Apartment 19, 33 Greycoat Street, London, City Of Westminster, Greater London, SW1P 2QF

Flat
1119 sq ft
9.4%
PROPERTY VALUATION
£
Last sold: October 2019
VALUATION RANGE
£1.49M - £1.6M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£160,485
Percentage change: -9.4%
Good
Condition
Reasonable
Condition
Poor
Condition

At a sale price of £1.55M, we expect this property to be in very good condition based on its price per square foot.

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

Apartment 19, 33 Greycoat Street is a mid floor flat spread over 1,119 square feet, making it one of the largest properties here - it is ranked as the 4th most expensive property* in SW1P 2QF, with a valuation of £1,545,000.

Since it last sold in October 2019 for £1,705,485, its value has decreased by £160,485.

If home improvements have been made, ensure you update the valuation.

UPDATE VALUATION
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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 £1.49M and £1.6M.

  • This property has decreased in price by £160,485 since it last sold in 2019 - this equates to a 2.2% fall each year.
  • This property only has one recorded sale since 1995 so it doesn't have a historic investment return or rating yet.

  • 24 flats have sold at an average price of £800,233 in SW1P 2 over the last 12 months.

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Sale history

The most paid for a property in Greycoat Street, SW1P 2QF was £40,250,000 in 2017.

Date Price Change
Today's value* £1,545,000 9.4%
02 Oct 2019 £1,705,485 -
-9.4%
This property has fallen in price by -9.4% since it last sold 4 years ago
0%
This property is 0% less expensive than average in Greycoat Street, SW1P 2QF
  • At a sale price of £1.55M, we expect this property to be in a substantially better condition than the neighbouring properties in the road.
  • This property has a higher cost per square foot than other properties in the road, which is why we think it is more likely to be in good condition.

    This can be caused by it having recently been refurbished to a high standard although it could also be because the property has more appealing architecture, a bigger garden, more parking spaces or a garage etc.

  • At a valuation of £1.55M this property has a cost per square foot of £1,380 - this is substantially more than the average for the area (which is currently £1,043).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £1.17M. 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:
£354k
Average house price:
£1.55M
Most expensive:
£31.62M
Apartment 19, 33 Greycoat Street, London is a flat with 1,119 square feet of internal space.
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Valuation details

The most likely sale price is £1,545,000 but at the lower end we think it should fetch a minimum of £1,491,000.

On a cost per square foot basis, this property is valued at 20% more than the other houses in this postcode.

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 £1,777,000.

UPDATE VALUATION
PropertyValuation
Flat 12, Greycoat House, 27
549 sq.ft.
£582,000
Flat 3A, Greycoat House, 27
£636,000
Apartment 8, 33 Greycoat Street
452 sq.ft.
£640,000
Flat 17, Greycoat House, 27
1582 sq.ft.
£1,182,000
Apartment 7, 33 Greycoat Street
958 sq.ft.
£1,363,000

How does this property compare?

  • Most likely sale price: £1,545,000.
    • Cost per squre foot: £1,380 (at a valuation of £1,545,000)
    • The average cost per square foot for this postcode is £1151.
  • Leasehold flat.
    • 1,119 square feet.
    • 25% bigger than the average property in this postcode.
    • 0% less expensive than the average here.
  • Property energy rating: 80 (max. score 100).
    • This is above average for this postcode.

The local market - SW1P 2QF

  • The average property price for this postcode is £1,545,000.
    • Prices here range from £354,000 to £31,618,000.
    • Expect to pay £978 to £1,323 per square foot for property in SW1P 2QF.
  • 25 properties have sold in SW1P 2QF over the last 5 years.
  • Greycoat Street has 5 postcodes associated with it.
    • The average price of property in Greycoat Street is £981,181.
    • Property in Greycoat Street typically sells for between £887 and £1,199 per square foot.
    • Properties in Greycoat Street are currently valued at an average cost per square foot of £1,043.

The property market across SW1P 2

  • The average price paid for a flat in the area SW1P 2 over the past year is £800k.
  • Flats have been selling for £1,032 per square foot across SW1P 2.
  • 24 flats have sold over the last 12 months (in the area coverring SW1P 2).
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
Recent sales in the surrounding roads
Searching for recent sales near here

* 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.