Leasehold
Flat
-2%
Today's price
£2,939,000
Last sold: March 2016 @ £3,000,000
Investment rating

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

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Last updated: 30/09/2021

How much has this property changed in price since it was last sold?

Albion Riverside Building, 8, A34 is a leasehold flat - it is ranked as the 18th most expensive property in SW11 4AJ, with a valuation of £2,939,000.

Since it last sold in March 2016 for £3,000,000, its value has decreased by £61,000. You can refine the property valuation to take account of any home improvements by clicking here.

Sale history
See how prices have changed

Albion Riverside Building, 8, A34 has 4 transactions recorded with HM Land Registry. It is a mid-range property in SW11 4AJ, valued at £2,939,000.

The current owner bought the property in March 2016 for £3,000,000 and has lived here for 5 years.

Since the current owner purchased the property, its value has decreased by £61,000 (2%).

Date Price Change
Today's value £2,939,000 -2.0%
23 Mar 2016 £3,000,000 81.8%
23 Oct 2008 £1,650,000 -8.1%
31 Jul 2007 £1,795,000 58.8%
22 Dec 2003 £1,130,000 -

Latest sale analysis

Investment rating:

The previous owner bought this property for £1,650,000 in October 2008 and sold it for £3,000,000 in March 2016.

They owned the property for 7 years before selling it.

During this time, the price rose by £1,350,000 (81.8%), which equates to it increasing in value by 8.4% each year.

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

Sale frequency

There have been 9 sales in this postcode over the last ten years.

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Property price rank
Ranked 18th out of 33 on price in SW11 4AJ

We've compared this property to all the other properties in SW11 4AJ* and calculate that this property is the 18th most expensive property in this postcode.

Estimated price
£2.51M
Low
£2,939,000
Compared to average: -19%
£3.453M
High
Market valuation
Price range for SW11 4AJ
  • Lower end property: £611k
  • Average property: £3.646M
  • Higher end property: £22.093M
If the owner is keen to sell quickly they are more likely to realise the lower end of this valuation. This valuation range assumes that no home improvements have been carried out since the owner purchased the property.
How is this calculated?
Cost per square foot
£1,654
Against benchmark: +£104
Based on a valuation of £2,939,000 and having 1,776 square feet of habitable space.

Refurbishment

When a home is renovated, the cost per square foot will usually increase.

If the property was previously purchased in a bad state of repair, making home improvements throughout could increase its market value to between £2,886,000 and £3,970,000.

Fully refurbished

£2,886,000 - £3,970,000
If Albion Riverside Building, 8, A34 was previously purchased in a poor condition and then fully refurbished throughout, we would expect it to sit within a new price range starting at £2,886,000 and possibly fetching upto £3,970,000.

For a house to qualify for the fully refurbished valuation, we would expect the kitchen, bathroom(s), flooring, windows, doors and heating system to have been recently replaced to a high standard and be in very good condition.

All sales in SW11 4AJ
What are the other properties worth today?
AddressValuation
Albion Riverside Building, 8, A22 £722,000 (+46%)
Albion Riverside Building, 8, A43 £897,000 (+7%)
Albion Riverside Building, 8, A21 £2,109,000 (+0%)
Albion Riverside Building, 8, A34 £2,939,000 (-2%)
Albion Riverside Building, 8, A61 £3,089,000 (+6%)

Valuation details

Albion Riverside Building, 8, A34 valued at £2,939,000 is the 18th most expensive property in SW11 4AJ. If this property sold today, we estimate that it would most likely sell for £2,939,000 and sit within a price band ranging between £2,510,000 and £3,453,000.

At a market value of £2,939,000 and having 1776 square feet of internal floor space, this property today is valued at £1,654 per square foot. On this basis, this property is 7% more expensive than the average for SW11 4AJ (which stands at £1,550 per square foot in today's market).

The most expensive property in SW11 4AJ is valued at £22,093,000 in today's market whilst the cheapest is worth £611,000 - the average market value for properties here today is £3,645,970.

If the property was previously purchased in a bad state of repair, making home improvements throughout could increase its sale price to £3,970,000.

Please note, as this property has previously been sold on a lease, if the owner has renewed the lease, the value of the property could be significantly higher.

This property was newly built in 2003.

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Recent sales in the surrounding roads

Scanning for recent sales near here

* Excluding properties that we've been unable to calculate a valuation for.

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 (including reliability, currency or suitability) of the data and information contained on this website and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this website. The estimate of current value ranges provided on the website are based on a proprietary automated valuation estimate provided by The Move Market. Any estimated values ranges are current at the date of the publication only. It is computer generated and is not a professional appraisal of the subject property and should not be relied upon in lieu of appropriate professional advice. The accuracy of the methodology used to develop the valuation, the existence of the subject property, the accuracy of the estimate and all rule sets provided are estimates based on available data and are not guaranteed or warranted. The Move Market excludes all liability for any loss or damage arising in connection with the estimated value provided in this report.