9 Oakley Street, London, Kensington And Chelsea, Greater London, SW3 5NN

Terraced
5
2659 sq ft
31%
PROPERTY VALUATION
£
Price change: +£1,224,000
Since last sold: June 2019
VALUATION RANGE
£4.95M - £5.3M
LOW OFFER | HIGH OFFER
Confidence: High
Good
Condition
Reasonable
Condition
Poor
Condition

At a sale price of £5.12M, we expect this property to be in a reasonable condition.

UPDATE CONDITION

Property summary Last updated: 05/03/2024

Last updated: 05/03/2024

9 Oakley Street, London is a 5 bedroom terraced house spread over 2,659 square feet, making it one of the largest properties here - it is ranked as the 2nd most expensive property* in SW3 5NN, with a valuation of £5,124,000.

Since it last sold in June 2019 for £3,900,000, its value has increased by £1,224,000.

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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 £4.95M and £5.3M.

  • The property turned out to be a reasonably good investment for the previous owner - returning on average 4.4% per annum.

  • 9 terraced houses have sold at an average price of £5,607,222 over the last 12 months (in the area coverring SW3 5).

  • At a sale price of £5.12M, we expect this property to be in a similar condition to the neighbouring properties.
  • Most properties in the local area tend to sell within quite a small price range when using the cost per square foot as the valuation method - this property is within the normal expected price range for this area and it is why we think it is in a reasonable condition.
  • At a valuation of £5.12M it has a cost per square foot of £1,927, which is comparable with the average for properties for the area. The average cost per square foot for property here is £1,915.
  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £5.09M. 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.
Prices start at:
£580k
Average house price:
£1.51M
Most expensive:
£5.46M
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31%
This property has increased in price by 31% since it last sold 4 years ago
239%
This property is 239% more expensive than average in Oakley Street, SW3 5NN

Sale history

The most paid for a property in Oakley Street, SW3 5NN was £4,665,000 in 2018.

Date Price Change
Today's value* £5,124,000 31.4%
07 Jun 2019 £3,900,000 73.3%
07 Sep 2006 £2,250,000 55.2%
9 Oakley Street, London, Kensington And Chelsea, Greater London, SW3 5NN
9 Oakley Street, London, Kensington And Chelsea, Greater London, SW3 5NN
9 Oakley Street, London, Kensington And Chelsea, Greater London, SW3 5NN
9 Oakley Street, London, Kensington And Chelsea, Greater London, SW3 5NN
9 Oakley Street, London, Kensington And Chelsea, Greater London, SW3 5NN
9 Oakley Street, London, Kensington And Chelsea, Greater London, SW3 5NN
9 Oakley Street, London, Kensington And Chelsea, Greater London, SW3 5NN
9 Oakley Street, London, Kensington And Chelsea, Greater London, SW3 5NN
9 Oakley Street, London, Kensington And Chelsea, Greater London, SW3 5NN
9 Oakley Street, London, Kensington And Chelsea, Greater London, SW3 5NN
9 Oakley Street, London, Kensington And Chelsea, Greater London, SW3 5NN
9 Oakley Street, London, Kensington And Chelsea, Greater London, SW3 5NN
9 Oakley Street, London, Kensington And Chelsea, Greater London, SW3 5NN
9 Oakley Street, London, Kensington And Chelsea, Greater London, SW3 5NN
9 Oakley Street, London, Kensington And Chelsea, Greater London, SW3 5NN
9 Oakley Street, London is a 5 bedroom terraced house with 2,659 square feet of internal space.
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Valuation details

The most likely sale price is £5,124,000 but at the lower end we think it should fetch a minimum of £4,945,000.

On a cost per square foot basis, this property is valued the same as the other houses in this postcode.

This property has increased in price by £1,224,000 since it last sold in 2019 - this equates to a 5.8% 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 £7,216,000.

Mortgage repayment calculator
Investment Performance
Annual change: 4.4%

Was It A Good Investment?

The previous owner had the property for 12 years, having purchased it in September 2006 for £2,250,000.

During this time, the price rose by £1,650,000 (73.3%), which equates to it increasing in value by 4.4% each year.

The property turned out to be a reasonably good investment for the previous owner.

How does this property compare?

  • Most likely sale price: £5,124,000.
    • Offers likely to be accepted between £4,945,000 and £5,303,000.
    • Cost per squre foot: £1,927 (at a valuation of £5,124,000) - the average cost per square foot for this postcode is £1915.
  • 5 bedroom freehold terraced house.
    • 2,659 square feet.
  • Property energy rating: 58.
    • This is below average for this postcode.
    • A score of 100 is the best energy rating a property can be given.

The local market - SW3 5NN

  • The average property price for this postcode is £1,509,000.
    • Prices here range from £580,000 to £5,456,000.
    • Expect to pay £1,627 to £2,202 per square foot for property in SW3 5NN.
  • 7 properties have sold in SW3 5NN over the last 5 years.
  • Oakley Street has 9 postcodes associated with it.
    • The average price of property in Oakley Street is £1,993,615.
    • Property in Oakley Street typically sells for between £1,582 and £2,140 per square foot.
    • Properties in Oakley Street are currently valued at an average cost per square foot of £1,861.

The property market across SW3 5

  • The average price paid for a terraced house in the area SW3 5 over the past year is £5.61M.
  • Terraced houses have been selling for £1,915 per square foot across SW3 5.
  • 9 terraced houses have sold over the last 12 months (in the area coverring SW3 5).
What does it cost to live in this area?

Valuation accuracy

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Things to check before buying a new home

Working out a property's valuation can be tricky but we are here to help you get the information you need to know before putting in an offer.

* 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 31/01/2024 - this was released on the 28/02/2024.