According to the public record, 181, Albion Road, Sutton is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Albion Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
181, Albion Road, Sutton has 2 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated July 2019.
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 181 Albion Road Sutton as £271,096 and the rental value as £1,499 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 181 Albion Road Sutton has increased by £9,705 (3.6%) and its rental value has increased by £94 per month (6.3%).
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 181, Albion Road, Sutton is in very good condition we estimate a sale value of £284,650 and rental value of £1,574 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,119 and a rental value of £1,394 per month.
If you were able to purchase this property for the estimated value of £271,096, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,332 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, 181, Albion Road, Sutton was last sold on 30 Aug 2023 for £312,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2023, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 181, Albion Road, Sutton within a radius of 460 metres over the last 2 years.
The most recent example is 155, Albion Road, Sutton, SM2 5TD, a Leasehold flat which sold for £250,000 in Mar 2023.
Read more about house prices in SM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albion Road, Sutton, SM2 has a total of 374 addresses. According to our analysis of all the public data, 181, Albion Road, Sutton is the 260th largest and the 308th most expensive property on the street.
When compared to the postcode district it is £290k less expensive than the average property in SM2.
181, Albion Road, Sutton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jul 2019.
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 181, Albion Road, Sutton is Sutton (London) station which is 900 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 181, Albion Road, Sutton, 45.5% of property is privately rented and 23.9% is privately owned with a mortgage.
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 181, Albion Road, Sutton, 21.4% of residents are recorded as possessing school level qualifications and 50.9% 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 181, Albion Road, Sutton, the average age was 43.7 and the most common age was 57.
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 181, Albion Road, Sutton, 0.0% 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 181, Albion Road, Sutton, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.