Not period house - cost?

[3bedterrace]

I am pretty confident with my understanding of market value of period properties (Victorian etc), but how about slightly newer /less elegant ones like the one in the picture? How much less should I expect to pay? Is it a risky investment?

@TeaPleaseNoLemon Not far from there. A similar looking house came on the market nearby for £3m last week.

Where I live, that would probably be on the market for £3m

Where do you live?

Houses that size have a huge premium here - far more that SW London - because there are so few of them. Most 3 beds are flats.

so where is it?

Talking really about the area around St John's Wood, Little Venice, Primrose Hill and towards the fancy bits of Hampstead

Oh sorry, realise that may not have been addressed to me!

I can seen one new build for 3m in St. JW but it's 3 floors & off street parking but there other cheaper ones.

I have a house around the corner from me up for 4m (which they won't get) but it's much bigger than normal houses & there's also houses a few roads away for 800k.

Even in Chelsea/Knightsbridges the 3/4m terraces are older properties.

not particularly relevant to the OP though.

That's not the same house

I know right, I’m so confused as to why it’s been posted

I would always opt for a period property over a non-period property, particularly if it is a fashionable part of London. I think they hold their price better and with tumultuous times ahead I’d consider it a better long term investment.

That listing has already been reduced by 100k

Offer 975 on the putney one instead OP

My guess is that it’s somewhere in E1or E2

I’m sorry I’m still confused, can you post a link to that pagE?

themovemarket.com/tools/propertyprices/145-putney-bridge-road-london-sw15-2pa

I don't think there is much difference in price between period vs not period properties

oh i love this.

Don’t worry OP your house is very nice I’m sure someone will give you a million pounds, courtyards a bit vibeless tho

i'm confused, the one in OPs photo sold in 2016 for 910k

has it now had a big makeover & on sale for 1m? Looks like a lot of money was spent on it.

It's not 1980s or 1990s. The other listing has the same windows and says it's a period home.

Sorry I did not have links and looked online for similar looking properties from the 60s/70s. my doubt was whether there was an unwritten rule about value for more modern houses…just like the other one posted by TeaPleaseNoLemon, modern ones stay on the market very long/sometimes never sell, whilst Victorian are gone in 3 days max.
here some examples:
this was on the market for £875k and did not sell:
www.rightmove.co.uk/house-prices/details/england-114331604-78471633?s=75042c9b14fb8689b9797b52b0a085ec033ca84cd5dc769cacb426de514c3a17#/
or this: www.dexters.co.uk/property-for-sale/house-for-sale-in-tintern-close-london-sw15/179106

Thoughts? Is it safer to buy a Victorian in a less expensive area? Appreciate it’s long term but sometimes life changes fast and you need to be able to move quickly…

Tbh anything you buy short term now is a little risky as the economy is very shaky, don't stretch yourself. I also think it depends the area, many parts of London favour the victorian terrace but as you move further out I think off street parking/larger properties are more desirable. I love the aesthetic of older properties & had a Edwardian flat but I grew up in a wide 1930s arts & craft & much prefer a wider house to a narrow, long one.

Often modern houses have smaller bedrooms than Victorian
It is better so compare price per sq ft rather than number of bedrooms

Stuff that doesn't sell - it's because the price is wrong

Your examples - one is on the South Circular, the other is on a council estate without it's own garden