Thursday, May 30, 2024

The justice of house prices

If a house on Justice Walk in Chelsea sells for its asking price, it will have risen in value by a staggering 817% in 19 years

 

5 Justice Walk in Chelsea provides fine illustration of how rapidly property prices have rocketed in London in just under twenty years given, if it sells for its asking price, it will have risen in value by 817% since 1996.

 

The justice of house prices – 5 Justice Walk, Old Chelsea, London, SW3 5DE, United Kingdom
The justice of house prices – 5 Justice Walk, Old Chelsea, London, SW3 5DE, United Kingdom

 

Sold, according to property site Zoopla, for £600,000 in September 1996, £1.4 million in November 2000, £1.7 million in June 2003 and now on the market for £5.5 million ($8.6 million, €7.8 million), the 2,546 square foot low-built house adjoins The Court House – which The Steeple Times featured in March – and includes a large reception room and a dining kitchen to the ground floor and 4 bedrooms and 2 bathrooms to the first floor. On the second floor there is “an indulgent master suite” with a large bedroom, bathroom, dressing room, study, roof terrace and balcony whilst to the rear of the house is a secluded courtyard garden.

 

The justice of house prices – 5 Justice Walk, Old Chelsea, London, SW3 5DE, United Kingdom
The house has one large reception room
The justice of house prices – 5 Justice Walk, Old Chelsea, London, SW3 5DE, United Kingdom
A dining kitchen is also located on the ground floor
The justice of house prices – 5 Justice Walk, Old Chelsea, London, SW3 5DE, United Kingdom
A contemporary staircase links the floors
The justice of house prices – 5 Justice Walk, Old Chelsea, London, SW3 5DE, United Kingdom
The master bedroom suite takes up the entire second floor
The justice of house prices – 5 Justice Walk, Old Chelsea, London, SW3 5DE, United Kingdom
There is a courtyard garden to the rear
The justice of house prices – 5 Justice Walk, Old Chelsea, London, SW3 5DE, United Kingdom
A floor plan of the property

 

The property is on the market through Knight Frank.

 

 

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