Albion Riverside Building, 8, A54, Hester Road, London, Wandsworth, Greater London, SW11 4AJ

Flat
2077 sq ft
145.7%
PROPERTY VALUATION
£
Last sold: December 2003
VALUATION RANGE
£2.94M - £3.15M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£1,807,000
Percentage change: +145.7%

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

Albion Riverside Building, 8, A54 is a 5th floor flat spread over 2,077 square feet, making it one of the smaller properties here - it is ranked as the 21st most expensive property* in SW11 4AJ, with a valuation of £3,047,000.

Since it last sold in December 2003 for £1,240,000, its value has increased by £1,807,000.

At a sale price of £3.05M, we expect this property to be in a reasonable condition based on its price per square foot.

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

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

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146%
This property has increased in price by 146% since it last sold 20 years ago
24%
This property is 24% less expensive than average in Hester Road, SW11 4AJ

Essential buying details

  • Built between 2003 and 2006, the property has sold once 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 £2.94M and £3.15M.

  • 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 Hester Road, SW11 4AJ was £12,200,000 in 2009.

Date Price Change
Today's value* £3,047,000 £1.81M 145.7%
01 Dec 2003 £1,240,000 -
  • At a sale price of £3.05M, 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 £3.05M this property has a cost per square foot of £1,467 - this is comparable with the average for properties for the area (which is currently £1,513).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £3.14M. 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 £1,419 to £1,920 per square foot to live in SW11 4AJ depending on the property's condition and size of its garden.

The local market - Hester Road, SW11 4AJ

  • The average property value here is £4,021,000.
    • Valuations range from £669,000 to £24,510,000.
  • 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.
Albion Riverside Building, 8, A54, Hester Road, London is a flat with 2,077 square feet of internal space built between 2003 and 2006.
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Recent sales

10 MOST RECENT SALES IN SW11 4AJ

Albion Riverside Building, 8, A54, Hester Road is moderately smaller than the average property in this postcode.

Valuation details

The most likely sale price is £3,047,000 but at the lower end we think it should fetch a minimum of £2,940,000.

On a cost per square foot basis, this property is valued at 12% less than the other houses in this postcode.

Leasehold flat.
  • 2,077 square feet.
  • 18% smaller than the average property in this postcode.
  • 24% less expensive than the average here.

This property is currently valued at £1,466 per square foot - the average cost per square foot for this postcode is £1670.

A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller 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 £4,063,000.

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

Energy rating - how does this property compare?

  • Property energy rating: 72 (max. score 100).
    • This is similar to the average for this postcode.

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?
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.