Property valuation
Flat 8, The Shrubbery, 2, Lavender Gardens, London, Wandsworth, Greater London, SW11 1DL
Leasehold
Flat
50%
Today's price
£1,320,000
Last sold: March 2013 @ £880,000
Investment rating

The property didn't turn out to be a great investment for the previous owner.

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Last updated: 01/10/2021

How much has this property changed in price since it was last sold?

Flat 8, The Shrubbery, 2 is a leasehold flat - it is ranked as the 13th most expensive property in SW11 1DL, with a valuation of £1,320,000.

Since it last sold in March 2013 for £880,000, its value has increased by £440,000. You can refine the property valuation to take account of any home improvements by clicking here.

Sale history

Flat 8, The Shrubbery, 2 has 3 transactions recorded with HM Land Registry - its market value today is £1,320,000.

The current owner bought the property in March 2013 for £880,000 and has lived here for 8 years.

Date Price Change
Today's value £1,320,000 £440,000 50.0%
08 Mar 2013 £880,000 £112,500 14.7%
28 Apr 2008 £767,500 £452,500 143.7%
30 Jul 1998 £315,000 -

Since the current owner purchased the property, its value has increased by £440,000 (50%).

This valuation doesn't take account of any home improvements - see below for a fully refurbished valuation.

Latest sale analysis

Investment rating:

The previous owner bought this property for £767,500 in April 2008 and sold it for £880,000 in March 2013.

They owned the property for 4 years before selling it.

During this time, the price rose by £112,500 (14.7%), which equates to it increasing in value by 2.9% each year.

The property didn't turn out to be a great investment for the previous owner.

Property price rank
Ranked 13th out of 25 on price in SW11 1DL

We've compared this property to all the other properties in SW11 1DL* and calculate that this property is the 13th most expensive property in this postcode.

Estimated price
£1.257M
Low
£1,320,000
Compared to average: +6%
£1.404M
High

This property is 6% more expensive than average in this postcode.

There have been 9 sales in this postcode over the last ten years - the most recent property sold for £1,455,000.

The price that this house will sell for will be partly determined by how quickly the owner wants to sell, as well as the buyer's desire for this particular property.

If the owner is keen to move quickly, they are more likely to sell at the lower end of this valuation (£1,257,000). This valuation range assumes that no home improvements have been carried out since the owner purchased the property.

Cost per square foot
£1,039
Against benchmark: +£97
The average cost per square foot in SW11 1DL is £942.
The CPSF for this property is based on it having 1,270 square feet of habitable space and a valuation of £1,320,000.
Valuation review

Refurbishment

When a home is renovated, the price that a buyer is typically prepared to pay will increase.

Fully refurbished valuation

£1.445M
Low end expectation
£1.615M
Higher end potential
If Flat 8, The Shrubbery, 2 was previously purchased in a poor condition and then fully refurbished throughout, we would expect it to sit within a new price range starting at £1,445,000 and possibly fetching upto £1,615,000.

For a house to qualify for the fully refurbished valuation, we would expect home improvements to have been carried out to the kitchen, flooring, windows, doors, bathroom(s) and heating system.

Most recent sales in this postcode
What are the other properties worth?
AddressValuation
Flat 13, The Shrubbery, 2 £696,000 (+2%)
28 Lavender Gardens, London £1,425,000 (+11%)
12 Lavender Gardens, London £1,487,000 (+2%)
Flat 2, The Shrubbery, 2 £1,734,000 (+25%)
30 Lavender Gardens, London £2,007,000 (+10%)
What are the other properties worth?
Price range for SW11 1DL
  • Lower end property: £470k
  • Average property: £1.243M
  • Higher end property: £2.007M
All sales in SW11 1DL

Flat 8, The Shrubbery, 2 valued at £1,320,000 is the 13th most expensive property in SW11 1DL. If this property sold today, we estimate that it would most likely sell for £1,320,000 and sit within a price band ranging between £1,257,000 and £1,404,000.

At a market value of £1,320,000 and having 1270 square feet of internal floor space, this property today is valued at £1,039 per square foot. On this basis, this property is 10% more expensive than the average for SW11 1DL (which stands at £942 per square foot in today's market).

The most expensive property in SW11 1DL is valued at £2,007,000 in today's market whilst the cheapest is worth £470,000 - the average market value for properties here today is £1,242,520.

If the property was previously purchased in a bad state of repair, making home improvements throughout could increase its sale price to £1,615,000.

Please note, as this property has previously been sold on a lease, if the owner has renewed the lease, the value of the property could be significantly higher.

Recent sales in the surrounding roads

Scanning for recent sales near here

* Excluding properties that we've been unable to calculate a valuation for.

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 (including reliability, currency or suitability) of the data and information contained on this website and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this website. The estimate of current value ranges provided on the website are based on a proprietary automated valuation estimate provided by The Move Market. Any estimated values ranges are current at the date of the publication only. It is computer generated and is not a professional appraisal of the subject property and should not be relied upon in lieu of appropriate professional advice. The accuracy of the methodology used to develop the valuation, the existence of the subject property, the accuracy of the estimate and all rule sets provided are estimates based on available data and are not guaranteed or warranted. The Move Market excludes all liability for any loss or damage arising in connection with the estimated value provided in this report.