According to the public record, 2 Cedar Court, Sutton is a period Leasehold apartment with 815 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Cedar Court, Cedar Road, Sutton, SM2.
Cedar Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
2 Cedar Court, Sutton has 21 entries in the Land Registry database, most recently in February 2012 and a single entry in the EPC database dated November 2004.
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 2 Cedar Court Sutton as £377,852 and the rental value as £1,914 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 2 Cedar Court Sutton has increased by £12,280 (3.3%) and its rental value has increased by £116 per month (6.0%).
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 2 Cedar Court, Sutton is in very good condition we estimate a sale value of £396,745 and rental value of £2,009 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,403 and a rental value of £1,780 per month.
If you were able to purchase this property for the estimated value of £377,852, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,857 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, 2 Cedar Court, Sutton was last sold on 20 Feb 2012 for £207,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2012, the market for similar properties has risen 59.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Cedar Court, Sutton within a radius of 280 metres over the last 2 years.
The most recent example is 23A, Langley Park Road, Sutton, SM2 5EN, a Leasehold flat which sold for £400,000 in Nov 2022.
Read more about house prices in SM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Road, Sutton, SM2 has a total of 455 addresses. According to our analysis of all the public data, 2 Cedar Court, Sutton is the 61st largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in SM2.
2 Cedar Court, Sutton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Nov 2004.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 2 Cedar Court, Sutton is Sutton (London) station which is 300 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 2 Cedar Court, Sutton, 61.5% of property is privately rented and 19.3% 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 2 Cedar Court, Sutton, 14.2% of residents are recorded as possessing school level qualifications and 43.8% 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 2 Cedar Court, Sutton, the average age was 37.7 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 2 Cedar Court, Sutton, 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 2 Cedar Court, Sutton, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.