If 3 Balfern Street, London were put on the market today, we calculate that without any home improvements it will sell for between £1,032,000 and £1,106,000, with the most likely sale price being around £1,069,000.
Automated valuations utilise a property's sale history along with other local sale data to calculate the expected sale price.
We will only provide a valuation where we are satisfied we have enough data to be reasonably accurate, however, anomolies can still occur.
When a property is valued at a higher cost per square foot than average, it can be because it:
We have calculated that this property will probably sell for between £803 and £1,018 per square foot.
Below we show the cost per square foot that each property would sell for today and how it compares to the average for this postcode.
Address | Market value | Cost per square foot** |
---|---|---|
7 Balfern Street, London | £1,061,000 | £740 (23% less than average) |
3 Balfern Street, London | £1,069,000 | £919 (4% less than average) |
5 Balfern Street, London | £985,000 | £1,052 (10% more than average) |
37 Balfern Street, London | £601,000 | £858 (10% less than average) |
33 Balfern Street, London | £592,000 | £808 (16% less than average) |
53 Balfern Street, London | £1,150,000 | £971 (1% more than average) |
29 Balfern Street, London | £1,147,000 | £670 (30% less than average) |
15 Balfern Street, London | £1,108,000 | £1,119 (17% more than average) |
25 Balfern Street, London | £1,004,000 | £961 (0% more than average) |
39 Balfern Street, London | £693,000 | £869 (9% less than average) |
A property that is in better condition would typically have a higher cost per square foot.
** Cost per square foot is based on today's market value. Percentage values show the CPSF compared against the average CPSF in this property's postcode.
Conservatories are included as part of the property's habitable space but as they are less usable (and desirable) than a full extension, they often drag the cost per square foot of the property down.
Distressed sales (bankruptcy and probate), bad sold price data (errors in the data at Land Registry) and partial property sales (shared ownership schemes), can all cause automated valuation models to lose accuracy and lead to a valuation that is not at a level that it should be.
We'd expect most properties here to have a cost per square foot between £813 and £1,100.
Properties in a bad state of repair, as well as properties that have need to be sold quickly, will often achieve a cost per square foot at the lower end of the range. Conversely, those that have been renovated or where the seller is able to wait for a better offer to come in, will often manage to achieve a higher cost per square foot.
Keep reading to find out more on how to get an accurate market valuation and what other alternative valuation methods are available.
We recommend using the cost per square foot as a way to compare the valuations of similar properties in the area.
We offer a few different methods for valuing property - pricing property often still needs some human input to ensure that you're arriving at a sensible price. Make sure you compare local properties and use your judgement to produce a more accurate valuation.
To get the best valuation, sometimes it's best to:
* Excluding properties that we've been unable to calculate a valuation for.