This valuation does not take into account any home improvements or extensions made to the property.
At a sale price of £640k, 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.
Get an updated valuation by simply telling us about any renovations made.
Apartment 8, 33 Greycoat Street is a mid floor flat spread over 452 square feet, making it one of the smaller properties here - it is ranked as the 41st most expensive property* in SW1P 2QF, with a valuation of £640,000.
Since it last sold in December 2022 for £660,000, its value has decreased by £20,000.
If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £618k and £662k.
The property didn't turn out to be a great investment for the previous owner - returning on average -1.9% per annum.
24 flats have sold at an average price of £800,233 in SW1P 2 over the last 12 months.
The most paid for a property in Greycoat Street, SW1P 2QF was £40,250,000 in 2017.
| Date | Price | Change |
|---|---|---|
| Today's value* | £640,000 | 3.0% |
| 22 Dec 2022 | £660,000 | 6.0% |
| 02 Oct 2019 | £701,830 | - |
Apartment 8, 33 Greycoat Street is substantially smaller than the average property in this postcode.
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 £640k this property has a cost per square foot of £1,415 - this is substantially more than the average for the area (which is currently £1,043).
The most likely sale price is £640,000 but at the lower end we think it should fetch a minimum of £618,000.
On a cost per square foot basis, this property is valued at 23% 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 £736,000.
UPDATE VALUATIONThe previous owner had the property for 3 years, having purchased it in October 2019 for £701,830. They then sold it in December 2022 for £660,000
During this time, the price fell by £41,830 (-6%), which equates to it falling in value by -1.9% each year.
The property didn't turn out to be a great investment for the previous owner.
The sale on 02 October 2019 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.
| Property | Valuation | ||
|---|---|---|---|
|
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 |
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.
