Apartment 88, Eustace Building, 372, Queenstown Road, London, Wandsworth, Greater London, SW8 4PP

Flat
710 sq ft
101.1%
PROPERTY VALUATION
£
Last sold: September 2009
VALUATION RANGE
£1.03M - £1.1M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£536,000
Percentage change: +101.1%

This valuation does not take into account any home improvements or extensions made to the property.

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

Apartment 88, Eustace Building, 372 is a ground floor flat spread over 710 square feet, making it one of the largest properties here - it is ranked as the 25th most expensive property* in SW8 4PP, with a valuation of £1,066,000.

Since it last sold in September 2009 for £530,000, its value has increased by £536,000.

At a sale price of £1.07M, 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.

Advertisement

Essential buying details

  • Built between 2003 and 2006, 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 £1.03M and £1.1M.

  • This property has increased in price by £536,000 since it last sold in 2009 - this equates to a 4.9% rise each year.

  • The property turned out to be a reasonably good investment for the previous owner - returning on average 4.2% per annum.

  • 33 flats have sold at an average price of £523,682 in SW8 4 over the last 12 months.

Advertisement

Sale history

The most paid for a property in Queenstown Road, SW8 4PP was £1,825,000 in 2006.

Date Price Change
Today's value* £1,066,000 101.1%
29 Sep 2009 £530,000 14.0%
13 Jul 2006 £465,000 -

Recent sales

10 MOST RECENT SALES IN SW8 4PP

Apartment 88, Eustace Building, 372, Queenstown Road is moderately bigger than the average property in this postcode.

The local market - Queenstown Road, SW8 4PP

  • The average property value here is £916,000.
    • Valuations range from £397,000 to £3,290,000.
  • No properties have sold in SW8 4PP over the last 5 years.
  • Queenstown Road has 56 postcodes associated with it.
    • The average price of property in Queenstown Road is £905,327.
    • Property in Queenstown Road typically sells for between £1,017 and £1,377 per square foot.
    • Properties in Queenstown Road are currently valued at an average cost per square foot of £1,197.
101%
This property has increased in price by 101% since it last sold 14 years ago
16%
This property is 16% more expensive than average in Queenstown Road, SW8 4PP
  • At a sale price of £1.07M, 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 £1.07M this property has a cost per square foot of £1,501 - this is substantially more than the average for the area (which is currently £1,197).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £850k. 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 £1,125 to £1,522 per square foot to live in SW8 4PP depending on the property's condition and size of its garden.
  • 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:
£397k
Average house price:
£916k
Most expensive:
£3.29M
Apartment 88, Eustace Building, 372, Queenstown Road, London is a flat with 710 square feet of internal space built between 2003 and 2006.
Advertisement

Valuation details

The most likely sale price is £1,066,000 but at the lower end we think it should fetch a minimum of £1,029,000.

On a cost per square foot basis, this property is valued at 13% 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 £1,882,000.

UPDATE VALUATION
Investment Performance
Annual change: 4.2%

The previous owner had the property for 3 years, having purchased it in July 2006 for £465,000.

During this time, the price rose by £65,000 (14%), 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.

PropertyValuation
Apartment 86, Eustace Building, 372
355 sq.ft.
£516,000
Apartment 123, Eustace Building, 372
474 sq.ft.
£594,000
Apartment 138, Eustace Building, 372
388 sq.ft.
£733,000
Apartment 135, Eustace Building, 372
904 sq.ft.
£952,000
Apartment 161, Eustace Building, 372
710 sq.ft.
£957,000

How does this property compare?

  • Most likely sale price: £1,066,000.
    • Cost per squre foot: £1,500 (at a valuation of £1,066,000)
    • The average cost per square foot for this postcode is £1324.
  • Leasehold flat.
    • 710 square feet.
    • 23% bigger than the average property in this postcode.
    • 16% more expensive than the average here.
  • Property energy rating: 70 (max. score 100).
    • This is below average for this postcode.

The property market across SW8 4

  • The average price paid for a flat in the area SW8 4 over the past year is £524k.
  • Flats have been selling for £718 per square foot across SW8 4.
  • 33 flats have sold over the last 12 months (in the area coverring SW8 4).
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.