3D Claverton Street, London, City Of Westminster, Greater London, SW1V 3AY

Flat
1076 sq ft
8%
PROPERTY VALUATION
£
Last sold: March 2020
VALUATION RANGE
£790k - £848k
LOW OFFER | HIGH OFFER
PRICE CHANGE
£71,000
Percentage change: -8%

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

UPDATE VALUATION

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

3D Claverton Street, London is a 3rd floor flat spread over 1,076 square feet, making it one of the largest properties here - it is ranked as the 3rd most expensive property* in SW1V 3AY, with a valuation of £819,000.

Since it last sold in March 2020 for £890,000, its value has decreased by £71,000.

At a sale price of £819k, 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.

31 flats have sold at an average price of £587,000 in SW1V 3 over the last 12 months.

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

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8%
This property has fallen in price by -8% since it last sold 4 years ago
46%
This property is 46% more expensive than average in Claverton Street, SW1V 3AY

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £790k and £848k.

  • The property turned out to be a good investment for the previous owner - returning on average 5.9% per annum.

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Sale history

The most paid for a property in Claverton Street, SW1V 3AY was £965,000 in 2005.

Date Price Change
Today's value* £819,000 £71k 8.0%
30 Mar 2020 £890,000 £580k 187.1%
26 Oct 2001 £310,000 -
  • At a sale price of £819k, 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 £819k this property has a cost per square foot of £761 - this is substantially less than the average for the area (which is currently £959).

If we valued this property using the average cost per square foot (CPSF):

  • Using the average CPSF for properties just in the postcode - it would be worth £995k.
  • Using the average CPSF for the whole road - it would be worth £1.03M.

The local market - Claverton Street, SW1V 3AY

  • The average property value here is £560,000.
    • Valuations range from £10,000 to £1,823,000.
  • 8 properties have sold in SW1V 3AY over the last 5 years.
  • Claverton Street has 3 postcodes associated with it.
    • The average price of property in Claverton Street is £648,865.
    • Property in Claverton Street typically sells for between £815 and £1,103 per square foot.
    • Properties in Claverton Street are currently valued at an average cost per square foot of £959.
3D Claverton Street, London is a flat with 1,076 square feet of internal space.
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OFFERS EXPECTED TO BE IN THE REGION OF:
£790k - £848k

Most likely sale price: £819k

How does this property compare to others in Claverton Street, SW1V 3AY?
46% MORE | 84% BIGGER

Adding a new kitchen could add £61k to the sale price.

Valuation details

The most likely sale price is £819,000 but at the lower end we think it should fetch a minimum of £790,000.

This property has decreased in price by £71,000 since it last sold in 2020 - this equates to a 2% fall each year.

On a cost per square foot basis, this property is valued at 18% less than the other houses in this postcode.

Essential info

  • Leasehold flat
  • 1,076 square feet
  • 84% bigger than the average property in this postcode
  • 46% more expensive than the average here

This property is currently valued at £760 per square foot - the average cost per square foot for this postcode is £925.

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 £942,000.

Investment Performance
Annual change: 5.9%

The previous owner had the property for 18 years, having purchased it in October 2001 for £310,000.

During this time, the price rose by £580,000 (187.1%), which equates to it increasing in value by 5.9% each year.

The property turned out to be a good investment for the previous owner.

The sale on 30 March 2020 was recorded as a non-residential transaction. This can be because a commercial mortgage was used, the property was repossessed or the owner extended the lease etc.

PropertyValuation
1A - 1D, Claverton Street, London, City Of Westminster, Greater London, SW1V 3AY 1A - 1D, Claverton Street
1 bed
£397,000
11 Claverton Street, London
598 sq.ft.
£473,000
Basement Flat, 21 Claverton Street
£549,000
3A Claverton Street, London, City Of Westminster, Greater London, SW1V 3AY 3A Claverton Street, London
743 sq.ft.
£702,000
Flat 1, 5, Claverton Street
£810,000

Energy rating - how does this property compare?

  • Property energy rating: 72 (max. score 100).
    • This is above average for this postcode.

The property market across SW1V 3

  • The average price paid for a flat in the area SW1V 3 over the past year is £587k.
  • Flats have been selling for £859 per square foot across SW1V 3.
  • 31 flats have sold over the last 12 months (in the area coverring SW1V 3).
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.