According to the public record, 2, Chestnut Terrace, Sutton is a mid-century freehold house with 753 ft2 of internal area and sits on a 94.4 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chestnut Terrace, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
2, Chestnut Terrace, Sutton has a single entry in the Land Registry database from July 2006 and a single entry in the EPC database dated January 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 2 Chestnut Terrace Sutton as £405,038 and the rental value as £2,051 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 2 Chestnut Terrace Sutton has increased by £14,356 (3.5%) and its rental value has increased by £115 per month (5.6%).
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, Chestnut Terrace, Sutton is in very good condition we estimate a sale value of £425,290 and rental value of £2,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,685 and a rental value of £1,907 per month.
If you were able to purchase this property for the estimated value of £405,038, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,991 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, 2, Chestnut Terrace, Sutton sits on a plot of 94m2.
We have plot size data on 4 out of 9 other houses in the postcode and 2, Chestnut Terrace, Sutton sits on the 2nd largest plot.
According to HM Land Registry, 2, Chestnut Terrace, Sutton was last sold on 31 Jul 2006 for £197,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chestnut Terrace, Sutton within a radius of 340 metres over the last 2 years.
The most recent example is 30, Rosebery Gardens, Sutton, SM1 4EZ, a Freehold house which sold for £375,000 in Oct 2020.
Read more about house prices in SM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Terrace, Sutton, SM1 has a total of 9 addresses. According to our analysis of all the public data, 2, Chestnut Terrace, Sutton is the 5th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in SM1.
2, Chestnut Terrace, Sutton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 2015.
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 2, Chestnut Terrace, Sutton is West Sutton 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 2, Chestnut Terrace, Sutton, 30.6% of property is socially rented and 26.9% is privately rented.
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, Chestnut Terrace, Sutton, 25.1% of residents are recorded as possessing school level qualifications and 29.5% 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 2, Chestnut Terrace, Sutton, the average age was 35.6 and the most common age was 32.
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, Chestnut Terrace, Sutton, 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 2, Chestnut Terrace, 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.