Flat
1
920 sq ft
6%
PROPERTY VALUATION
£
Price change: +£29,000
Since last sold: February 2018
VALUATION RANGE
£520k - £568k
LOW OFFER | HIGH OFFER
Confidence: High
Good
Condition
Reasonable
Condition
Poor
Condition
At a sale price of £544k, we expect this property to be in a reasonable condition.
UPDATE CONDITION
Property summary Last updated: 05/03/2024
Last updated: 05/03/2024
184B Barcombe Avenue, Streatham Hill is a first floor 1 bedroom flat spread over 920 square feet, making it one of the smaller properties here - it is ranked as the 8th most expensive property* in SW2 3BD, with a valuation of £544,000.
Since it last sold in February 2018 for £515,000, its value has increased by £29,000.
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Essential buying details
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If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £520k and £568k.
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The property turned out to be a good investment for the previous owner - returning on average 5.6% per annum.
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50 flats have sold at an average price of £445,738 over the last 12 months (in the area coverring SW2 3).
How we evaluate a property's condition
- At a sale price of £544k, we expect this property to be in slightly worse condition than the neighbouring properties.
- This property has a lower cost per square foot than other properties in the area, which is why we think it is more likely to be in worse condition. This can be caused by a lack of general upkeep but it can also arise if the property has had a low quality extension. Typically houses with conservatory's often have a lower cost per square foot as whilst these make the property bigger, they tend to be cheaper to build and less usable.
- At a valuation of £544k it has a cost per square foot of £591, which is slightly less than the average for the area.The average cost per square foot for property here is £632.
Cost per square foot valuation
- If we valued this property using the average cost per square foot (CPSF) - it would be worth £581k. 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.
- 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.
What does it cost to live here?
Prices start at:
£427k
Average house price:
£722k
Most expensive:
£994k
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5.6%
This property has increased in price by 5.6% since it last sold 6 years ago
25%
This property is 25% less expensive than average in Barcombe Avenue, SW2 3BD
10 MOST RECENT SALES - SW2 3BD
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ALL SOLD PRICES SALES GRAPH
184B Barcombe Avenue is moderately smaller than the average property in this postcode.
Sale history
The most paid for a property in Barcombe Avenue, SW2 3BD was £950,000 in 2019.
| Date | Price | Change |
|---|---|---|
| Today's value* | £544,000 | 5.6% |
| 21 Feb 2018 | £515,000 | 21.2% |
| 07 Aug 2014 | £425,000 | 626.5% |
| 10 May 1996 | £58,500 | - |
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184B Barcombe Avenue, London is a 1 bedroom flat with 920 square feet of internal space.
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Valuation details
The most likely sale price is £544,000 but at the lower end we think it should fetch a minimum of £520,000.
On a cost per square foot basis, this property is valued at 6% less than the other houses in this postcode.
This property has increased in price by £29,000 since it last sold in 2018 - this equates to a 0.9% 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 lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller 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 £626,000.
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).
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- Investment rating
- Property details
- Local market
- Regional prices
Investment Performance
Annual change: 5.6%
Was It A Good Investment?
The previous owner had the property for 3 years, having purchased it in August 2014 for £425,000.
During this time, the price rose by £90,000 (21.2%), which equates to it increasing in value by 5.6% each year.
The property turned out to be a good investment for the previous owner.
How does this property compare?
- Most likely sale price: £544,000.
- Offers likely to be accepted between £520,000 and £568,000.
- Cost per squre foot: £591 (at a valuation of £544,000) - the average cost per square foot for this postcode is £632.
- 1 bedroom leasehold flat.
- 920 square feet.
- Property energy rating: 58.
- This is similar to the average for this postcode.
- A score of 100 is the best energy rating a property can be given.
The local market - SW2 3BD
- The average property price for this postcode is £722,000.
- Prices here range from £427,000 to £994,000.
- Expect to pay £537 to £726 per square foot for property in SW2 3BD.
- 4 properties have sold in SW2 3BD over the last 5 years.
- The latest sale in SW2 3BD went for £550k on 10 Jul 2023.
- Barcombe Avenue has 11 postcodes associated with it.
- The average price of property in Barcombe Avenue is £619,743.
- Property in Barcombe Avenue typically sells for between £577 and £781 per square foot.
- Properties in Barcombe Avenue are currently valued at an average cost per square foot of £679.
The property market across SW2 3
- The average price paid for a flat in the area SW2 3 over the past year is £446k.
- Flats have been selling for £605 per square foot across SW2 3.
- 50 flats have sold over the last 12 months (in the area coverring SW2 3).
What does it cost to live in this area?
Valuation accuracy
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.
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