Today's price
£
Last sold: March 2019
Property type: Leasehold flat
Mortgage cost
Last updated: 01/10/2020
Property price rank
5th
Ranked 5th out of 15 on price in SW3 1LR

Flat 1, 22 - 26 Ovington Square is a leasehold flat - it is ranked as the 5th most expensive property in SW3 1LR, with a valuation of £3,433,000.

Since it was last sold in March 2019, its value has increased by £433,000. You can refine the property valuation to take account of any home improvements by clicking here.

Recent sales

There have been 8 sales in this postcode over the last ten years. The three most recent sales were for £7,500,000 in February 2017, £325,000 in May 2002 and £1,995,000 in March 2001.

See how prices have changed here, as well as the ages of residents living here, their health and their employment category.

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Flat 1, 22 - 26 Ovington Square valued at £3,433,000 is the 5th most expensive property in SW3 1LR.

Flats in SW3 1 have increased in price by 47.4% over the last 5 years.

See the breakdown of home owners versus those who rent their homes (both privately and through social housing) in this area.

Property price band

£2,791,000 - £4,638,000
36.2% confidence
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If this property was put on the market today, we estimate that it will sell for between £2,791,000 and £4,638,000 with a confidence of 36.2%.
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Sales summary

Flat 1, 22 - 26 Ovington Square has 2 sales recorded against it. It is a mid-range property in SW3 1LR, valued at £3,433,000.

Property prices in SW3 1LR
  • Lower end: £1,157,000
  • Average: £3,880,933
  • Higher end: £11,365,000

The cheapest property in SW3 1LR would sell for £1,157,000 in today's market whilst the most expensive property is worth £11,365,000.

How is this calculated?

Key facts

This is the 5th most expensive property in SW3 1LR
It's a leasehold flat
7 flats have sold in SW3 1LR over the last 10 years
The average property price in SW3 1LR is £3,880,933
This property has sold 2 times in the last 25 years
Valuation: £11,365,000
Last sold: 2017
34 Ovington Square, London
Terraced house 6 bedroom Freehold
Most expensive property in SW3 1LR
Valuation: £10,010,000
Last sold: 2001
40 Ovington Square, London
Terraced house Freehold
2nd most expensive property in SW3 1LR
Valuation: £8,182,000
Last sold: 2000
28 Ovington Square, London
Terraced house 1 bedroom Freehold
3rd most expensive property in SW3 1LR
Valuation: £6,641,000
Last sold: 1995
38 Ovington Square, London
Terraced house 5 bedroom Leasehold
4th most expensive property in SW3 1LR
Valuation: £3,433,000
Last sold: 2019
Flat 1, 22 - 26 Ovington Square
Flat Leasehold
5th most expensive property in SW3 1LR
Valuation: £3,298,000
Last sold: 2013
30, Ground Floor Maisonette
Flat 3 bedroom Leasehold
6th most expensive property in SW3 1LR
Valuation: £2,213,000
Last sold: 2006
Flat 5, 30 - 32 Ovington Square
Flat Leasehold
7th most expensive property in SW3 1LR
Valuation: £2,157,000
Last sold: 2001
Flat 1, 30 - 32 Ovington Square
Flat Leasehold
8th most expensive property in SW3 1LR
Valuation: £1,913,000
Last sold: 2002
Flat 7, 22 - 26 Ovington Square
Flat Leasehold
9th most expensive property in SW3 1LR
Valuation: £1,746,000
Last sold: 2015
Flat 3, 22 - 26 Ovington Square
Flat Leasehold
10th most expensive property in SW3 1LR
Valuation: £1,671,000
Last sold: 2016
Flat 11, 22 - 26 Ovington Square
Flat Leasehold
11th most expensive property in SW3 1LR
Valuation: £1,593,000
Last sold: 2002
42 Ovington Square, London
Terraced house 6 bedroom Freehold
12th most expensive property in SW3 1LR
Valuation: £1,590,000
Last sold: 1998
Flat 9, 22 - 26 Ovington Square
Flat Leasehold
13th most expensive property in SW3 1LR
Valuation: £1,245,000
Last sold: 2015
Flat 4, 30 - 32 Ovington Square
Flat Leasehold
14th most expensive property in SW3 1LR
Valuation: £1,157,000
Last sold: 2020
Flat 6, 22 - 26 Ovington Square
Flat Leasehold
15th most expensive property in SW3 1LR

Latest sale investment analysis

Sold price
£3,000,000
06 March, 2019
Investment rating
Price change
£1,000,000
Annualized price change
8.3%

The owners bought this property for £2,000,000 in January 2014 and sold it for £3,000,000 in March 2019.

They owned the property for 5 years before selling it.

During this time, the price rose by £1,000,000 (50%), which equates to it increasing in value by 8.3% each year.

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

Property valuation details

Flat 1, 22 - 26 Ovington Square is a leasehold flat, that last sold for £3,000,000 in March, 2019.

It has sold 2 times since 1995 - the current owner's have lived here for 1 year and 7 months.

Expected sale price
  • Minimum: £2,791,032
  • Expected: £3,433,000
  • Maximum: £4,637,865
If the owner is keen to sell quickly they are more likely to realise the lower end of this valuation.
Valuation not what you expected?

If the owner has made home improvements you can refine the valuation by clicking the button below.

This property is:

  • 12% less expensive than the average property in SW3 1LR, which stands at £3,880,933.
  • now worth £433,000 (14%) more than when it was purchased in March 2019.

If this property sold today, we estimate that it would sell for £3,433,000 and sit within a price band ranging between £2,791,032 and £4,637,865.

Please note, as this property has previously been sold on a lease, if the owner has renewed the lease, the value of the property could be significantly higher.

How does this property compare against other local properties?

The chart shows the sales history for Flat 1, 22 - 26 Ovington Square and how it compares against other properties that have sold nearby.

Today, the upper price boundary that flats encounter is £4,950,000.

Whilst at the lower end of the market, flats are available from £380,000.

Over the last 5 years, 117 flats have sold in this area (SW3 1).

During this time the average price has risen by 47.4%.

See how all property sales in this postcode have changed over time.

What is a price boundary?

Full sale history

Flat 1, 22 - 26 Ovington Square has sold 2 times over the last 25 years.

Over the last 3 years, flats in this area have risen in price by 85%.
Sale date Sale price Price change
06 March 2019 £3,000,000 50.0 %
27 January 2014 £2,000,000 -
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Automated property valuations

We process data on millions of house sales each month so that our valuations are accurate and up-to-date.

We monitor prices across the whole country, as well as analysing each local area to ensure our valuations take local market conditions into account.

Note: Property price estimates don't take home improvements made since the property was last sold - if a property has been refurbished you can refine the valuation to take account of the improvements by clicking below.