Flat 60, Arlington House, Arlington Street, London, City Of Westminster, Greater London, SW1A 1RL

Flat
1798 sq ft
57.9%
PROPERTY VALUATION
£
Last sold: January 2020
VALUATION RANGE
£5.18M - £5.56M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£1,970,000
Percentage change: +57.9%

Adding a new kitchen could add £403k 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 60, Arlington House is a 4th floor flat spread over 1,798 square feet, making it one of the smaller properties here - it is ranked as the 2nd most expensive property* in SW1A 1RL, with a valuation of £5,370,000.

Since it last sold in January 2020 for £3,400,000, its value has increased by £1,970,000.

At a sale price of £5.37M, 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.

2 flats have sold at an average price of £3,940,000 in SW1A 1 over the last 12 months.

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

58%
This property has increased in price by 58% since it last sold 4 years ago
15%
This property is 15% more expensive than average in Arlington Street, SW1A 1RL

Essential buying details

  • Built between 1930 and 1949, the property has sold 5 times 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 £5.18M and £5.56M.

  • The property turned out to be a amazing investment for the previous owner - returning on average 15.7% per annum.

Sale history

The most paid for a property in Arlington Street, SW1A 1RL was £3,400,000 in 2020.

Date Price Change
Today's value* £5,370,000 £1.97M 57.9%
30 Jan 2020 £3,400,000 £2.85M 522.7%
16 Jul 2007 £546,000 -£194000 26.2%
Recent sales in the surrounding roads
Searching for recent sales near here
  • At a sale price of £5.37M, 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 £5.37M this property has a cost per square foot of £2,986 - this is substantially less than the average for the area (which is currently £5,774).

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 £5.29M.
  • Using the average CPSF for the whole road - it would be worth £10.38M.

The local market - Arlington Street, SW1A 1RL

  • The average property value here is £4,666,000.
    • Valuations range from £2,776,000 to £7,124,000.
  • Only one property has sold in SW1A 1RL over the last 5 years.
  • Arlington Street has 5 postcodes associated with it.
    • The average price of property in Arlington Street is £12,714,846.
    • Property in Arlington Street typically sells for between £4,908 and £6,640 per square foot.
    • Properties in Arlington Street are currently valued at an average cost per square foot of £5,774.
Investment Performance
Annual change: 15.7%

The previous owner had the property for 12 years, having purchased it in July 2007 for £546,000.

During this time, the price rose by £2,854,000 (522.7%), which equates to it increasing in value by 15.7% each year.

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

The sale on 30 January 2020 was recorded as a non-residential transaction. This can be because a commercial mortgage was used, the property was repossessed or the owner extended the lease etc.

Flat 60, Arlington House, Arlington Street, London is a flat with 1,798 square feet of internal space built between 1930 and 1949.
OFFERS EXPECTED TO BE IN THE REGION OF:
£5.18M - £5.56M

Most likely sale price: £5.37M

How does this property compare to others in Arlington Street, SW1A 1RL?
15% MORE | 15% SMALLER

Valuation details

The most likely sale price is £5,370,000 but at the lower end we think it should fetch a minimum of £5,182,000.

This property has increased in price by £1,970,000 since it last sold in 2020 - this equates to a 11.4% rise each year.

On a cost per square foot basis, this property is valued at 1% more than the other houses in this postcode.

Essential info

  • Leasehold flat
  • 1,798 square feet
  • 15% smaller than the average property in this postcode
  • 15% more expensive than the average here

This property is currently valued at £2,987 per square foot - the average cost per square foot for this postcode is £2944.

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 £9,498,000.

PropertyValuation
Flat 4, Arlington House, Arlington Street, London, City Of Westminster, Greater London, SW1A 1RL Flat 4, Arlington House
4 bed
£2,776,000
Flat 40, Arlington House, Arlington Street, London, City Of Westminster, Greater London, SW1A 1RL Flat 40, Arlington House
1 bed
£3,395,000
Flat 60, Arlington House
1798 sq.ft.
£5,370,000
Flat 42, Arlington House, Arlington Street, London, City Of Westminster, Greater London, SW1A 1RL Flat 42, Arlington House
3 bed | 2454 sq. ft.
£7,124,000

Energy rating - how does this property compare?

  • Property energy rating: 74 (max. score 100).
    • This is similar to the average for this postcode.

The property market across SW1A 1

  • The average price paid for a flat in the area SW1A 1 over the past year is £3.94M.
  • Flats have been selling for £1,778 per square foot across SW1A 1.
  • 2 flats have sold over the last 12 months (in the area coverring SW1A 1).
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.