Apartment 120, Warwick Building, 366, Queenstown Road, London, Wandsworth, Greater London, SW8 4NL

Flat
560 sq ft
126.7%
PROPERTY VALUATION
£
Last sold: May 2006
VALUATION RANGE
£390k - £426k
LOW OFFER | HIGH OFFER
PRICE CHANGE
£228,000
Percentage change: +126.7%

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

Apartment 120, Warwick Building, 366 is a 7th floor flat spread over 560 square feet, making it one of the bigger properties here - it is ranked as the 47th most expensive property* in SW8 4NL, with a valuation of £408,000.

Since it last sold in May 2006 for £180,000, its value has increased by £228,000.

At a sale price of £408k, we expect this property to be in poor condition (or is significantly less desirable for some other reason) based on its price per square foot.

33 flats have sold at an average price of £523,682 in SW8 4 over the last 12 months.

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

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127%
This property has increased in price by 127% since it last sold 17 years ago
30%
This property is 30% less expensive than average in Queenstown Road, SW8 4NL

Essential buying details

  • Built between 1991 and 1995, the property has sold twice over the last 29 years.

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £390k and £426k.

  • The property didn't turn out to be a great investment for the previous owner - returning on average -3.9% per annum.

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Sale history

The most paid for a property in Queenstown Road, SW8 4NL was £710,000 in 2015.

Date Price Change
Today's value* £408,000 £228k 126.7%
02 May 2006 £180,000 -£11400 6.0%
14 Oct 2004 £191,400 -
  • At a sale price of £408k, we expect this property to be in a significantly worse condition than the neighbouring properties in the postcode.
  • This property has a lower cost per square foot than other properties in the road, which is why we think it is more likely to be in worse condition.

    However, a lower CPSF can also be caused by a low quality extension (or conservatory), a smaller garden, a lack of parking or if the property was previously sold through a partial ownership scheme etc.

  • At a valuation of £408k this property has a cost per square foot of £728 - this is substantially less than the average for the area (which is currently £1,119).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £627k. 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.
  • Expect to pay £951 to £1,286 per square foot to live in SW8 4NL depending on the property's condition and size of its garden.

The local market - Queenstown Road, SW8 4NL

  • The average property value here is £583,000.
    • Valuations range from £244,000 to £913,000.
  • No properties have sold in SW8 4NL over the last 5 years.
Apartment 120, Warwick Building, 366, Queenstown Road, London is a flat with 560 square feet of internal space built between 1991 and 1995.
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Recent sales

10 MOST RECENT SALES IN SW8 4NL

Apartment 120, Warwick Building, 366, Queenstown Road is a fraction bigger than the average property in this postcode.

Valuation details

The most likely sale price is £408,000 but at the lower end we think it should fetch a minimum of £390,000.

On a cost per square foot basis, this property is valued at 35% less than the other houses in this postcode.

Leasehold flat.
  • 560 square feet.
  • 5% bigger than the average property in this postcode.
  • 30% less expensive than the average here.

This property is currently valued at £728 per square foot - the average cost per square foot for this postcode is £1119.

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 £687,000.

UPDATE VALUATION
Investment Performance
Annual change: -3.9%

The previous owner had the property for 1 year and 6 months, having purchased it in October 2004 for £191,400. They then sold it in May 2006 for £180,000

During this time, the price fell by £11,400 (-6%), which equates to it falling in value by -3.9% each year.

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

PropertyValuation
Apartment 148, Warwick Building, 366
£526,000
Apartment 102, Warwick Building, 366
549 sq.ft.
£567,000
Apartment 151, Warwick Building, 366
£594,000
Apartment 139, Warwick Building, 366
£632,000
Apartment 103, Warwick Building, 366
£732,000

Energy rating - how does this property compare?

  • Property energy rating: 78 (max. score 100).
    • This is similar to the average for this postcode.

The property market across SW8 4

  • The average price paid for a flat in the area SW8 4 over the past year is £524k.
  • Flats have been selling for £718 per square foot across SW8 4.
  • 33 flats have sold over the last 12 months (in the area coverring SW8 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.