Flat 63, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EX

Semi-detached
3
1458 sq ft
141%
PROPERTY VALUATION
£
Price change: +£892,000
Since last sold: August 2004
VALUATION RANGE
£1.47M - £1.58M
LOW OFFER | HIGH OFFER
Confidence: High
Good
Condition
Reasonable
Condition
Poor
Condition

At a sale price of £1.52M, we expect this property to be in very good condition.

UPDATE CONDITION

Property summary Last updated: 05/03/2024

Last updated: 05/03/2024

Flat 63, Overstrand Mansions is a 3 bedroom semi-detached house spread over 1,458 square feet, making it one of the bigger properties here - it is ranked as the 11th most expensive property* in SW11 4EX, with a valuation of £1,524,000.

Since it last sold in August 2004 for £632,000, its value has increased by £892,000.

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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 £1.47M and £1.58M.

  • This property only has one recorded sale since 1995 so it doesn't have a historic investment return or rating yet.

  • 2 semi-detached houses have sold at an average price of £2,500,000 over the last 12 months (in the area coverring SW11 4).

  • At a sale price of £1.52M, we expect this property to be in a significantly worse condition than the neighbouring properties.
  • This property has a lower cost per square foot than other properties in the area, which is why we think it is more likely to be in worse condition. This can be caused by a lack of general upkeep but it can also arise if the property has had a low quality extension. Typically houses with conservatory's often have a lower cost per square foot as whilst these make the property bigger, they tend to be cheaper to build and less usable.
  • At a valuation of £1.52M it has a cost per square foot of £1,045, which is substantially less than the average for the area. The average cost per square foot for property here is £1,213.
  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £1.77M. 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:
£670k
Average house price:
£1.54M
Most expensive:
£2.04M
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141%
This property has increased in price by 141% since it last sold 19 years ago
1%
This property is 1% less expensive than average in Prince Of Wales Drive, SW11 4EX

10 MOST RECENT SALES - SW11 4EX

Flat 63, Overstrand Mansions, Prince Of Wales Drive is marginally bigger than the average property in this postcode.

Sale history

The most paid for a property in Prince Of Wales Drive, SW11 4EX was £1,940,000 in 2016.

Date Price Change
Today's value* £1,524,000 141.1%
20 Aug 2004 £632,000 -
Flat 63, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EX
Flat 63, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EX
Flat 63, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EX
Flat 63, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EX
Flat 63, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EX
Flat 63, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EX
Flat 63, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EX
Flat 63, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EX
Flat 63, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EX
Flat 63, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EX
Flat 63, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EX
Flat 63, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EX
Flat 63, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EX
Flat 63, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EX
Flat 63, Overstrand Mansions, Prince Of Wales Drive, London, Wandsworth, Greater London, SW11 4EX
Flat 63, Overstrand Mansions, Prince Of Wales Drive, London is a 3 bedroom semi-detached house with 1,458 square feet of internal space.
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Valuation details

The most likely sale price is £1,524,000 but at the lower end we think it should fetch a minimum of £1,471,000.

On a cost per square foot basis, this property is valued at 14% less than the other houses in this postcode.

This property has increased in price by £892,000 since it last sold in 2004 - this equates to a 4.6% 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.

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 £1,930,000.

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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How does this property compare?

  • Most likely sale price: £1,524,000.
    • Offers likely to be accepted between £1,471,000 and £1,577,000.
    • Cost per squre foot: £1,044 (at a valuation of £1,524,000) - the average cost per square foot for this postcode is £1213.
  • 3 bedroom leasehold semi-detached house.
    • 1,458 square feet.
  • Property energy rating: 63.
    • This is above average for this postcode.
    • A score of 100 is the best energy rating a property can be given.

The local market - SW11 4EX

  • The average property price for this postcode is £1,542,000.
    • Prices here range from £670,000 to £2,041,000.
    • Expect to pay £1,031 to £1,394 per square foot for property in SW11 4EX.
  • 5 properties have sold in SW11 4EX 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 semi-detached house in the area SW11 4 over the past year is £2.5M.
  • Semi-detached houses have been selling for £929 per square foot across SW11 4.
  • 2 semi-detached houses have sold over the last 12 months (in the area coverring SW11 4).
What does it cost to live in this area?

Valuation accuracy

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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.