Lower Flat, 26 Balfern Street, London, Wandsworth, Greater London, SW11 3EN

Flat
3.4%
PROPERTY VALUATION
£
Last sold: July 2017
VALUATION RANGE
£648k - £696k
LOW OFFER | HIGH OFFER
PRICE CHANGE
£22,000
Percentage change: +3.4%

This valuation does not take into account any home improvements or extensions made to the property.

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

Lower Flat, 26 Balfern Street is a flat - it is ranked as the 7th most expensive property* in SW11 3EN, with a valuation of £672,000.

Since it last sold in July 2017 for £650,000, its value has increased by £22,000.

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

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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 £648k and £696k.

  • This property has increased in price by £22,000 since it last sold in 2017 - this equates to a 0.5% rise each year.

  • The property turned out to be a superb investment for the previous owner - returning on average 10.0% per annum.

  • 105 flats have sold at an average price of £554,835 in SW11 3 over the last 12 months.

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Sale history

The most paid for a property in Balfern Street, SW11 3EN was £1,235,000 in 2017.

Date Price Change
Today's value* £672,000 3.4%
29 Jul 2017 £650,000 33.5%
17 Jul 2014 £487,000 27.0%

The local market - Balfern Street, SW11 3EN

  • The average property value here is £1,021,000.
    • Valuations range from £580,000 to £1,437,000.
  • No properties have sold in SW11 3EN over the last 5 years.
  • Balfern Street has 2 postcodes associated with it.
    • The average price of property in Balfern Street is £942,360.
    • Property in Balfern Street typically sells for between £785 and £1,061 per square foot.
    • Properties in Balfern Street are currently valued at an average cost per square foot of £923.
3.4%
This property has increased in price by 3.4% since it last sold 6 years ago
34%
This property is 34% less expensive than average in Balfern Street, SW11 3EN
  • 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 £1.12M.
  • This is based on it having an internal floor area of 1,208 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.
  • Expect to pay £849 to £1,148 per square foot to live in SW11 3EN depending on the property's condition and size of its garden.
  • 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:
£580k
Average house price:
£1.02M
Most expensive:
£1.44M
Lower Flat, 26 Balfern Street, London is a flat.
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Valuation details

The most likely sale price is £672,000 but at the lower end we think it should fetch a minimum of £648,000.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £916,000.

UPDATE VALUATION
Investment Performance
Annual change: 10%

The previous owner had the property for 3 years, having purchased it in July 2014 for £487,000.

During this time, the price rose by £163,000 (33.5%), which equates to it increasing in value by 10% each year.

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

PropertyValuation
48 Balfern Street, London, Wandsworth, Greater London, SW11 3EN 48 Balfern Street, London
3 bed | 1119 sq. ft.
£580,000
Lower Flat, 26 Balfern Street
£672,000
56 Balfern Street, London, Wandsworth, Greater London, SW11 3EN 56 Balfern Street, London
3 bed | 1736 sq. ft.
£1,076,000
2 Balfern Street, London, Wandsworth, Greater London, SW11 3EN 2 Balfern Street, London
4 bed | 1014 sq. ft.
£1,302,000
54 Balfern Street, London
5 bed | 1389 sq. ft.
£1,437,000

How does this property compare?

  • Most likely sale price: £672,000.
  • Offers likely to be accepted between £648,000 and £696,000.
  • Leasehold flat.

The property market across SW11 3

  • The average price paid for a flat in the area SW11 3 over the past year is £555k.
  • Flats have been selling for £685 per square foot across SW11 3.
  • 105 flats have sold over the last 12 months (in the area coverring SW11 3).
What does it cost to live in this area?
Recent sales in the surrounding roads
Searching for recent sales near here

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.