At a sale price of £6.1M, we expect this property to be in very good condition.
UPDATE CONDITIONFlat 8, 87 Cadogan Gardens is a 3rd floor flat spread over 1,948 square feet, making it one of the bigger properties here - it is ranked as the 3rd most expensive property* in SW3 2RD, with a valuation of £6,098,000.
Since it last sold in July 2021 for £5,300,000, its value has increased by £798,000.
If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £5.89M and £6.31M.
The property turned out to be a amazing investment for the previous owner - returning on average 11.1% per annum.
23 flats have sold at an average price of £1,956,043 over the last 12 months (in the area coverring SW3 2).
Flat 8, 87 Cadogan Gardens is moderately bigger than the average property in this postcode.
The most paid for a property in Cadogan Gardens, SW3 2RD was £6,225,000 in 2023.
Date | Price | Change |
---|---|---|
Today's value* | £6,098,000 | 15.1% |
07 Jul 2021 | £5,300,000 | 790.8% |
28 Sep 2000 | £595,000 | - |
The most likely sale price is £6,098,000 but at the lower end we think it should fetch a minimum of £5,885,000.
On a cost per square foot basis, this property is valued at 56% more than the other houses in this postcode.
This property has increased in price by £798,000 since it last sold in 2021 - this equates to a 5.3% 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 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 £7,991,000.
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).
Mortgage repayment calculatorThe previous owner had the property for 20 years, having purchased it in September 2000 for £595,000.
During this time, the price rose by £4,705,000 (790.8%), which equates to it increasing in value by 11.1% each year.
The property turned out to be a amazing investment for the previous owner.
The sale on 07 July 2021 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.
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.
Create valuation reportWorking 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.