London, SW3 4NR
35 Wellington Square, London, Kensington And Chelsea, Greater London, SW3 4NR
35 Wellington Square, London, Kensington And Chelsea, Greater London, SW3 4NR
35 Wellington Square, London, Kensington And Chelsea, Greater London, SW3 4NR
35 Wellington Square, London, Kensington And Chelsea, Greater London, SW3 4NR
35 Wellington Square, London is a 5 bedroom terraced house with 2,723 square feet of internal space.
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Valuation details

The most likely sale price is £6,126,000 but at the lower end we think it should fetch a minimum of £5,912,000.

On a cost per square foot basis, this property is valued at 18% 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 £8,015,000.

UPDATE VALUATION
Investment Performance
Annual change: -2.6%

The previous owner had the property for 4 years, having purchased it in April 2015 for £5,675,000. They then sold it in February 2020 for £5,000,000

During this time, the price fell by £675,000 (-11.9%), which equates to it falling in value by -2.6% each year.

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

PropertyValuation
25 Wellington Square, London, Kensington And Chelsea, Greater London, SW3 4NR 25 Wellington Square, London
5 bed
£4,533,000
22 Wellington Square, London
1796 sq.ft.
£5,763,000
33 Wellington Square, London, Kensington And Chelsea, Greater London, SW3 4NR 33 Wellington Square, London
6 bed | 2272 sq. ft.
£5,888,000
35 Wellington Square, London, Kensington And Chelsea, Greater London, SW3 4NR 35 Wellington Square, London
5 bed | 2723 sq. ft.
£6,126,000
24 Wellington Square, London, Kensington And Chelsea, Greater London, SW3 4NR 24 Wellington Square, London
4 bed | 2734 sq. ft.
£6,869,000

How does this property compare?

  • Most likely sale price: £6,126,000.
    • Cost per squre foot: £2,249 (at a valuation of £6,126,000)
    • The average cost per square foot for this postcode is £2739.
  • 5 bedroom freehold terraced house.
    • 2,723 square feet.
    • 13% bigger than the average property in this postcode.
    • 6% less expensive than the average here.
  • Property energy rating: 55 (max. score 100).
    • This is similar to the average for this postcode.

The property market across SW3 4

  • The average price paid for a terraced house in the area SW3 4 over the past year is £5M.
  • Terraced houses have been selling for £2,035 per square foot across SW3 4.
  • 14 terraced houses have sold over the last 12 months (in the area coverring SW3 4).
What does it cost to live in this area?
Recent sales in the surrounding roads
Searching for recent sales near here

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

* 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.