7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY

Terraced
4
1227 sq ft
5.7%
PROPERTY VALUATION
£
Last sold: November 2022
VALUATION RANGE
£802k - £860k
LOW OFFER | HIGH OFFER
PRICE CHANGE
£45,000
Percentage change: +5.7%

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

7 Oaklands Place, London is a 4 bedroom terraced house spread over 1,227 square feet, making it one of the largest properties here - it is ranked as the most expensive property* in SW4 7BY, with a valuation of £831,000.

Since it last sold in November 2022 for £786,000, its value has increased by £45,000.

7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY

At a sale price of £831k, we expect this property to be in a reasonable condition based on its price per square foot.

11 terraced houses have sold at an average price of £984,086 in SW4 7 over the last 12 months.

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

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5.7%
This property has increased in price by 5.7% since it last sold 17 months ago
23%
This property is 23% more expensive than average in Oaklands Place, SW4 7BY

Essential buying details

  • Built between 1976 and 1982, the property has sold twice over the last 29 years.

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £802k and £860k.

  • The property didn't turn out to be a great investment for the previous owner - returning on average 0.0% per annum.

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Sale history

The most paid for a property in Oaklands Place, SW4 7BY was £786,000 in 2022.

Date Price Change
Today's value* £831,000 £45k 5.7%
07 Nov 2022 £786,000 £1k 0.1%
11 Feb 2019 £785,000 -
  • At a sale price of £831k, we expect this property to be in a similar condition to the neighbouring properties in the road.
  • This property has a similar cost per square foot as other properties in the road, which is why we think it is in a reasonable condition.

  • At a valuation of £831k this property has a cost per square foot of £677 - this is comparable with the average for properties for the area (which is currently £661).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £811k. 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 £561 to £760 per square foot to live in SW4 7BY depending on the property's condition and size of its garden.

The local market - Oaklands Place, SW4 7BY

  • The average property value here is £678,000.
    • Valuations range from £492,000 to £831,000.
  • 3 properties have sold in SW4 7BY over the last 5 years.
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY
7 Oaklands Place, London is a 4 bedroom terraced house with 1,227 square feet of internal space built between 1976 and 1982.
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Valuation details

The most likely sale price is £831,000 but at the lower end we think it should fetch a minimum of £802,000.

On a cost per square foot basis, this property is valued at 2% more than the other houses in this postcode.

4 bedroom freehold terraced house.
  • 1,227 square feet.
  • 20% bigger than the average property in this postcode.
  • 23% more expensive than the average here.

This property is currently valued at £677 per square foot - the average cost per square foot for this postcode is £661.

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 £956,000.

UPDATE VALUATION
Investment Performance
Annual change: %

The previous owner had the property for 3 years, having purchased it in February 2019 for £785,000.

During this time, the price rose by £1,000 (.1%), which equates to it increasing in value by % each year.

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

The sale on 07 November 2022 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
11 Oaklands Place, London, Lambeth, Greater London, SW4 7BY 11 Oaklands Place, London
3 bed | 786 sq. ft.
£492,000
3 Oaklands Place, London
1044 sq.ft.
£710,000
7 Oaklands Place, London, Lambeth, Greater London, SW4 7BY 7 Oaklands Place, London
4 bed | 1227 sq. ft.
£831,000

Energy rating - how does this property compare?

  • Property energy rating: 70 (max. score 100).
    • This is above average for this postcode.

The property market across SW4 7

  • The average price paid for a terraced house in the area SW4 7 over the past year is £984k.
  • Terraced houses have been selling for £762 per square foot across SW4 7.
  • 11 terraced houses have sold over the last 12 months (in the area coverring SW4 7).
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.