Adding a new kitchen could add £527k to the sale price.
This valuation does not take into account any home improvements or extensions made to the property.
REFINE VALUATIONFlat 5, Prince Regent House, 117 is a flat spread over 646 square feet, making it one of the smaller properties here - it is ranked as the most expensive property* in SW11 4PA, with a valuation of £7,032,000.
Since it last sold in November 2012 for £485,000, its value has increased by £6,547,000.
At a sale price of £7.03M, 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.
71 flats have sold at an average price of £1,041,000 in SW11 4 over the last 12 months.
Get an updated valuation by simply telling us about any renovations made.
The most paid for a property in Albert Bridge Road, SW11 4PA was £1,425,000 in 1999.
Date | Price | Change |
---|---|---|
Today's value* | £7,032,000 | 1,349.9% |
02 Nov 2012 | £485,000 | 66.0% |
31 Mar 1999 | £1,425,000 | - |
Flat 5, Prince Regent House, 117, Albert Bridge Road is a fraction smaller than the average property in this postcode.
Built between 1996 and 2002, 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 £6.79M and £7.28M.
The property didn't turn out to be a great investment for the previous owner - returning on average -7.6% per annum.
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 £7.03M this property has a cost per square foot of £10,885 - this is substantially more than the average for the area (which is currently £1,343).
If we valued this property using the average cost per square foot (CPSF):
The previous owner had the property for 13 years, having purchased it in March 1999 for £1,425,000. They then sold it in November 2012 for £485,000
During this time, the price fell by £940,000 (-66%), which equates to it falling in value by -7.6% each year.
The property didn't turn out to be a great investment for the previous owner.
Most likely sale price: £7.03M
The most likely sale price is £7,032,000 but at the lower end we think it should fetch a minimum of £6,786,000.
This property has increased in price by £6,547,000 since it last sold in 2012 - this equates to a 26.2% rise each year.
On a cost per square foot basis, this property is valued at 710% more than the other houses in this road.
This property is currently valued at £10,888 per square foot - the average cost per square foot for this postcode is £0.
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 £8,087,000.
Property | Valuation | ||
---|---|---|---|
Flat 4, Prince Regent House, 117
570 sq.ft. |
£675,000 | ||
Flat 3, Prince Regent House, 117
700 sq.ft. |
£755,000 | ||
Flat 2, Prince Regent House, 117
678 sq.ft. |
£861,000 | ||
Flat 1, Prince Regent House, 117
|
£1,515,000 | ||
Flat 5, Prince Regent House, 117
646 sq.ft. |
£7,032,000 |
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:
We use multiple data sources to provide reliable property information to you.
Some of the data sources we use are:
* 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.