At a sale price of £8.12M, we expect this property to be in very good condition.
UPDATE CONDITIONAlbion Riverside Building, 8, D1 is a property spread over 5,586 square feet, making it one of the largest properties here - it is ranked as the 2nd most expensive property* in SW11 4AW, with a valuation of £8,118,000.
Since it last sold in May 2023 for £8,325,000, its value has decreased by £207,000.
If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £7.83M and £8.4M.
The property didn't turn out to be a great investment for the previous owner - returning on average 2.7% per annum.
79 properties have sold at an average price of £1,175,607 over the last 12 months (in the area coverring SW11 4).
Built between 2003 and 2006, the property has sold twice over the last 29 years.
Albion Riverside Building, 8, D1, Hester Road is significantly bigger than the average property in this postcode.
The most paid for a property in Hester Road, SW11 4AW was £15,500,000 in 2015.
Date | Price | Change |
---|---|---|
Today's value* | £8,118,000 | 2.5% |
18 May 2023 | £8,325,000 | 52.8% |
31 May 2007 | £5,450,000 | - |
The most likely sale price is £8,118,000 but at the lower end we think it should fetch a minimum of £7,834,000.
On a cost per square foot basis, this property is valued at 9% more than the other houses in this postcode.
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 higher cost per square foot can indicate that the property is in a better condition than the other properties or that it has a bigger 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 £9,336,000.
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 15 years, having purchased it in May 2007 for £5,450,000.
During this time, the price rose by £2,875,000 (52.8%), which equates to it increasing in value by 2.7% each year.
The property didn't turn out to be a great investment for the previous owner.
The sale on 18 May 2023 was recorded as a non-residential transaction. This can be because a commercial mortgage was used, the property was repossessed or the owner extended the lease etc.
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.
Create valuation reportWorking out a property's valuation can be tricky but we are here to help you get the information you need to know before putting in an offer.
* 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 31/01/2024 - this was released on the 28/02/2024.