Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP

Flat
1
1.4%
PROPERTY VALUATION
£
Last sold: February 2019
VALUATION RANGE
£923k - £989k
LOW OFFER | HIGH OFFER
PRICE CHANGE
£14,000
Percentage change: -1.4%

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

Basement Flat A, 2 Eccleston Square is a 1 bedroom flat - it is ranked as the 19th most expensive property* in SW1V 1NP, with a valuation of £956,000.

Since it last sold in February 2019 for £970,000, its value has decreased by £14,000.

Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP

12 flats have sold at an average price of £790,000 in SW1V 1 over the last 12 months.

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

Advertisement
1.4%
This property has fallen in price by -1.4% since it last sold 5 years ago
12%
This property is 12% less expensive than average in Eccleston Square, SW1V 1NP

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £923k and £989k.

  • The property turned out to be a really good investment for the previous owner - returning on average 7.6% per annum.

Advertisement

Sale history

The most paid for a property in Eccleston Square, SW1V 1NP was £6,250,000 in 2022.

Date Price Change
Today's value* £956,000 £14k 1.4%
27 Feb 2019 £970,000 £592k 156.6%
13 Apr 2006 £378,000 £38k 11.2%
  • If this property is similar in size to the average property here - utilising the average cost per square foot, we would expect it to have a valuation of £1.44M.
  • This is based on it having an internal floor area of 1,104 square feet.
  • 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 £1,008 to £1,365 per square foot to live in SW1V 1NP depending on the property's condition and size of its garden.

The local market - Eccleston Square, SW1V 1NP

  • The average property value here is £1,088,000.
    • Valuations range from £274,000 to £5,401,000.
  • 13 properties have sold in SW1V 1NP over the last 5 years.
  • Eccleston Square has 8 postcodes associated with it.
    • The average price of property in Eccleston Square is £1,376,795.
    • Property in Eccleston Square typically sells for between £1,108 and £1,500 per square foot.
    • Properties in Eccleston Square are currently valued at an average cost per square foot of £1,304.
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP
Basement Flat A, 2 Eccleston Square, London is a 1 bedroom flat.
Advertisement

Valuation details

The most likely sale price is £956,000 but at the lower end we think it should fetch a minimum of £923,000.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £1,337,000.

UPDATE VALUATION
Investment Performance
Annual change: 7.6%

The previous owner had the property for 12 years, having purchased it in April 2006 for £378,000.

During this time, the price rose by £592,000 (156.6%), which equates to it increasing in value by 7.6% each year.

The property turned out to be a really good investment for the previous owner.

The sale on 27 February 2019 was recorded as a non-residential transaction. This can be because a commercial mortgage was used, the property was repossessed or the owner extended the lease etc.

PropertyValuation
Flat 5, 3 Eccleston Square
398 sq.ft.
£595,000
Second Floor Flat, 6 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP Second Floor Flat, 6 Eccleston Square
2 bed
£615,000
The Third And Fourth Floor Flat, 6 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP The Third And Fourth Floor Flat, 6 Eccleston Square
2 bed
£1,687,000
Flat 1, 8 Eccleston Square
1668 sq.ft.
£2,084,000
14 Eccleston Square, London, City Of Westminster, Greater London, SW1V 1NP 14 Eccleston Square, London
6 bed | 4736 sq. ft.
£5,401,000

How does this property compare?

  • Most likely sale price: £956,000.
  • Offers likely to be accepted between £923,000 and £989,000.
  • 1 bedroom leasehold flat.

The property market across SW1V 1

  • The average price paid for a flat in the area SW1V 1 over the past year is £790k.
  • Flats have been selling for £1,026 per square foot across SW1V 1.
  • 12 flats have sold over the last 12 months (in the area coverring SW1V 1).
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.