According to the public record, 118, Erskine Road, Sutton is a early-century freehold house with 1,022 ft2 of internal area and sits on a 262 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Erskine Road, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
118, Erskine Road, Sutton has 31 entries in the Land Registry database, most recently in May 2016 and a single entry in the EPC database dated January 2016.
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 118 Erskine Road Sutton as £505,540 and the rental value as £2,463 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 118 Erskine Road Sutton has increased by £15,353 (3.0%) and its rental value has increased by £133 per month (5.4%).
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 118, Erskine Road, Sutton is in very good condition we estimate a sale value of £530,817 and rental value of £2,586 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £470,152 and a rental value of £2,290 per month.
If you were able to purchase this property for the estimated value of £505,540, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,485 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, 118, Erskine Road, Sutton sits on a plot of 262m2.
We have plot size data on 18 out of 29 other houses in the postcode and 118, Erskine Road, Sutton sits on the 15th largest plot.
According to HM Land Registry, 118, Erskine Road, Sutton was last sold on 31 May 2016 for £450,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2016, the market for similar properties has risen 23.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 118, Erskine Road, Sutton within a radius of 510 metres over the last 2 years.
The most recent example is 45, Wrythe Lane, Carshalton, SM5 2RL, a Freehold house which sold for £625,000 in Nov 2022.
Read more about house prices in SM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erskine Road, Sutton, SM1 has a total of 152 addresses. According to our analysis of all the public data, 118, Erskine Road, Sutton is the 45th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in SM1.
118, Erskine Road, Sutton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jan 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 118, Erskine Road, Sutton is Carshalton station which is 600 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 118, Erskine Road, Sutton, 43.0% of property is privately owned with a mortgage and 31.6% 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 118, Erskine Road, Sutton, 20.1% of residents are recorded as possessing school level qualifications and 39.4% 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 118, Erskine Road, Sutton, the average age was 37.2 and the most common age was 42.
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 118, Erskine Road, Sutton, 0.7% 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 118, Erskine Road, Sutton, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.