Flat 30B, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EZ

Flat
1
3%
PROPERTY VALUATION
£
Price change: +£19,000
Since last sold: August 2019
VALUATION RANGE
£543k - £595k
LOW OFFER | HIGH OFFER
Confidence: High
UPDATE CONDITION

Property summary Last updated: 05/03/2024

Last updated: 05/03/2024

Flat 30B, Overstrand Mansions is a 1 bedroom flat - it is ranked as the 20th most expensive property* in SW11 4EZ, with a valuation of £569,000.

Since it last sold in August 2019 for £550,000, its value has increased by £19,000.

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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 £543k and £595k.

  • The property turned out to be a good investment for the previous owner - returning on average 5.9% per annum.

  • 68 flats have sold at an average price of £1,005,280 over the last 12 months (in the area coverring SW11 4).

  • 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 £1.66M.
  • This is based on it having an internal floor area of 1,461 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:
£569k
Average house price:
£1.6M
Most expensive:
£2.05M
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3.5%
This property has increased in price by 3.5% since it last sold 4 years ago
64%
This property is 64% less expensive than average in Prince Of Wales Drive, SW11 4EZ

10 MOST RECENT SALES - SW11 4EZ

Sale history

The most paid for a property in Prince Of Wales Drive, SW11 4EZ was £2,025,000 in 2022.

Date Price Change
Today's value* £569,000 3.5%
02 Aug 2019 £550,000 134.0%
13 Oct 2004 £235,000 77.4%
Flat 30B, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EZ
Flat 30B, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EZ
Flat 30B, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EZ
Flat 30B, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EZ
Flat 30B, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EZ
Flat 30B, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EZ
Flat 30B, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EZ
Flat 30B, Overstrand Mansions, Prince Of Wales Drive, London is a 1 bedroom flat.
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Valuation details

The most likely sale price is £569,000 but at the lower end we think it should fetch a minimum of £543,000.

This property has increased in price by £19,000 since it last sold in 2019 - this equates to a 0.7% rise each year.

If the property has been refurbished or extended since it was last purchased, tell us about any home improvements to get a revised valuation.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £654,000.

Note: If the lease has less than 82 years remaining, the property valuation will start to drop rapidly (due to the cost of the lease renewal increasing significantly at this point).

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Investment Performance
Annual change: 5.9%

Was It A Good Investment?

The previous owner had the property for 14 years, having purchased it in October 2004 for £235,000.

During this time, the price rose by £315,000 (134%), which equates to it increasing in value by 5.9% each year.

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

How does this property compare?

  • Most likely sale price: £569,000.
    • Offers likely to be accepted between £543,000 and £595,000.
  • 1 bedroom leasehold flat.

The local market - SW11 4EZ

  • The average property price for this postcode is £1,597,000.
    • Prices here range from £569,000 to £2,049,000.
    • Expect to pay £965 to £1,306 per square foot for property in SW11 4EZ.
  • 8 properties have sold in SW11 4EZ over the last 5 years.
  • Prince Of Wales Drive has 36 postcodes associated with it.
    • The average price of property in Prince Of Wales Drive is £1,014,766.
    • Property in Prince Of Wales Drive typically sells for between £921 and £1,247 per square foot.
    • Properties in Prince Of Wales Drive are currently valued at an average cost per square foot of £1,084.

The property market across SW11 4

  • The average price paid for a flat in the area SW11 4 over the past year is £1.01M.
  • Flats have been selling for £942 per square foot across SW11 4.
  • 68 flats have sold over the last 12 months (in the area coverring SW11 4).
What does it cost to live in this area?

Valuation accuracy

If the automated valuation doesn't look right you can create a custom valuation report by finding comparable properties near by to generate a fresh valuation.

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Things to check before buying a new home

Working out a property's valuation can be tricky but we are here to help you get the information you need to know before putting in an offer.

* 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 31/01/2024 - this was released on the 28/02/2024.