According to the public record, 1, Grassway, Wallington is a early-century freehold house with 979 ft2 of internal area and sits on a 321 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grassway, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
1, Grassway, Wallington has a single entry in the Land Registry database from June 2015 and a single entry in the EPC database dated February 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Grassway Wallington as £494,328 and the rental value as £2,308 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 1 Grassway Wallington has increased by £10,799 (2.2%) and its rental value has increased by £105 per month (4.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Grassway, Wallington is in very good condition we estimate a sale value of £519,045 and rental value of £2,423 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £459,725 and a rental value of £2,146 per month.
If you were able to purchase this property for the estimated value of £494,328, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,429 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Grassway, Wallington sits on a plot of 321m2.
We have plot size data on 11 out of 14 other houses in the postcode and 1, Grassway, Wallington sits on the 11th largest plot.
According to HM Land Registry, 1, Grassway, Wallington was last sold on 30 Jun 2015 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2015, the market for similar properties has risen 30.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Grassway, Wallington within a radius of 460 metres over the last 2 years.
The most recent example is 7, Northway, Wallington, SM6 8DH, a Freehold house which sold for £650,000 in Jul 2023.
Read more about house prices in SM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grassway, Wallington, SM6 has a total of 14 addresses. According to our analysis of all the public data, 1, Grassway, Wallington is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in SM6.
1, Grassway, Wallington has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Feb 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 1, Grassway, Wallington is Wallington station which is 800 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Grassway, Wallington, 43.8% of property is privately owned with a mortgage and 33.6% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Grassway, Wallington, 25.2% of residents are recorded as possessing school level qualifications and 34.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Grassway, Wallington, the average age was 38.8 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Grassway, Wallington, 0.9% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Grassway, Wallington, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.