Apartment 8, 1 Queen Annes Gate, London, City Of Westminster, Greater London, SW1H 9AD

Flat
3046 sq ft
53.3%
PROPERTY VALUATION
£
Last sold: March 2020
VALUATION RANGE
£11.83M - £12.68M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£4,259,000
Percentage change: +53.3%

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 8, 1 Queen Annes Gate is a flat spread over 3,046 square feet, making it one of the largest properties here - it is ranked as the most expensive property* in SW1H 9AD, with a valuation of £12,254,000.

Since it last sold in March 2020 for £7,995,000, its value has increased by £4,259,000.

At a sale price of £12.25M, 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.

3 flats have sold at an average price of £754,333 in SW1H 9 over the last 12 months.

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

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53%
This property has increased in price by 53% since it last sold 4 years ago
110%
This property is 110% more expensive than average in Queen Annes Gate, SW1H 9AD

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £11.83M and £12.68M.

  • This property only has one recorded sale so it doesn't have a historic investment return or rating yet.

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Sale history

The most paid for a property in Queen Annes Gate, SW1H 9AD was £7,995,000 in 2020.

Date Price Change
Today's value* £12,254,000 £4.26M 53.3%
19 Mar 2020 £7,995,000 -
  • At a sale price of £12.25M, 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 £12.25M this property has a cost per square foot of £4,022 - this is substantially more than the average for the area (which is currently £2,939).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £8.95M. 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 £2,975 to £4,024 per square foot to live in SW1H 9AD depending on the property's condition and size of its garden.

The local market - Queen Annes Gate, SW1H 9AD

  • The average property value here is £5,825,000.
    • Valuations range from £2,110,000 to £12,254,000.
  • 6 properties have sold in SW1H 9AD over the last 5 years.
  • Queen Anne's Gate has 5 postcodes associated with it.
    • The average price of property in Queen Anne's Gate is £9,018,805.
    • Property in Queen Anne's Gate typically sells for between £2,498 and £3,380 per square foot.
    • Properties in Queen Anne's Gate are currently valued at an average cost per square foot of £2,939.
Apartment 8, 1 Queen Annes Gate, London is a flat with 3,046 square feet of internal space.
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Valuation details

The most likely sale price is £12,254,000 but at the lower end we think it should fetch a minimum of £11,825,000.

On a cost per square foot basis, this property is valued at 15% 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 £20,699,000.

UPDATE VALUATION
PropertyValuation
Apartment 19, 1 Queen Annes Gate
743 sq.ft.
£2,110,000
Apartment 10, 1 Queen Annes Gate
710 sq.ft.
£2,560,000
Apartment 7, 1 Queen Annes Gate
2422 sq.ft.
£5,992,000
Apartment 11, 1 Queen Annes Gate
1711 sq.ft.
£6,016,000
Apartment 8, 1 Queen Annes Gate
3046 sq.ft.
£12,254,000

How does this property compare?

  • Most likely sale price: £12,254,000.
    • Cost per squre foot: £4,022 (at a valuation of £12,254,000)
    • The average cost per square foot for this postcode is £3500.
  • Leasehold flat.
    • 3,046 square feet.
    • 77% bigger than the average property in this postcode.
    • 110% more expensive than the average here.
  • Property energy rating: 83 (max. score 100).
    • This is similar to the average for this postcode.

The property market across SW1H 9

  • The average price paid for a flat in the area SW1H 9 over the past year is £754k.
  • Flats have been selling for £1,180 per square foot across SW1H 9.
  • 3 flats have sold over the last 12 months (in the area coverring SW1H 9).
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.