Albion Riverside Building, 8, C43, Hester Road, London, Wandsworth, Greater London, SW11 4AR

Flat
301.6%
PROPERTY VALUATION
£
Last sold: March 2005
VALUATION RANGE
£961k - £1.03M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£748,000
Percentage change: +301.6%

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, C43 is a flat - it is ranked as the 45th most expensive property* in SW11 4AR, with a valuation of £996,000.

Since it last sold in March 2005 for £248,000, its value has increased by £748,000.

71 flats have sold at an average price of £1,041,000 in SW11 4 over the last 12 months.

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

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302%
This property has increased in price by 302% since it last sold 19 years ago
54%
This property is 54% less expensive than average in Hester Road, SW11 4AR

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £961k and £1.03M.

  • The property didn't turn out to be a great investment for the previous owner - returning on average -26.8% per annum.

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Sale history

The most paid for a property in Hester Road, SW11 4AR was £6,350,000 in 2012.

Date Price Change
Today's value* £996,000 £748k 301.6%
01 Mar 2005 £248,000 -£227000 47.8%
29 Jan 2003 £475,000 -

If we valued this property using the average cost per square foot (CPSF):

  • Using the average CPSF for properties just in the postcode - it would be worth £2.18M.
  • Using the average CPSF for the whole road - it would be worth £2.19M.

This assumes that the property has an internal floor area of 1,445 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.

The local market - Hester Road, SW11 4AR

  • The average property value here is £2,179,000.
    • Valuations range from £762,000 to £8,052,000.
  • 8 properties have sold in SW11 4AR 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, C43, Hester Road, London is a flat.
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OFFERS EXPECTED TO BE IN THE REGION OF:
£961k - £1.03M

Most likely sale price: £996k

How does this property compare to others in Hester Road, SW11 4AR?
54% LESS

Adding a new kitchen could add £75k to the sale price.

Valuation details

The most likely sale price is £996,000 but at the lower end we think it should fetch a minimum of £961,000.

This property has increased in price by £748,000 since it last sold in 2005 - this equates to a 7.5% rise each year.

Essential info

  • Leasehold flat

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £1,264,000.

Investment Performance
Annual change: -26.8%

The previous owner had the property for 2 years, having purchased it in January 2003 for £475,000. They then sold it in March 2005 for £248,000

During this time, the price fell by £227,000 (-47.8%), which equates to it falling in value by -26.8% each year.

The property didn't turn out to be a great investment for the previous owner.

PropertyValuation
Albion Riverside Building, 8, C64
£912,000
Albion Riverside Building, 8, C32
926 sq.ft.
£1,012,000
Albion Riverside Building, 8, C53
1033 sq.ft.
£1,192,000
Albion Riverside Building, 8, C83
1076 sq.ft.
£1,226,000
Albion Riverside Building, 8, C63
969 sq.ft.
£1,296,000

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.