9 Norfolk Place, London, City Of Westminster, Greater London, W2 1QL

Terraced
17.2%
PROPERTY VALUATION
£
Last sold: May 2020
VALUATION RANGE
£6.99M - £7.5M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£1,506,999
Percentage change: 17.2%

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

9 Norfolk Place, London is a terraced house - it is ranked as the 3rd most expensive property* in W2 1QL, with a valuation of £7,243,000.

Since it last sold in May 2020 for £8,749,999, its value has decreased by £1,506,999.

3 terraced houses have sold at an average price of £3,900,000 in W2 1 over the last 12 months.

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

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17.2%
This property has fallen in price by -17.2% since it last sold 3 years ago
31%
This property is 31% more expensive than average in Norfolk Place, W2 1QL

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £6.99M and £7.5M.

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

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Sale history

The most paid for a property in Norfolk Place, W2 1QL was £8,749,999 in 2020.

Date Price Change
Today's value* £7,243,000 £1.51M 17.2%
07 May 2020 £8,749,999 -
  • 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 £762k.
  • This is based on it having an internal floor area of 581 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.
  • 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.

The local market - Norfolk Place, W2 1QL

  • The average property value here is £5,549,000.
    • Valuations range from £468,000 to £7,243,000.
  • 3 properties have sold in W2 1QL over the last 5 years.
  • Norfolk Place has 4 postcodes associated with it.
    • The average price of property in Norfolk Place is £2,153,200.
    • Property in Norfolk Place typically sells for between £1,114 and £1,508 per square foot.
    • Properties in Norfolk Place are currently valued at an average cost per square foot of £1,311.
9 Norfolk Place, London is a terraced house.
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Valuation details

The most likely sale price is £7,243,000 but at the lower end we think it should fetch a minimum of £6,989,000.

Freehold terraced house.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £9,655,000.

UPDATE VALUATION
PropertyValuation
Third Floor Flat, 12 Norfolk Place
£468,000
11 Norfolk Place, London
£7,243,000
10 Norfolk Place, London
£7,243,000
9 Norfolk Place, London
£7,243,000

Energy rating - how does this property compare?

The property market across W2 1

  • The average price paid for a terraced house in the area W2 1 over the past year is £3.9M.
  • Terraced houses have been selling for £1,575 per square foot across W2 1.
  • 3 terraced houses have sold over the last 12 months (in the area coverring W2 1).
What does it cost to live in this area?
Recent sales in the surrounding roads
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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.