Flat 7, The Shrubbery, 2, Lavender Gardens, London, Wandsworth, Greater London, SW11 1DL

Flat
442%
PROPERTY VALUATION
£
Price change: +£660,500
Since last sold: December 1997
VALUATION RANGE
£782k - £838k
LOW OFFER | HIGH OFFER
Confidence: High
UPDATE CONDITION

Property summary Last updated: 05/03/2024

Last updated: 05/03/2024

Flat 7, The Shrubbery, 2 is a flat - it is ranked as the 19th most expensive property* in SW11 1DL, with a valuation of £810,000.

Since it last sold in December 1997 for £149,500, its value has increased by £660,500.

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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 £782k and £838k.

  • The property turned out to be a amazing investment for the previous owner - returning on average 28.6% per annum.

  • 45 flats have sold at an average price of £732,731 over the last 12 months (in the area coverring SW11 1).

  • If this property is similar in size to the average property here - utilising the average cost per square foot, we would expect it to have a valuation of £1.41M.
  • This is based on it having an internal floor area of 1,511 square feet.
  • 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:
£499k
Average house price:
£1.29M
Most expensive:
£2.13M
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442%
This property has increased in price by 442% since it last sold 26 years ago
37%
This property is 37% less expensive than average in Lavender Gardens, SW11 1DL

Sale history

The most paid for a property in Lavender Gardens, SW11 1DL was £1,825,000 in 2015.

Date Price Change
Today's value* £810,000 441.8%
22 Dec 1997 £149,500 34.7%
16 Oct 1996 £111,000 -
Flat 7, The Shrubbery, 2, Lavender Gardens, London is a flat.
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Valuation details

The most likely sale price is £810,000 but at the lower end we think it should fetch a minimum of £782,000.

This property has increased in price by £660,500 since it last sold in 1997 - this equates to a 6.6% 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.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £932,000.

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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Investment Performance
Annual change: 28.6%

Was It A Good Investment?

The previous owner had the property for 1 year and 2 months, having purchased it in October 1996 for £111,000.

During this time, the price rose by £38,500 (34.7%), which equates to it increasing in value by 28.6% each year.

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

How does this property compare?

  • Most likely sale price: £810,000.
    • Offers likely to be accepted between £782,000 and £838,000.
  • Leasehold flat.

The local market - SW11 1DL

  • The average property price for this postcode is £1,288,000.
    • Prices here range from £499,000 to £2,128,000.
    • Expect to pay £793 to £1,072 per square foot for property in SW11 1DL.
  • 7 properties have sold in SW11 1DL over the last 5 years.
  • Lavender Gardens has 4 postcodes associated with it.
    • The average price of property in Lavender Gardens is £1,148,007.
    • Property in Lavender Gardens typically sells for between £867 and £1,173 per square foot.
    • Properties in Lavender Gardens are currently valued at an average cost per square foot of £1,020.

The property market across SW11 1

  • The average price paid for a flat in the area SW11 1 over the past year is £733k.
  • Flats have been selling for £894 per square foot across SW11 1.
  • 45 flats have sold over the last 12 months (in the area coverring SW11 1).
What does it cost to live in this area?

Valuation accuracy

If the automated valuation doesn't look right you can create a custom valuation report by finding comparable properties near by to generate a fresh valuation.

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Things to check before buying a new home

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.