Leasehold
Flat
37.8%
Today's price
£3,238,000
Last sold: May 2018 @ £2,350,000
Investment rating

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

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Last updated: 30/09/2021

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

Flat 37, Waterside Point, 2 is a leasehold flat - it is ranked as the 8th most expensive property in SW11 4PD, with a valuation of £3,238,000.

Since it last sold in May 2018 for £2,350,000, its value has increased by £888,000. You can refine the property valuation to take account of any home improvements by clicking here.

Sale history
See how prices have changed

Flat 37, Waterside Point, 2 has 2 transactions recorded with HM Land Registry. It is one of the more expensive properties in SW11 4PD, valued at £3,238,000.

The current owner bought the property in May 2018 for £2,350,000 and has lived here for 2 years.

Since the current owner purchased the property, its value has increased by £888,000 (37.8%).

Date Price Change
Today's value £3,238,000 37.8%
11 May 2018 £2,350,000 179.8%
13 Jul 1998 £840,000 -

Latest sale analysis

Investment rating:

The previous owner bought this property for £840,000 in July 1998 and sold it for £2,350,000 in May 2018.

They owned the property for 19 years before selling it.

During this time, the price rose by £1,510,000 (179.8%), which equates to it increasing in value by 5.3% each year.

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

Sale frequency

There have been 23 sales in this postcode over the last ten years.

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Property price rank
Ranked 8th out of 45 on price in SW11 4PD

We've compared this property to all the other properties in SW11 4PD* and calculate that this property is the 8th most expensive property in this postcode.

Estimated price
£2.615M
Low
£3,238,000
Compared to average: +19%
£4.111M
High
Market valuation
Price range for SW11 4PD
  • Lower end property: £614k
  • Average property: £2.723M
  • Higher end property: £12.985M
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
£1,868
Against benchmark: +£247
Based on a valuation of £3,238,000 and having 1,733 square feet of habitable space.

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 £3,007,000 and £4,727,000.

Fully refurbished

£3,007,000 - £4,727,000
If Flat 37, Waterside Point, 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 £3,007,000 and possibly fetching upto £4,727,000.

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 4PD
What are the other properties worth today?
AddressValuation
Flat 23, Waterside Point, 2 £887,000 (-1%)
Flat 33, Waterside Point, 2 £1,689,000 (-1%)
Flat 72, Waterside Point, 2 £1,897,000 (+0%)
Flat 48, Waterside Point, 2 £2,941,000 (+25%)
Flat 24, Waterside Point, 2 £3,120,000 (+39%)
Price rises

Flat 37, Waterside Point, 2 valued at £3,238,000 is the 8th most expensive property in SW11 4PD. If this property sold today, we estimate that it would most likely sell for £3,238,000 and sit within a price band ranging between £2,615,000 and £4,111,000.

At a market value of £3,238,000 and having 1733 square feet of internal floor space, this property today is valued at £1,868 per square foot. On this basis, this property is 15% more expensive than the average for SW11 4PD (which stands at £1,621 per square foot in today's market).

The most expensive property in SW11 4PD is valued at £12,985,000 in today's market whilst the cheapest is worth £614,000 - the average market value for properties here today is £2,723,267.

If the property was previously purchased in a bad state of repair, making home improvements throughout could increase its sale price to £4,727,000.

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.