
Explore which home improvements can not only enhance your living space but also increase your property's value
Basement Flat 7 St Georges Place is a flat with a valuation of £292,000.
Since the property was last sold in December 2009 for £161,000, its value has risen by £131,000.
Sold property prices and home valuation trends over time
Flat features, location, and investment performance
Basement Flat 7 St Georges Place is a leasehold flat. If the property has typical features for the street, its size would be expected to be between 420 and 590 sq ft, based on the £496 to £694 average cost per sq ft for flats on St Georges Place.
The property was a reasonable investment for its previous owner, who made a £27,000 profit between July 2002 and December 2009.
Timeline of sold property prices
Since Basement Flat 7 St Georges Place's first recorded sale in 2002, the flat's price has risen by £158,000 or 6% per year.
During the same period, the price of an average home on St Georges Place increased by £270,000 or 8% per year, and the average UK home increased by 7% per year.
Flat leasehold
Flat leasehold
Flat leasehold
Comparison of local and national property prices
House Prices in St Georges Place start at £108,000 for the cheapest property on the street, rising to £986,000 for the most expensive.
Basement Flat 7 St Georges Place is worth 32% less than the £427,000 average property on St Georges Place and 3% less than the £300,000 average home in England.
Property valuation details and commonly asked questions
Every month, our Automated Valuation Model (AVM) determines property values.
Our AVM collects data from reputable sources, like HM Land Registry, and uses the data to estimate what each property is worth.
In our tests, we have found that the sale price of a property falls within our AVM's confidence range in most cases. However, there are scenarios where the valuations are not accurate. For example, if significant alterations have been made to a property recently or if a property is unique with few comparables.
For more details on the workings of our AVM, including its strengths, limitations, and how it measures up to traditional valuation methods, please refer to our guide 'How We Value Property'.
We try to make the valuations as accurate as possible, but they are estimates. When buying or selling property, you should speak to a qualified professional.
Sold property prices, and data on property types/tenures, are sourced from the HM Land Registry.
There is a time delay in property sales appearing in HM Land Registry, which can be up to three months.
We generate all our property valuations programmatically. They cannot be manually edited based on new information, such as evidence of redevelopment.
If sold property prices or property types are incorrect, you should verify them with HM Land Registry. You can notify HM Land Registry of any errors.
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