Albion Riverside Building, 8, A31, Hester Road, London, Wandsworth, Greater London, SW11 4AJ

Flat
122.1%
PROPERTY VALUATION
£
Last sold: October 2006
VALUATION RANGE
£2.57M - £2.76M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£1,465,000
Percentage change: +122.1%

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

Albion Riverside Building, 8, A31 is a flat - it is ranked as the 23rd most expensive property* in SW11 4AJ, with a valuation of £2,665,000.

Since it last sold in October 2006 for £1,200,000, its value has increased by £1,465,000.

If home improvements have been made, ensure you update the valuation.

UPDATE VALUATION
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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 £2.57M and £2.76M.

  • This property has increased in price by £1,465,000 since it last sold in 2006 - this equates to a 4.7% rise each year.
  • The property turned out to be a reasonably good investment for the previous owner - returning on average 4.3% per annum.

  • 71 flats have sold at an average price of £1,041,267 in SW11 4 over the last 12 months.

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Sale history

The most paid for a property in Hester Road, SW11 4AJ was £12,200,000 in 2009.

Date Price Change
Today's value* £2,665,000 122.1%
31 Oct 2006 £1,200,000 13.2%
27 Nov 2003 £1,060,000 -
122%
This property has increased in price by 122% since it last sold 17 years ago
34%
This property is 34% less expensive than average in Hester Road, SW11 4AJ
  • 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 £3.84M.
  • This is based on it having an internal floor area of 2,537 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.
Prices start at:
£669k
Average house price:
£4.02M
Most expensive:
£24.51M
Albion Riverside Building, 8, A31, Hester Road, London is a flat.
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Valuation details

The most likely sale price is £2,665,000 but at the lower end we think it should fetch a minimum of £2,572,000.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £3,065,000.

UPDATE VALUATION
PropertyValuation
Albion Riverside Building, 8, A33
614 sq.ft.
£705,000
Albion Riverside Building, 8, A21
£2,349,000
Albion Riverside Building, 8, A34
1776 sq.ft.
£3,266,000
Albion Riverside Building, 8, A25
1991 sq.ft.
£4,405,000
Albion Riverside Building, 8, A2
3724 sq.ft.
£7,115,000
Investment Performance
Annual change: 4.3%

The previous owner had the property for 2 years, having purchased it in November 2003 for £1,060,000.

During this time, the price rose by £140,000 (13.2%), which equates to it increasing in value by 4.3% 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: £2,665,000.
  • Leasehold flat.

The local market - SW11 4AJ

  • The average property price for this postcode is £4,021,000.
    • Prices here range from £669,000 to £24,510,000.
    • Expect to pay £1,419 to £1,920 per square foot for property in SW11 4AJ.
  • 3 properties have sold in SW11 4AJ over the last 5 years.
  • Hester Road has 7 postcodes associated with it.
    • The average price of property in Hester Road is £2,813,251.
    • Property in Hester Road typically sells for between £1,286 and £1,740 per square foot.
    • Properties in Hester Road are currently valued at an average cost per square foot of £1,513.

The property market across SW11 4

  • The average price paid for a flat in the area SW11 4 over the past year is £1.04M.
  • Flats have been selling for £992 per square foot across SW11 4.
  • 71 flats have sold over the last 12 months (in the area coverring SW11 4).
What does it cost to live in this area?

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
Recent sales in the surrounding roads
Searching for recent sales near here

* 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.