Leasehold
Flat
25.5%
Today's price
£1,744,000
Last sold: July 2013 @ £1,390,000
Investment rating

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

Refine valuation
Last updated: 30/09/2021

How much has this property changed in price since it was last sold?

Flat 2, The Shrubbery, 2 is a leasehold flat - it is ranked as the 4th most expensive property in SW11 1DL, with a valuation of £1,744,000.

Since it last sold in July 2013 for £1,390,000, its value has increased by £354,000. You can refine the property valuation to take account of any home improvements by clicking here.

Sale history
See how prices have changed

Flat 2, The Shrubbery, 2 has 3 transactions recorded with HM Land Registry. It is one of the more expensive properties in SW11 1DL, valued at £1,744,000.

The current owner bought the property in July 2013 for £1,390,000 and has lived here for 7 years.

Since the current owner purchased the property, its value has increased by £354,000 (25.5%).

Date Price Change
Today's value £1,744,000 25.5%
18 Jul 2013 £1,390,000 66.5%
29 May 2007 £835,000 108.8%
12 Mar 1998 £400,000 -

Latest sale analysis

Investment rating:

The previous owner bought this property for £835,000 in May 2007 and sold it for £1,390,000 in July 2013.

They owned the property for 6 years before selling it.

During this time, the price rose by £555,000 (66.5%), which equates to it increasing in value by 8.7% each year.

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

Sale frequency

There have been 9 sales in this postcode over the last ten years.

Online agents Local agents
Property price rank
Ranked 4th out of 25 on price in SW11 1DL

We've compared this property to all the other properties in SW11 1DL* and calculate that this property is the 4th most expensive property in this postcode.

Estimated price
£1.521M
Low
£1,744,000
Compared to average: +40%
£1.887M
High
Market valuation
Price range for SW11 1DL
  • Lower end property: £472k
  • Average property: £1.249M
  • Higher end property: £2.017M
If the owner is keen to sell quickly they are more likely to realise the lower end of this valuation. This valuation range assumes that no home improvements have been carried out since the owner purchased the property.
How is this calculated?
Cost per square foot
£-

Refurbishment

When a home is renovated, the cost per square foot will usually increase.

If the property was previously purchased in a bad state of repair, making home improvements throughout could increase its market value to between £1,749,000 and £2,170,000.

Fully refurbished

£1,749,000 - £2,170,000
If Flat 2, The Shrubbery, 2 was previously purchased in a poor condition and then fully refurbished throughout, we would expect it to sit within a new price range starting at £1,749,000 and possibly fetching upto £2,170,000.

For a house to qualify for the fully refurbished valuation, we would expect the kitchen, bathroom(s), flooring, windows, doors and heating system to have been recently replaced to a high standard and be in very good condition.

All sales in SW11 1DL
What are the other properties worth today?
AddressValuation
Flat 13, The Shrubbery, 2 £699,000 (+2%)
28 Lavender Gardens, London £1,432,000 (+12%)
12 Lavender Gardens, London £1,492,000 (+3%)
Flat 2, The Shrubbery, 2 £1,744,000 (+25%)
30 Lavender Gardens, London £2,017,000 (+11%)
Price rises

Flat 2, The Shrubbery, 2 valued at £1,744,000 is the 4th most expensive property in SW11 1DL. If this property sold today, we estimate that it would most likely sell for £1,744,000 and sit within a price band ranging between £1,521,000 and £1,887,000.

The most expensive property in SW11 1DL is valued at £2,017,000 in today's market whilst the cheapest is worth £472,000 - the average market value for properties here today is £1,248,600.

If the property was previously purchased in a bad state of repair, making home improvements throughout could increase its sale price to £2,170,000.

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.

More

Recent sales in the surrounding roads

Scanning for recent sales near here

How can I improve the accuracy of my valuation?

We offer a few different methods for valuing property - pricing property often still needs some human input to ensure that you're arriving at a sensible price. Make sure you compare local properties and use your judgement to produce a more accurate valuation.

To get the best valuation, sometimes it's best to:

  • base it on a few similar properties and adjust for minor differences (make sure you create a 'Valuation Report').
  • refine the property price to take account for home improvements and extensions (see the 'Refine Valuation' button above).
  • use the average cost per square foot multiplied by the size of the property.
  • check what the other properties in the road are valued at (be aware a road can have more than one postcode).
  • check what's sold recently in the local area.

* Excluding properties that we've been unable to calculate a valuation for.

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 (including reliability, currency or suitability) of the data and information contained on this website and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this website. The estimate of current value ranges provided on the website are based on a proprietary automated valuation estimate provided by The Move Market. Any estimated values ranges are current at the date of the publication only. It is computer generated and is not a professional appraisal of the subject property and should not be relied upon in lieu of appropriate professional advice. The accuracy of the methodology used to develop the valuation, the existence of the subject property, the accuracy of the estimate and all rule sets provided are estimates based on available data and are not guaranteed or warranted. The Move Market excludes all liability for any loss or damage arising in connection with the estimated value provided in this report.