Flat 3, 4 - 6 Cadogan Square, London, Kensington And Chelsea, Greater London, SW1X 0JU

Flat
3229 sq ft
3.4%
PROPERTY VALUATION
£
Last sold: May 2023
VALUATION RANGE
£11.01M - £11.81M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£406,000
Percentage change: -3.4%
Good
Condition
Reasonable
Condition
Poor
Condition

At a sale price of £11.41M, we expect this property to be in very good condition based on its price per square foot.

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

Flat 3, 4 - 6 Cadogan Square is a 3rd floor flat spread over 3,229 square feet, making it one of the largest properties here - it is ranked as the 3rd most expensive property* in SW1X 0JU, with a valuation of £11,409,000.

Since it last sold in May 2023 for £11,815,000, its value has decreased by £406,000.

If home improvements have been made, ensure you update the valuation.

UPDATE VALUATION
Advertisement

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £11.01M and £11.81M.

  • Since this property last sold 11 months ago, it has decreased in price by 3.4%.
  • The property turned out to be a amazing investment for the previous owner - returning on average 18.4% per annum.

  • 18 flats have sold at an average price of £2,916,805 in SW1X 0 over the last 12 months.

Advertisement

Sale history

The most paid for a property in Cadogan Square, SW1X 0JU was £13,000,000 in 2014.

Date Price Change
Today's value* £11,409,000 3.4%
26 May 2023 £11,815,000 71.2%
20 Mar 2020 £6,900,000 -
-3.4%
This property has fallen in price by -3.4% since it last sold 10 months ago
162%
This property is 162% more expensive than average in Cadogan Square, SW1X 0JU
  • At a sale price of £11.41M, we expect this property to be in a substantially better condition than the neighbouring properties in the road.
  • This property has a higher cost per square foot than other properties in the road, which is why we think it is more likely to be in good condition.

    This can be caused by it having recently been refurbished to a high standard although it could also be because the property has more appealing architecture, a bigger garden, more parking spaces or a garage etc.

  • At a valuation of £11.41M this property has a cost per square foot of £3,533 - this is substantially more than the average for the area (which is currently £2,280).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £7.36M. 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:
£15k
Average house price:
£4.35M
Most expensive:
£13.34M
Flat 3, 4 - 6 Cadogan Square, London is a flat with 3,229 square feet of internal space.
Advertisement

Valuation details

The most likely sale price is £11,409,000 but at the lower end we think it should fetch a minimum of £11,010,000.

On a cost per square foot basis, this property is valued at 55% more than the other houses in this road.

A higher cost per square foot can indicate that the property is in a better condition than the other properties or that it has a bigger garden (find out more here).

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £14,397,000.

UPDATE VALUATION
PropertyValuation
Basement Storage Room 2, 4 - 6, Cadogan Square
£15,000
Second Floor Flat, 12 Cadogan Square
£161,000
Flat 4, 10 Cadogan Square
1055 sq.ft.
£1,939,000
12, Ground And Lower Ground Floor Maisonette, Cadogan Square, London, Kensington And Chelsea, Greater London, SW1X 0JU 12, Ground And Lower Ground Floor Maisonette
3 bed
£3,225,000
Flat 3, 4 - 6 Cadogan Square
3229 sq.ft.
£11,409,000
Investment Performance
Annual change: 18.4%

The previous owner had the property for 3 years, having purchased it in March 2020 for £6,900,000.

During this time, the price rose by £4,915,000 (71.2%), which equates to it increasing in value by 18.4% each year.

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

The sale on 20 March 2020 was recorded as a non-residential transaction. This could be because a commercial mortgage was used, the property was repossessed or the owner extended the lease etc.

How does this property compare?

  • Most likely sale price: £11,409,000.
    • Cost per squre foot: £3,533 (at a valuation of £11,409,000)
    • The average cost per square foot for this postcode is £0.
  • Leasehold flat.
    • 3,229 square feet.
    • 62% bigger than the average property in this postcode.
    • 162% more expensive than the average here.
  • Property energy rating: 65 (max. score 100).
    • This is above average for this postcode.

The local market - SW1X 0JU

  • The average property price for this postcode is £4,352,000.
    • Prices here range from £15,000 to £13,339,000.
  • 6 properties have sold in SW1X 0JU over the last 5 years.
  • Cadogan Square has 16 postcodes associated with it.
    • The average price of property in Cadogan Square is £3,799,479.
    • Property in Cadogan Square typically sells for between £1,938 and £2,622 per square foot.
    • Properties in Cadogan Square are currently valued at an average cost per square foot of £2,280.

The property market across SW1X 0

  • The average price paid for a flat in the area SW1X 0 over the past year is £2.92M.
  • Flats have been selling for £2,012 per square foot across SW1X 0.
  • 18 flats have sold over the last 12 months (in the area coverring SW1X 0).
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
Recent sales in the surrounding roads
Searching for recent sales near here

* 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.