At a sale price of £18.27M, we expect this property to be in very good condition.
UPDATE CONDITION6 Durham Place, London is a 7 bedroom terraced house spread over 6,028 square feet, making it one of the largest properties here - it is ranked as the most expensive property* in SW3 4ET, with a valuation of £18,272,000.
Since it last sold in August 2019 for £16,000,000, its value has increased by £2,272,000.
If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £17.63M and £18.91M.
The property didn't turn out to be a great investment for the previous owner - returning on average -2.0% per annum.
16 terraced houses have sold at an average price of £4,866,075 over the last 12 months (in the area coverring SW3 4).
Built around 2007, the property has sold 5 times over the last 29 years.
6 Durham Place is substantially bigger than the average property in this postcode.
The most paid for a property in Durham Place, SW3 4ET was £17,750,000 in 2014.
Date | Price | Change |
---|---|---|
Today's value* | £18,272,000 | 14.2% |
30 Aug 2019 | £16,000,000 | 9.9% |
08 Aug 2014 | £17,750,000 | 184.0% |
10 Dec 2003 | £6,250,000 | 756.8% |
06 Apr 1998 | £729,500 | 75.6% |
07 Jan 1998 | £2,991,001 | - |
The most likely sale price is £18,272,000 but at the lower end we think it should fetch a minimum of £17,632,000.
On a cost per square foot basis, this property is valued at 11% more than the other houses in this postcode.
This property has increased in price by £2,272,000 since it last sold in 2019 - this equates to a 2.9% rise each year.
If the property has been refurbished or extended since it was last purchased, tell us about any home improvements to get a revised valuation.
A higher cost per square foot can indicate that the property is in a better condition than the other properties or that it has a bigger 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 £25,857,000.
Mortgage repayment calculatorThe previous owner had the property for 5 years, having purchased it in August 2014 for £17,750,000. They then sold it in August 2019 for £16,000,000
During this time, the price fell by £1,750,000 (-9.9%), which equates to it falling in value by -2% each year.
The property didn't turn out to be a great investment for the previous owner.
If the automated valuation doesn't look right you can create a custom valuation report by finding comparable properties near by to generate a fresh valuation.
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* Excluding properties that we've been unable to calculate a valuation for. ** Excludes property transactions that occurred before 1995.
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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 31/01/2024 - this was released on the 28/02/2024.