How does it compare to other properties here?
Flat E, 2 Egerton Place, London
Valuation:
£2.44M
(49% less expensive)
Size: 818 Feet (49% smaller)
Flat 4, 3 Egerton Place, London
Valuation:
£1.69M
(65% less expensive)
Size: 947 Feet (41% smaller)
Flat 3, 13 - 14 Egerton Place, London
Valuation:
£5.42M
(14% more expensive)
Size: Unknown
Flat 5, 4 Egerton Place, London
Valuation:
£3.28M
(31% less expensive)
Size: 1,066 Feet (34% smaller)
Flat C, 2 Egerton Place, London
Valuation:
£2.43M
(49% less expensive)
Size: 700 Feet (56% smaller)
Flat F, 2 Egerton Place, London
Valuation:
£1.65M
(65% less expensive)
Size: 721 Feet (55% smaller)
Flat 5, 5 - 6 Egerton Place, London
Valuation:
£4.38M
(8% less expensive)
Size: 1,701 Feet (6% bigger)
Flat 8, 7 - 8 Egerton Place, London
Valuation:
£2.38M
(50% less expensive)
Size: Unknown
Flat 2, 3 Egerton Place, London
Valuation:
£3.06M
(36% less expensive)
Size: 958 Feet (40% smaller)
Flat B, 2 Egerton Place, London
Valuation:
£1.88M
(61% less expensive)
Size: 732 Feet (54% smaller)
Flat 2, 4 Egerton Place, London
Valuation:
£2.13M
(55% less expensive)
Size: 904 Feet (44% smaller)
Flat 4, 10 Egerton Place, London
Valuation:
£575k
(88% less expensive)
Size: Unknown
Flat D, 2 Egerton Place, London
Valuation:
£2.05M
(57% less expensive)
Size: 786 Feet (51% smaller)
Flat 4, 9 Egerton Place, London
Valuation:
£1.98M
(59% less expensive)
Size: Unknown
Flat 6, 9 Egerton Place, London
Valuation:
£693k
(85% less expensive)
Size: Unknown
Flat 7, 7 - 8 Egerton Place, London
Valuation:
£4.72M
(1% less expensive)
Size: Unknown
Flat 5, 9 Egerton Place, London
Valuation:
£779k
(84% less expensive)
Size: 890 Feet (45% smaller)
Flat 4, 5 - 6 Egerton Place, London
Valuation:
£4.77M
(0% less expensive)
Size: 1,604 Feet (0% smaller)
Flat A, 2 Egerton Place, London
Valuation:
£1.22M
(74% less expensive)
Size: 1,216 Feet (24% smaller)
Flat 4, 4 Egerton Place, London
Valuation:
£1.19M
(75% less expensive)
Size: 807 Feet (50% smaller)
Flat 1, 4 Egerton Place, London
Valuation:
£4.98M
(4% more expensive)
Size: Unknown
Flat 2, 10 Egerton Place, London
Valuation:
£3.13M
(34% less expensive)
Size: 980 Feet (39% smaller)
Flat 5, 3 Egerton Place, London
Valuation:
£844k
(82% less expensive)
Size: 1,012 Feet (37% smaller)
Flat 3, 4 Egerton Place, London
Valuation:
£1.71M
(64% less expensive)
Size: 990 Feet (38% smaller)
Flat 6, 7 - 8 Egerton Place, London
Valuation:
£528k
(89% less expensive)
Size: Unknown
First Floor Flat, 1 Egerton Place, London
Valuation:
£711k
(85% less expensive)
Size: Unknown
Third And Fourth Floor Flat, 1 Egerton Place, London
Valuation:
£1.47M
(69% less expensive)
Size: Unknown
3 Egerton Place, London
Valuation:
£3.47M
(27% less expensive)
Size: Unknown
Flat 1, 13 Egerton Place, London
Valuation:
£11.12M
(133% more expensive)
Size: Unknown
4 13 - 14, Egerton Place, London
Valuation:
£1.9M
(60% less expensive)
Size: Unknown
Flat 1, 5 - 6 Egerton Place, London
Valuation:
£8.52M
(79% more expensive)
Size: Unknown
Flat 3, 5 - 6 Egerton Place, London
Valuation:
£8.52M
(79% more expensive)
Size: Unknown
Flat 6, 5 Egerton Place, London
Valuation:
£1.42M
(70% less expensive)
Size: 1,485 Feet (7% smaller)
Flat 2, 13 - 14 Egerton Place, London
Valuation:
£1.85M
(61% less expensive)
Size: Unknown
Flat 2, 5 Egerton Place, London
Valuation:
£1.81M
(62% less expensive)
Size: 1,507 Feet (6% smaller)
Basement Flat, 10 Egerton Place, London
Valuation:
£2.15M
(55% less expensive)
Size: Unknown
Flat 3, 3 Egerton Place, London
Valuation:
£1.93M
(60% less expensive)
Size: 1,173 Feet (27% smaller)
Flat 1, 10 Egerton Place, London
Valuation:
£1.53M
(68% less expensive)
Size: Unknown
Flat 4, 7 - 8 Egerton Place, London
Valuation:
£1.75M
(63% less expensive)
Size: Unknown
Automated valuation models do not take account of home improvements made since the property was last sold and place emphasis on a property's sold price history and that of other properties in the area.
What does it cost to buy here?
Egerton Place, SW3 2EF
Automated valuations and their limitations
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.
£2,972
Against benchmark:
+£778
Based on Flat 4, 5 - 6 Egerton Place having a valuation of £4,768,000 in today's market and 1,604 square feet of internal habitable space.
+35.5%
When compared against the other properties in this postcode, this property is valued at 35.5% more expensive on a cost per square foot basis.
What might make this property worth more on a CPSF basis?
When a property is valued at a higher cost per square foot than average, it can be because it:
- has been recently modernised with significant home improvements.
- has been decorated to a very high standard.
- has a bigger garden than neighbouring properties.
- has a better location (i.e. it has better views etc.).
- is architecturally more attractive than the other properties nearby.
Local CPSF valuation comparison
The average cost per square foot in SW3 2EF is £2,194
We have calculated that this property will probably sell for between £2,460 and £3,578 per square foot.
For property in Egerton Place, SW3 2EF
Expect to pay
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**
|
CPSF**
|
Flat E, 2 Egerton Place |
£2,436,000 |
£2,977
(36% more than average)
|
Flat 4, 3 Egerton Place |
£1,686,000 |
£1,780
(19% less than average)
|
Flat 5, 4 Egerton Place |
£3,278,000 |
£3,075
(40% more than average)
|
Flat C, 2 Egerton Place |
£2,432,000 |
£3,474
(58% more than average)
|
Flat F, 2 Egerton Place |
£1,653,000 |
£2,292
(4% more than average)
|
Flat 5, 5 - 6 Egerton Place |
£4,384,000 |
£2,577
(17% more than average)
|
Flat 2, 3 Egerton Place |
£3,059,000 |
£3,193
(46% more than average)
|
Flat B, 2 Egerton Place |
£1,882,000 |
£2,571
(17% more than average)
|
Flat 2, 4 Egerton Place |
£2,130,000 |
£2,356
(7% more than average)
|
Flat D, 2 Egerton Place |
£2,046,000 |
£2,603
(19% more 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.
What can cause an inaccurate valuation?
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.
Lastly, leasehold properties can sometimes be even harder to value due to the uncertainty around lease expiry dates as the data available around lease renewal is limited. A flat with a renewed lease can be worth substantially more than one with only a short lease left.
We'd expect most properties here to have a cost per square foot between £1,864 and £2,523.
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.