5 Bakery Place, London, Wandsworth, Greater London, SW11 1AT

Flat
9.1%
PROPERTY VALUATION
£
Last sold: February 2023
VALUATION RANGE
£1.16M - £1.24M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£100,500
Percentage change: +9.1%

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

5 Bakery Place, London is a flat - it is ranked as the 5th most expensive property* in SW11 1AT, with a valuation of £1,199,000.

Since it last sold in February 2023 for £1,098,500, its value has increased by £100,500.

43 flats have sold at an average price of £728,555 in SW11 1 over the last 12 months.

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

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9.1%
This property has increased in price by 9.1% since it last sold 14 months ago
6%
This property is 6% more expensive than average in Bakery Place, SW11 1AT

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £1.16M and £1.24M.

  • The property didn't turn out to be a great investment for the previous owner - returning on average -1.3% per annum.

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Sale history

The most paid for a property in Bakery Place, SW11 1AT was £1,750,000 in 2017.

Date Price Change
Today's value* £1,199,000 £101k 9.1%
24 Feb 2023 £1,098,500 -£51500 4.5%
15 Aug 2019 £1,150,000 -
  • If this property is similar in size to the average property here - utilising the average cost per square foot, we would expect it to have a valuation of £1.28M.
  • This is based on it having an internal floor area of 1,178 square feet.
  • 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 £923 to £1,248 per square foot to live in SW11 1AT depending on the property's condition and size of its garden.

The local market - Bakery Place, SW11 1AT

  • The average property value here is £1,135,000.
    • Valuations range from £582,000 to £1,838,000.
  • 6 properties have sold in SW11 1AT over the last 5 years.
5 Bakery Place, London is a flat.
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Valuation details

The most likely sale price is £1,199,000 but at the lower end we think it should fetch a minimum of £1,157,000.

Leasehold flat.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £1,379,000.

UPDATE VALUATION
Investment Performance
Annual change: -1.3%

The previous owner had the property for 3 years, having purchased it in August 2019 for £1,150,000. They then sold it in February 2023 for £1,098,500

During this time, the price fell by £51,500 (-4.5%), which equates to it falling in value by -1.3% each year.

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

The sale on 15 August 2019 was recorded as a non-residential transaction. This could be because a commercial mortgage was used, the property was repossessed or the owner extended the lease etc.

PropertyValuation
6 Bakehouse, 2, Bakery Place
£908,000
3 Bakehouse, 2, Bakery Place
1119 sq.ft.
£1,172,000
5 Bakery Place, London
£1,199,000
4 Bakehouse, 2, Bakery Place
£1,210,000
7 Bakehouse, 2, Bakery Place
£1,838,000

Energy rating - how does this property compare?

The property market across SW11 1

  • The average price paid for a flat in the area SW11 1 over the past year is £729k.
  • Flats have been selling for £906 per square foot across SW11 1.
  • 43 flats have sold over the last 12 months (in the area coverring SW11 1).
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.