Apartment 37, Cascade Court, 1, Sopwith Way, London, Wandsworth, Greater London, SW11 8NS

Flat
872 sq ft
9.1%
PROPERTY VALUATION
£
Last sold: December 2019
VALUATION RANGE
£1.43M - £1.53M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£148,000
Percentage change: 9.1%

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 37, Cascade Court, 1 is a 9th floor flat spread over 872 square feet, making it one of the bigger properties here - it is ranked as the 9th most expensive property* in SW11 8NS, with a valuation of £1,477,000.

Since it last sold in December 2019 for £1,625,000, its value has decreased by £148,000.

At a sale price of £1.48M, we expect this property to be in very good condition (or is significantly more desirable for some other reason) based on its price per square foot.

25 flats have sold at an average price of £1,128,700 in SW11 8 over the last 12 months.

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

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9.1%
This property has fallen in price by -9.1% since it last sold 4 years ago
15%
This property is 15% more expensive than average in Sopwith Way, SW11 8NS

Essential buying details

  • Built around 2012, 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 £1.43M and £1.53M.

  • The property didn't turn out to be a great investment for the previous owner - returning on average 3.0% per annum.

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Sale history

The most paid for a property in Sopwith Way, SW11 8NS was £3,496,000 in 2016.

Date Price Change
Today's value* £1,477,000 £148k 9.1%
11 Dec 2019 £1,625,000 £140k 9.4%
16 Nov 2016 £1,485,000 -
  • At a sale price of £1.48M, 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 £1.48M this property has a cost per square foot of £1,693 - this is substantially more than the average for the area (which is currently £1,343).

  • 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.
  • Expect to pay £1,258 to £1,703 per square foot to live in SW11 8NS depending on the property's condition and size of its garden.

The local market - Sopwith Way, SW11 8NS

  • The average property value here is £1,284,000.
    • Valuations range from £556,000 to £2,875,000.
  • 4 properties have sold in SW11 8NS over the last 5 years.
  • Sopwith Way has 4 postcodes associated with it.
    • The average price of property in Sopwith Way is £1,190,365.
    • Property in Sopwith Way typically sells for between £1,142 and £1,544 per square foot.
    • Properties in Sopwith Way are currently valued at an average cost per square foot of £1,343.
Apartment 37, Cascade Court, 1, Sopwith Way, London is a flat with 872 square feet of internal space built around 2012.
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Recent sales

10 MOST RECENT SALES IN SW11 8NS

Apartment 37, Cascade Court, 1, Sopwith Way is marginally bigger than the average property in this postcode.

Valuation details

The most likely sale price is £1,477,000 but at the lower end we think it should fetch a minimum of £1,425,000.

On a cost per square foot basis, this property is valued at 14% more than the other houses in this postcode.

Leasehold flat.
  • 872 square feet.
  • 8% bigger than the average property in this postcode.
  • 15% more expensive than the average here.

This property is currently valued at £1,694 per square foot - the average cost per square foot for this postcode is £1481.

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 £2,124,000.

UPDATE VALUATION
Investment Performance
Annual change: 3%

The previous owner had the property for 3 years, having purchased it in November 2016 for £1,485,000.

During this time, the price rose by £140,000 (9.4%), which equates to it increasing in value by 3% each year.

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

The sale on 16 November 2016 was recorded as a non-residential transaction. This could be because a commercial mortgage was used, the property was repossessed or the owner extended the lease etc.

PropertyValuation
Apartment 52, Cascade Court, 1
£1,294,000
Apartment 23, Cascade Court, 1
£1,344,000
Apartment 37, Cascade Court, 1
872 sq.ft.
£1,477,000
Apartment 38, Cascade Court, 1
990 sq.ft.
£1,484,000
Apartment 6, Cascade Court, 1
£1,612,000

Energy rating - how does this property compare?

  • Property energy rating: 83 (max. score 100).
    • This is similar to the average for this postcode.

The property market across SW11 8

  • The average price paid for a flat in the area SW11 8 over the past year is £1.13M.
  • Flats have been selling for £1,230 per square foot across SW11 8.
  • 25 flats have sold over the last 12 months (in the area coverring SW11 8).
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.