Ronnie Wood to lose at least £1.375m on London property

June 25, 2010 at 2:47 PM Leave a comment

According to reports in the Daily Mail, ageing rocker Ronnie Wood has reduced the asking price on his Queen Anne house built c.1700 which directly overlooks the River Thames on London’s Cheyne Walk, SW10.

He first listed his property for sale in October 2009 for £6.5m, but recently reduced the asking price to £5.875million. It’s reported that he actually paid £7.25m for the property just over two years ago and that a hefty divorce settlement has led to the sale of the property.

We estimate the value of 103 Cheyne Walk, London, SW10 to be £10,138,631. This is higher than the average current value for homes on Cheyne Walk, SW10, which is £2,677,955. There have been 3 property sales on Cheyne Walk in the last 12 months, with the average price paid being £2,408,333.

103 Cheyne Walk is the middle 'in fill' property

Cheyne Walk has long been home to many a wealthy individual and has been dubbed “Rolling Stones Row” – Mick Jagger used to live at number 48 and Keith Richard at number 3 with Bill Wyman who, it’s believed is still living a stones (sorry) throw away on the Kings Road.

According to the selling agents:

“…the property extends to some 4,228 sq ft, the house has detailed planning consent for extension to provide approximately 7,300 sq ft of accommodation. The current consents, confirmed in November 2007, provide for a much extended house with basement, sub-basement and swimming pool. Various documents, elevations and plans are available upon request.”

Market overview for London, SW10

Property for sale in London, SW10

Entry filed under: Celebrity, House Prices. Tags: , , .

It’s a relief: George’s budget didn’t hit the homes market hard What’s in a street name…the secret to house prices perhaps?

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