Flat 53, Buckingham Court, 78, Buckingham Gate, London, City Of Westminster, Greater London, SW1E 6PE

Flat
775 sq ft
600.2%
PROPERTY VALUATION
£
Last sold: June 2004
VALUATION RANGE
£1.64M - £1.76M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£1,455,500
Percentage change: +600.2%

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 53, Buckingham Court, 78 is a 5th floor flat spread over 775 square feet, making it one of the largest properties here - it is ranked as the 7th most expensive property* in SW1E 6PE, with a valuation of £1,698,000.

Since it last sold in June 2004 for £242,500, its value has increased by £1,455,500.

At a sale price of £1.7M, we expect this property to be in poor condition (or is significantly less desirable for some other reason) based on its price per square foot.

8 flats have sold at an average price of £1,437,000 in SW1E 6 over the last 12 months.

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

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600%
This property has increased in price by 600% since it last sold 19 years ago
46%
This property is 46% less expensive than average in Buckingham Gate, SW1E 6PE

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £1.64M and £1.76M.

  • This property only has one recorded sale so it doesn't have a historic investment return or rating yet.

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Sale history

The most paid for a property in Buckingham Gate, SW1E 6PE was £15,000,000 in 2015.

Date Price Change
Today's value* £1,698,000 £1.46M 600.2%
04 Jun 2004 £242,500 -
  • At a sale price of £1.7M, we expect this property to be in a significantly worse condition than the neighbouring properties in the road.
  • This property has a lower cost per square foot than other properties in the road, which is why we think it is more likely to be in worse condition.

    However, a lower CPSF can also be caused by a low quality extension (or conservatory), a smaller garden, a lack of parking or if the property was previously sold through a partial ownership scheme etc.

  • At a valuation of £1.7M this property has a cost per square foot of £2,190 - this is substantially less than the average for the area (which is currently £2,901).

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 £3.36M.
  • Using the average CPSF for the whole road - it would be worth £2.25M.

The local market - Buckingham Gate, SW1E 6PE

  • The average property value here is £3,116,000.
    • Valuations range from £192,000 to £30,198,000.
  • No properties have sold in SW1E 6PE over the last 5 years.
  • Buckingham Gate has 10 postcodes associated with it.
    • The average price of property in Buckingham Gate is £2,957,918.
    • Property in Buckingham Gate typically sells for between £2,466 and £3,336 per square foot.
    • Properties in Buckingham Gate are currently valued at an average cost per square foot of £2,901.
Flat 53, Buckingham Court, 78, Buckingham Gate, London is a flat with 775 square feet of internal space.
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OFFERS EXPECTED TO BE IN THE REGION OF:
£1.64M - £1.76M

Most likely sale price: £1.7M

How does this property compare to others in Buckingham Gate, SW1E 6PE?
46% LESS | 26% BIGGER

Adding a new kitchen could add £127k to the sale price.

Recent sales

10 MOST RECENT SALES IN SW1E 6PE

Flat 53, Buckingham Court, 78, Buckingham Gate is moderately bigger than the average property in this postcode.

Valuation details

The most likely sale price is £1,698,000 but at the lower end we think it should fetch a minimum of £1,639,000.

This property has increased in price by £1,455,500 since it last sold in 2004 - this equates to a 10.3% rise each year.

On a cost per square foot basis, this property is valued at 50% less than the other houses in this postcode.

Essential info

  • Leasehold flat
  • 775 square feet
  • 26% bigger than the average property in this postcode
  • 46% less expensive than the average here

This property is currently valued at £2,190 per square foot - the average cost per square foot for this postcode is £4338.

A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller 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 £2,460,000.

PropertyValuation
75 - 77, Buckingham Gate
£192,000
Flat 63, Buckingham Court, 78
280 sq.ft.
£1,019,000
64 Buckingham Court, Buckingham Gate
£1,415,000
Flat 42, Buckingham Court, 78
689 sq.ft.
£2,376,000
Flat 31, Buckingham Court, 78
689 sq.ft.
£30,198,000

Energy rating - how does this property compare?

  • Property energy rating: 71 (max. score 100).
    • This is above average for this postcode.

The property market across SW1E 6

  • The average price paid for a flat in the area SW1E 6 over the past year is £1.44M.
  • Flats have been selling for £1,257 per square foot across SW1E 6.
  • 8 flats have sold over the last 12 months (in the area coverring SW1E 6).
What does it cost to live in this area?
Recent sales in the surrounding roads
Searching for recent sales near here

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.