Property valuation
Albion Riverside Building, 8, C62, Hester Road, London, Wandsworth, Greater London, SW11 4AR
Leasehold
Flat
115.6%
Today's price
£1,175,000
Last sold: September 2006 @ £545,000
Investment rating

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

Refine valuation
Last updated: 3 days ago

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

Albion Riverside Building, 8, C62 is a leasehold flat - it is ranked as the 39th most expensive property in SW11 4AR, with a valuation of £1,175,000.

Since it last sold in September 2006 for £545,000, its value has increased by £630,000. You can refine the property valuation to take account of any home improvements by clicking here.

Sale history

Albion Riverside Building, 8, C62 has 2 transactions recorded with HM Land Registry - its market value today is £1,175,000.

The current owner bought the property in September 2006 for £545,000 and has lived here for 14 years.

Date Price Change
Today's value £1,175,000 £630,000 115.6%
22 Sep 2006 £545,000 £17,500 3.3%
29 Jan 2004 £527,500 -

Since the current owner purchased the property, its value has increased by £630,000 (115.6%).

This valuation doesn't take account of any home improvements - see below for a fully refurbished valuation.

Latest sale analysis

Investment rating:

The previous owner bought this property for £527,500 in January 2004 and sold it for £545,000 in September 2006.

They owned the property for 2 years before selling it.

During this time, the price rose by £17,500 (3.3%), which equates to it increasing in value by 1.2% each year.

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

Property price rank
Ranked 39th out of 53 on price in SW11 4AR

We've compared this property to all the other properties in SW11 4AR* and calculate that this property is the 39th most expensive property in this postcode.

Estimated price
£906k
Low
£1,175,000
Compared to average: -42%
£1.66M
High

This property is 42% less expensive than average in this postcode.

There have been 18 sales in this postcode over the last ten years - the most recent property sold for £5,950,000.

The price that this house will sell for will be partly determined by how quickly the owner wants to sell, as well as the buyer's desire for this particular property.

If the owner is keen to move quickly, they are more likely to sell at the lower end of this valuation (£906,000). This valuation range assumes that no home improvements have been carried out since the owner purchased the property.

Cost per square foot
£-
The average cost per square foot (CPSF) in SW11 4AR is £1,397.
We'd expect most properties here to have a CPSF between £1,187 and £1,606.
Valuation review

Refurbishment

When a home is renovated, the price that a buyer is typically prepared to pay will increase.

Fully refurbished valuation

£1.041M
Low end expectation
£1.909M
Higher end potential
If Albion Riverside Building, 8, C62 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 £1,041,000 and possibly fetching upto £1,909,000.
Most recent sales in this postcode
What are the other properties worth?
AddressValuation
Albion Riverside Building, 8, C74 £833,000 (+11%)
Albion Riverside Building, 8, C64 £945,000 (+18%)
Albion Riverside Building, 8, C52 £1,109,000 (+23%)
Albion Riverside Building, 8, C26 £2,015,000 (+12%)
Albion Riverside Building, 8, C4 £7,249,000 (+22%)
Property price range - SW11 4AR
  • Lower end property: £704k
  • Average property: £2.029M
  • Higher end property: £7.249M
All sales in SW11 4AR

Albion Riverside Building, 8, C62 valued at £1,175,000 is the 39th most expensive property in SW11 4AR. If this property sold today, we estimate that it would most likely sell for £1,175,000 and sit within a price band ranging between £906,000 and £1,660,000.

The most expensive property in SW11 4AR is valued at £7,249,000 in today's market whilst the cheapest is worth £704,000 - the average market value for properties here today is £2,028,566.

If the property was previously purchased in a bad state of repair, making home improvements throughout could increase its sale price to £1,909,000.

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 2004.

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.