Today's price
£
Last sold: January 2019
Property type: 3 bedroom leasehold flat
Mortgage cost
Last updated: 01/10/2020
Property price rank
8th
Ranked 8th out of 9 on price in SW3 1AR

Flat 2, Washington House is a 3 bedroom leasehold flat - it is ranked as the 8th most expensive property in SW3 1AR, with a valuation of £3,804,000.

Since it was last sold in January 2019, its value has increased by £694,000. You can refine the property valuation to take account of any home improvements by clicking here.

Recent sales

There have been 2 sales in this postcode over the last ten years. The three most recent sales were for £700,000 in February 2001, £810,000 in June 1996 and £7,650,000 in February 2014.

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 2, Washington House valued at £3,804,000 is the 8th most expensive property in SW3 1AR.

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

£2,722,000 - £5,740,000
22.5% confidence
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If this property was put on the market today, we estimate that it will sell for between £2,722,000 and £5,740,000 with a confidence of 22.5%.
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Sales summary

Flat 2, Washington House has 2 sales recorded against it. It is one of the cheaper properties in SW3 1AR, valued at £3,804,000.

Property prices in SW3 1AR
  • Lower end: £3,514,000
  • Average: £5,848,111
  • Higher end: £10,113,000

The cheapest property in SW3 1AR would sell for £3,514,000 in today's market whilst the most expensive property is worth £10,113,000.

The average property price in SW3 1AR is £5,848,111. Some examples of properties that fall within the average price band for this area are:

The properties above are all valued between £5,146,338 and £6,549,884 - find more valuations for other properties in this area below.

How is this calculated?

Key facts

This is the 8th most expensive property in SW3 1AR
It's a 3 bedroom leasehold flat
2 flats have sold in SW3 1AR over the last 10 years
The average property price in SW3 1AR is £5,848,111
This property has sold 2 times in the last 25 years
Valuation: £10,113,000
Last sold: 2014
Flat 12, Washington House
Flat Leasehold
Most expensive property in SW3 1AR
Valuation: £7,638,000
Last sold: 2009
Flat 4, Washington House
Flat Leasehold
2nd most expensive property in SW3 1AR
Valuation: £7,249,000
Last sold: 1996
Flat 11, Washington House
Flat 4 bedroom Leasehold
3rd most expensive property in SW3 1AR
Valuation: £5,176,000
Last sold: 2001
Flat 5, Washington House
Flat 3 bedroom Leasehold
4th most expensive property in SW3 1AR
Valuation: £5,176,000
Last sold: 1997
Flat 6, Washington House
Flat 3 bedroom Leasehold
5th most expensive property in SW3 1AR
Valuation: £5,164,000
Last sold: 2001
Flat 7, Washington House
Flat Leasehold
6th most expensive property in SW3 1AR
Valuation: £4,799,000
Last sold: 1999
Flat 3, Washington House
Flat Leasehold
7th most expensive property in SW3 1AR
Valuation: £3,804,000
Last sold: 2019
Flat 2, Washington House
Flat 3 bedroom Leasehold
8th most expensive property in SW3 1AR
Valuation: £3,514,000
Last sold: 2001
Flat 1, Washington House
Flat 3 bedroom Leasehold
9th most expensive property in SW3 1AR

Latest sale investment analysis

Sold price
£3,110,000
30 January, 2019
Investment rating
Price change
£1,610,000
Annualized price change
8.1%

The owners bought this property for £1,500,000 in September 2009 and sold it for £3,110,000 in January 2019.

They owned the property for 9 years before selling it.

During this time, the price rose by £1,610,000 (107.3%), which equates to it increasing in value by 8.1% each year.

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

Property valuation details

Flat 2, Washington House is a 3 bedroom leasehold flat, that last sold for £3,110,000 in January, 2019.

This is one of the smallest property's in this postcode.

It has sold 2 times since 1995 - the current owner's have lived here for 1 year and 8 months.

Expected sale price
  • Minimum: £2,721,838
  • Expected: £3,804,000
  • Maximum: £5,740,425
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:

  • 35% less expensive than the average property in SW3 1AR, which stands at £5,848,111.
  • now worth £694,000 (22%) more than when it was purchased in January 2019.

If this property sold today, we estimate that it would sell for £3,804,000 and sit within a price band ranging between £2,721,838 and £5,740,425.

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 2, Washington House 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 2, Washington House 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
30 January 2019 £3,110,000 107.3 %
08 September 2009 £1,500,000 -
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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.