Adding a new kitchen could add £119k to the sale price.
This valuation does not take into account any home improvements or extensions made to the property.
UPDATE VALUATIONApartment 193, 3 Riverlight Quay is a flat - it is ranked as the 2nd most expensive property* in SW11 8BF, with a valuation of £1,593,000.
Since it last sold in July 2019 for £1,800,000, its value has decreased by £207,000.
25 flats have sold at an average price of £1,129,000 in SW11 8 over the last 12 months.
Get an updated valuation by simply telling us about any renovations made.
If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £1.54M and £1.65M.
The property turned out to be a reasonably good investment for the previous owner - returning on average 4.2% per annum.
The most paid for a property in Riverlight Quay, SW11 8BF was £2,725,000 in 2015.
| Date | Price | Change |
|---|---|---|
| Today's value* | £1,593,000 | £207k 11.5% |
| 18 Jul 2019 | £1,800,000 | £269k 17.6% |
| 06 Aug 2015 | £1,531,000 | - |
If we valued this property using the average cost per square foot (CPSF):
The previous owner had the property for 3 years, having purchased it in August 2015 for £1,531,000.
During this time, the price rose by £269,000 (17.6%), 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.
Most likely sale price: £1.59M
The most likely sale price is £1,593,000 but at the lower end we think it should fetch a minimum of £1,537,000.
This property has decreased in price by £207,000 since it last sold in 2019 - this equates to a 2.5% fall each year.
If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £2,377,000.
| Property | Valuation | ||
|---|---|---|---|
|
Apartment 163, 3 Riverlight Quay
|
£869,000 | ||
|
Apartment 170, 3 Riverlight Quay
|
£1,008,000 | ||
|
Apartment 166, 3 Riverlight Quay
|
£1,083,000 | ||
|
Apartment 196, 3 Riverlight Quay
|
£1,473,000 | ||
|
Apartment 193, 3 Riverlight Quay
|
£1,593,000 |
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:
We use multiple data sources to provide reliable property information to you.
Some of the data sources we use are:
* 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.
