Apartment 1, 21 Chesham Place, London, Kensington And Chelsea, Greater London, SW1X 8HG

Flat
22.5%
PROPERTY VALUATION
£
Last sold: June 2019
VALUATION RANGE
£16.71M - £17.92M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£5,036,000
Percentage change: -22.5%

This valuation does not take into account any home improvements or extensions made to the property.

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

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

Apartment 1, 21 Chesham Place is a flat - it is ranked as the 6th most expensive property* in SW1X 8HG, with a valuation of £17,314,000.

Since it last sold in June 2019 for £22,350,000, its value has decreased by £5,036,000.

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Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £16.71M and £17.92M.

  • This property has decreased in price by £5,036,000 since it last sold in 2019 - this equates to a 5.1% fall each year.
  • This property only has one recorded sale since 1995 so it doesn't have a historic investment return or rating yet.

  • 12 flats have sold at an average price of £4,031,916 in SW1X 8 over the last 12 months.

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Sale history

The most paid for a property in Chesham Place, SW1X 8HG was £46,013,365 in 2014.

Date Price Change
Today's value* £17,314,000 22.5%
21 Jun 2019 £22,350,000 -

The local market - SW1X 8HG

  • The average property value here is £14,074,000.
    • Valuations range from £1,628,000 to £34,373,000.
    • Expect to pay £2,329 to £3,152 per square foot to live in SW1X 8HG depending on the property's condition and size of its garden.
  • Only one property has sold in SW1X 8HG over the last 5 years.
  • Chesham Place has 2 postcodes associated with it.
    • The average price of property in Chesham Place is £14,073,545.
    • Property in Chesham Place typically sells for between £2,522 and £3,412 per square foot.
    • Properties in Chesham Place are currently valued at an average cost per square foot of £2,967.
-22.5%
This property has fallen in price by -22.5% since it last sold 4 years ago
23%
This property is 23% more expensive than average in Chesham Place, SW1X 8HG
  • If this property is similar in size to the average property here - utilising the average cost per square foot, we would expect it to have a valuation of £10.74M.
  • This is based on it having an internal floor area of 3,618 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.
  • We use survey data provided by RICS qualified surveyors to obtain the property's size. This is calculated in a slightly different way to how an estate agent will measure a property as it only includes habitable space.
  • To calculate the price per square foot, you divide the property's sale price by its total square footage.
Prices start at:
£1.63M
Average house price:
£14.07M
Most expensive:
£34.37M
Apartment 1, 21 Chesham Place, London is a flat.
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Valuation details

The most likely sale price is £17,314,000 but at the lower end we think it should fetch a minimum of £16,708,000.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £21,743,000.

UPDATE VALUATION
PropertyValuation
Rear Basement Flat, 25 Chesham Place, London, Kensington And Chelsea, Greater London, SW1X 8HG Rear Basement Flat, 25 Chesham Place
2 bed | 1087 sq. ft.
£1,628,000
Flat 3, 28 Chesham Place
926 sq.ft.
£2,052,000
Flat 5, 28 Chesham Place
1033 sq.ft.
£2,424,000
Apartment 1, 21 Chesham Place
£17,314,000
Flat 1, 21 Chesham Place
5630 sq.ft.
£17,656,000

How does this property compare?

  • Most likely sale price: £17,314,000.
  • Offers likely to be accepted between £16,708,000 and £17,920,000.
  • Leasehold flat.

The property market across SW1X 8

  • The average price paid for a flat in the area SW1X 8 over the past year is £4.03M.
  • Flats have been selling for £1,984 per square foot across SW1X 8.
  • 12 flats have sold over the last 12 months (in the area coverring SW1X 8).
What does it cost to live in this area?

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.