Flat 2, 89 Cadogan Gardens, London, Kensington And Chelsea, Greater London, SW3 2RE

Flat
40.5%
PROPERTY VALUATION
£
Last sold: May 2012
VALUATION RANGE
£1.66M - £1.78M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£496,000
Percentage change: +40.5%

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

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

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

Flat 2, 89 Cadogan Gardens is a flat - it is ranked as the 19th most expensive property* in SW3 2RE, with a valuation of £1,721,000.

Since it last sold in May 2012 for £1,225,000, its value has increased by £496,000.

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Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £1.66M and £1.78M.

  • This property has increased in price by £496,000 since it last sold in 2012 - this equates to a 2.9% rise each year.
  • The property turned out to be a really good investment for the previous owner - returning on average 8.3% per annum.

  • 23 flats have sold at an average price of £2,027,782 in SW3 2 over the last 12 months.

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Sale history

The most paid for a property in Cadogan Gardens, SW3 2RE was £10,200,000 in 2019.

Date Price Change
Today's value* £1,721,000 40.5%
29 May 2012 £1,225,000 152.6%
31 Oct 2000 £485,022 -

The local market - SW3 2RE

  • The average property value here is £2,669,000.
    • Valuations range from £346,000 to £11,613,000.
    • Expect to pay £1,902 to £2,573 per square foot to live in SW3 2RE depending on the property's condition and size of its garden.
  • 7 properties have sold in SW3 2RE over the last 5 years.
  • Cadogan Gardens has 13 postcodes associated with it.
    • The average price of property in Cadogan Gardens is £2,814,788.
    • Property in Cadogan Gardens typically sells for between £1,697 and £2,295 per square foot.
    • Properties in Cadogan Gardens are currently valued at an average cost per square foot of £1,996.
40%
This property has increased in price by 40% since it last sold 11 years ago
36%
This property is 36% less expensive than average in Cadogan Gardens, SW3 2RE
  • 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 £2.94M.
  • This is based on it having an internal floor area of 1,473 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.
  • 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:
£346k
Average house price:
£2.67M
Most expensive:
£11.61M
Flat 2, 89 Cadogan Gardens, London is a flat.
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Valuation details

The most likely sale price is £1,721,000 but at the lower end we think it should fetch a minimum of £1,661,000.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £2,377,000.

UPDATE VALUATION
Investment Performance
Annual change: 8.3%

The previous owner had the property for 11 years, having purchased it in October 2000 for £485,022.

During this time, the price rose by £739,978 (152.6%), which equates to it increasing in value by 8.3% each year.

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

PropertyValuation
97 Cadogan Gardens, London
£386,000
Flat 2, 91 Cadogan Gardens
753 sq.ft.
£1,525,000
Second Floor Flat 3, 91 Cadogan Gardens
£1,729,000
Flat 5, 89 Cadogan Gardens
995 sq.ft.
£2,188,000
Flat 8, 97 Cadogan Gardens
1916 sq.ft.
£4,427,000

How does this property compare?

  • Most likely sale price: £1,721,000.
  • Offers likely to be accepted between £1,661,000 and £1,781,000.
  • Leasehold flat.

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?

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.