Flat 3, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS

Flat
3
1970 sq ft
18.6%
PROPERTY VALUATION
£
Last sold: August 2020
VALUATION RANGE
£4.61M - £4.94M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£750,000
Percentage change: +18.6%

Adding a new kitchen could add £358k to the sale price.

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 3, Carlyle Mansions is a first floor 3 bedroom flat spread over 1,970 square feet, making it one of the smaller properties here - it is ranked as the 9th most expensive property* in SW3 5LS, with a valuation of £4,775,000.

Since it last sold in August 2020 for £4,025,000, its value has increased by £750,000.

Flat 3, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS
Flat 3, Carlyle Mansions, Cheyne Walk, London (1 of 14)

At a sale price of £4.78M, we expect this property to be in very good condition (or is significantly more desirable for some other reason) based on its price per square foot.

42 flats have sold at an average price of £2,148,000 in SW3 5 over the last 12 months.

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

19%
This property has increased in price by 19% since it last sold 3 years ago
10%
This property is 10% more expensive than average in Cheyne Walk, SW3 5LS

Essential buying details

  • Built between 1900 and 1929, the property has sold twice over the last 29 years.

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £4.61M and £4.94M.

  • The property turned out to be a superb investment for the previous owner - returning on average 9.4% per annum.

Sale history

The most paid for a property in Cheyne Walk, SW3 5LS was £6,250,000 in 2016.

Date Price Change
Today's value* £4,775,000 £750k 18.6%
26 Aug 2020 £4,025,000 £3.57M 775.0%
30 May 1996 £460,000 -
Recent sales in the surrounding roads
Searching for recent sales near here
  • At a sale price of £4.78M, 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 £4.78M this property has a cost per square foot of £2,423 - this is substantially more than the average for the area (which is currently £1,774).

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 £4.03M.
  • Using the average CPSF for the whole road - it would be worth £3.5M.

The local market - Cheyne Walk, SW3 5LS

  • The average property value here is £4,359,000.
    • Valuations range from £1,305,000 to £6,469,000.
  • 8 properties have sold in SW3 5LS over the last 5 years.
  • Cheyne Walk has 20 postcodes associated with it.
    • The average price of property in Cheyne Walk is £2,666,822.
    • Property in Cheyne Walk typically sells for between £1,508 and £2,040 per square foot.
    • Properties in Cheyne Walk are currently valued at an average cost per square foot of £1,774.
Investment Performance
Annual change: 9.4%

The previous owner had the property for 24 years, having purchased it in May 1996 for £460,000.

During this time, the price rose by £3,565,000 (775%), which equates to it increasing in value by 9.4% each year.

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

Flat 3, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS
Flat 3, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS
Flat 3, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS
Flat 3, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS
Flat 3, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS
Flat 3, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS
Flat 3, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS
Flat 3, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS
Flat 3, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS
Flat 3, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS
Flat 3, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS
Flat 3, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS
Flat 3, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS
Flat 3, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS
Flat 3, Carlyle Mansions, Cheyne Walk, London is a 3 bedroom flat with 1,970 square feet of internal space built between 1900 and 1929.
OFFERS EXPECTED TO BE IN THE REGION OF:
£4.61M - £4.94M

Most likely sale price: £4.78M

How does this property compare to others in Cheyne Walk, SW3 5LS?
10% MORE | 12% SMALLER

Recent sales

10 MOST RECENT SALES IN SW3 5LS

Flat 3, Carlyle Mansions, Cheyne Walk is moderately smaller than the average property in this postcode.

Valuation details

The most likely sale price is £4,775,000 but at the lower end we think it should fetch a minimum of £4,608,000.

This property has increased in price by £750,000 since it last sold in 2020 - this equates to a 4.8% rise each year.

On a cost per square foot basis, this property is valued at 18% more than the other houses in this postcode.

Essential info

  • 3 bedroom leasehold flat
  • 1,970 square feet
  • 12% smaller than the average property in this postcode
  • 10% more expensive than the average here

This property is currently valued at £2,424 per square foot - the average cost per square foot for this postcode is £2045.

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 (for more information see our valuation review) of this property.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £6,137,000.

PropertyValuation
Carlyle Mansions, Carlyle Lodge, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS Carlyle Mansions, Carlyle Lodge
2 bed
£1,305,000
Flat 5, Carlyle Mansions
2142 sq.ft.
£3,607,000
Flat 11, Carlyle Mansions
2196 sq.ft.
£4,821,000
Flat 6, Carlyle Mansions, Cheyne Walk, London, Kensington And Chelsea, Greater London, SW3 5LS Flat 6, Carlyle Mansions
4 bed | 2282 sq. ft.
£4,982,000
Flat 19, Carlyle Mansions
2250 sq.ft.
£5,188,000

Energy rating - how does this property compare?

  • Property energy rating: 62 (max. score 100).
    • This is similar to the average for this postcode.

The property market across SW3 5

  • The average price paid for a flat in the area SW3 5 over the past year is £2.15M.
  • Flats have been selling for £1,427 per square foot across SW3 5.
  • 42 flats have sold over the last 12 months (in the area coverring SW3 5).
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.