According to the public record, 16, Bute Gardens West, Wallington is a early-century leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Bute Gardens West, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
16, Bute Gardens West, Wallington has a single entry in the Land Registry database from May 2014 and a single entry in the EPC database dated April 2024.
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 16 Bute Gardens West Wallington as £368,076 and the rental value as £1,719 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 16 Bute Gardens West Wallington has increased by £10,559 (2.9%) and its rental value has increased by £90 per month (5.2%).
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 16, Bute Gardens West, Wallington is in very good condition we estimate a sale value of £386,479 and rental value of £1,805 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,310 and a rental value of £1,599 per month.
If you were able to purchase this property for the estimated value of £368,076, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,809 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 HM Land Registry, 16, Bute Gardens West, Wallington was last sold on 21 May 2014 for £193,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2014, the market for similar properties has risen 33.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Bute Gardens West, Wallington within a radius of 390 metres over the last 2 years.
The most recent example is 54, Melbourne Road, Wallington, SM6 8SL, a Leasehold flat which sold for £335,000 in Nov 2023.
Read more about house prices in SM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bute Gardens West, Wallington, SM6 has a total of 52 addresses. According to our analysis of all the public data, 16, Bute Gardens West, Wallington is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in SM6.
16, Bute Gardens West, Wallington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Apr 2024.
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 16, Bute Gardens West, Wallington is Wallington station which is 500 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 16, Bute Gardens West, Wallington, 50.4% of property is privately owned with a mortgage and 37.2% 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 16, Bute Gardens West, Wallington, 25.7% of residents are recorded as possessing school level qualifications and 43.5% 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 16, Bute Gardens West, Wallington, the average age was 39.4 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 16, Bute Gardens West, Wallington, 0.5% 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 16, Bute Gardens West, Wallington, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.