At a sale price of £1.2M, we expect this property to be in very good condition.
UPDATE CONDITIONAlbion Riverside Building, 8, C82 is a 8th floor flat spread over 974 square feet, making it one of the smaller properties here - it is ranked as the 33rd most expensive property* in SW11 4AR, with a valuation of £1,204,000.
Since it last sold in March 2012 for £788,000, its value has increased by £416,000.
If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £1.16M and £1.25M.
The property turned out to be a reasonably good investment for the previous owner - returning on average 4.2% per annum.
68 flats have sold at an average price of £1,005,280 over the last 12 months (in the area coverring SW11 4).
Built between 2003 and 2006, the property has sold three times over the last 29 years.
Albion Riverside Building, 8, C82, Hester Road is substantially smaller than the average property in this postcode.
The most paid for a property in Hester Road, SW11 4AR was £6,350,000 in 2012.
Date | Price | Change |
---|---|---|
Today's value* | £1,204,000 | 52.8% |
30 Mar 2012 | £788,000 | 23.1% |
28 Feb 2007 | £640,000 | 15.3% |
29 Jan 2004 | £555,000 | - |
The most likely sale price is £1,204,000 but at the lower end we think it should fetch a minimum of £1,162,000.
On a cost per square foot basis, this property is valued at 9% less than the other houses in this postcode.
This property has increased in price by £416,000 since it last sold in 2012 - this equates to a 3.6% rise each year.
If the property has been refurbished or extended since it was last purchased, tell us about any home improvements to get a revised valuation.
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 £1,385,000.
Note: If the lease has less than 82 years remaining, the property valuation will start to drop rapidly (due to the cost of the lease renewal increasing significantly at this point).
Mortgage repayment calculatorThe previous owner had the property for 5 years, having purchased it in February 2007 for £640,000.
During this time, the price rose by £148,000 (23.1%), which equates to it increasing in value by 4.2% each year.
The property turned out to be a reasonably good investment for the previous owner.
If the automated valuation doesn't look right you can create a custom valuation report by finding comparable properties near by to generate a fresh valuation.
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* Excluding properties that we've been unable to calculate a valuation for. ** Excludes property transactions that occurred before 1995.
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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 31/01/2024 - this was released on the 28/02/2024.