42 Lower Belgrave Street, London, City Of Westminster, Greater London, SW1W 0LN

Flat
5
3860 sq ft
9.8%
PROPERTY VALUATION
£
Last sold: April 2019
VALUATION RANGE
£2.48M - £2.66M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£280,000
Percentage change: -9.8%

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

42 Lower Belgrave Street, London is a 5 bedroom flat spread over 3,860 square feet, making it one of the bigger properties here - it is ranked as the 5th most expensive property* in SW1W 0LN, with a valuation of £2,570,000.

Since it last sold in April 2019 for £2,850,000, its value has decreased by £280,000.

42 Lower Belgrave Street, London, City Of Westminster, Greater London, SW1W 0LN

At a sale price of £2.57M, 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 £2.48M and £2.66M.

  • This property has decreased in price by £280,000 since it last sold in 2019 - this equates to a 2.1% fall each year.

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

  • 13 flats have sold at an average price of £2,373,615 in SW1W 0 over the last 12 months.

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Sale history

The most paid for a property in Lower Belgrave Street, SW1W 0LN was £6,830,000 in 2020.

Date Price Change
Today's value* £2,570,000 9.8%
30 Apr 2019 £2,850,000 -

The local market - Lower Belgrave Street, SW1W 0LN

  • The average property value here is £4,116,000.
    • Valuations range from £1,342,000 to £6,361,000.
  • 4 properties have sold in SW1W 0LN over the last 5 years.
  • Lower Belgrave Street has 5 postcodes associated with it.
    • The average price of property in Lower Belgrave Street is £3,184,458.
    • Property in Lower Belgrave Street typically sells for between £1,400 and £1,894 per square foot.
    • Properties in Lower Belgrave Street are currently valued at an average cost per square foot of £1,647.
-9.8%
This property has fallen in price by -9.8% since it last sold 4 years ago
38%
This property is 38% less expensive than average in Lower Belgrave Street, SW1W 0LN
  • At a sale price of £2.57M, 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 £2.57M this property has a cost per square foot of £665 - this is substantially less than the average for the area (which is currently £1,647).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £6.36M. 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 £1,318 to £1,783 per square foot to live in SW1W 0LN 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:
£1.34M
Average house price:
£4.12M
Most expensive:
£6.36M
42 Lower Belgrave Street, London, City Of Westminster, Greater London, SW1W 0LN
42 Lower Belgrave Street, London, City Of Westminster, Greater London, SW1W 0LN
42 Lower Belgrave Street, London, City Of Westminster, Greater London, SW1W 0LN
42 Lower Belgrave Street, London, City Of Westminster, Greater London, SW1W 0LN
42 Lower Belgrave Street, London, City Of Westminster, Greater London, SW1W 0LN
42 Lower Belgrave Street, London, City Of Westminster, Greater London, SW1W 0LN
42 Lower Belgrave Street, London, City Of Westminster, Greater London, SW1W 0LN
42 Lower Belgrave Street, London, City Of Westminster, Greater London, SW1W 0LN
42 Lower Belgrave Street, London, City Of Westminster, Greater London, SW1W 0LN
42 Lower Belgrave Street, London, City Of Westminster, Greater London, SW1W 0LN
42 Lower Belgrave Street, London is a 5 bedroom flat with 3,860 square feet of internal space.
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Valuation details

The most likely sale price is £2,570,000 but at the lower end we think it should fetch a minimum of £2,480,000.

On a cost per square foot basis, this property is valued at 57% 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 £3,690,000.

UPDATE VALUATION
PropertyValuation
42 Lower Belgrave Street, London, City Of Westminster, Greater London, SW1W 0LN 42 Lower Belgrave Street, London
5 bed | 3860 sq. ft.
£2,570,000
22 Lower Belgrave Street, London
2895 sq.ft.
£3,921,000
26 Lower Belgrave Street, London, City Of Westminster, Greater London, SW1W 0LN 26 Lower Belgrave Street, London
4 bed | 2852 sq. ft.
£4,694,000
30 Lower Belgrave Street, London, City Of Westminster, Greater London, SW1W 0LN 30 Lower Belgrave Street, London
1 bed | 3735 sq. ft.
£5,807,000
32 Lower Belgrave Street, London, City Of Westminster, Greater London, SW1W 0LN 32 Lower Belgrave Street, London
5 bed | 3853 sq. ft.
£6,361,000

How does this property compare?

  • Most likely sale price: £2,570,000.
    • Cost per squre foot: £665 (at a valuation of £2,570,000)
    • The average cost per square foot for this postcode is £1551.
  • 5 bedroom leasehold flat.
    • 3,860 square feet.
    • 12% bigger than the average property in this postcode.
    • 38% less expensive than the average here.
  • Property energy rating: 48 (max. score 100).
    • This is below average for this postcode.

The property market across SW1W 0

  • The average price paid for a flat in the area SW1W 0 over the past year is £2.37M.
  • Flats have been selling for £1,586 per square foot across SW1W 0.
  • 13 flats have sold over the last 12 months (in the area coverring SW1W 0).
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.