Flat 2, 13 - 14 Egerton Place, London, Kensington And Chelsea, Greater London, SW3 2EF

Flat
264.8%
PROPERTY VALUATION
£
Last sold: March 2001
VALUATION RANGE
£1.73M - £1.86M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£1,303,608
Percentage change: +264.8%

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

Flat 2, 13 - 14 Egerton Place is a flat - it is ranked as the 23rd most expensive property* in SW3 2EF, with a valuation of £1,796,000.

Since it last sold in March 2001 for £492,392, its value has increased by £1,303,608.

23 flats have sold at an average price of £2,028,000 in SW3 2 over the last 12 months.

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

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265%
This property has increased in price by 265% since it last sold 23 years ago
33%
This property is 33% less expensive than average in Egerton Place, SW3 2EF

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £1.73M and £1.86M.

  • The property turned out to be a amazing investment for the previous owner - returning on average 18.0% per annum.

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Sale history

The most paid for a property in Egerton Place, SW3 2EF was £4,800,000 in 2020.

Date Price Change
Today's value* £1,796,000 £1.3M 264.8%
01 Mar 2001 £492,392 £199k 67.8%
14 Jan 1998 £293,500 -

If we valued this property using the average cost per square foot (CPSF):

  • Using the average CPSF for properties just in the postcode - it would be worth £2.23M.
  • Using the average CPSF for the whole road - it would be worth £2.17M.

This assumes that the property has an internal floor area of 1,049 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.

The local market - Egerton Place, SW3 2EF

  • The average property value here is £2,686,000.
    • Valuations range from £513,000 to £10,797,000.
  • 4 properties have sold in SW3 2EF over the last 5 years.
Flat 2, 13 - 14 Egerton Place, London is a flat.
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OFFERS EXPECTED TO BE IN THE REGION OF:
£1.73M - £1.86M

Most likely sale price: £1.8M

How does this property compare to others in Egerton Place, SW3 2EF?
33% LESS

Adding a new kitchen could add £135k to the sale price.

Valuation details

The most likely sale price is £1,796,000 but at the lower end we think it should fetch a minimum of £1,733,000.

This property has increased in price by £1,303,608 since it last sold in 2001 - this equates to a 5.7% rise each year.

Essential info

  • Leasehold flat

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £2,388,000.

Investment Performance
Annual change: 18%

The previous owner had the property for 3 years, having purchased it in January 1998 for £293,500.

During this time, the price rose by £198,892 (67.8%), which equates to it increasing in value by 18% each year.

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

PropertyValuation
Flat 4, 3 Egerton Place
947 sq.ft.
£1,628,000
Flat E, 2 Egerton Place
818 sq.ft.
£2,353,000
Flat C, 2 Egerton Place
700 sq.ft.
£2,355,000
Flat 5, 4 Egerton Place
1066 sq.ft.
£3,184,000
Flat 3, 13 - 14 Egerton Place
£5,230,000

The property market across SW3 2

  • The average price paid for a flat in the area SW3 2 over the past year is £2.03M.
  • Flats have been selling for £1,884 per square foot across SW3 2.
  • 23 flats have sold over the last 12 months (in the area coverring SW3 2).
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.