According to the public record, 2, Lymington Court, Sutton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 552 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Lymington Court, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
2, Lymington Court, Sutton has 41 entries in the Land Registry database, most recently in January 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Lymington Court Sutton as £331,818 and the rental value as £1,515 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 2 Lymington Court Sutton has increased by £9,285 (2.8%) and its rental value has increased by £73 per month (4.8%).
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, Lymington Court, Sutton is in very good condition we estimate a sale value of £348,409 and rental value of £1,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £308,591 and a rental value of £1,409 per month.
If you were able to purchase this property for the estimated value of £331,818, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,631 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, Lymington Court, Sutton was last sold on 13 Jan 2007 for £174,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2007, the market for similar properties has risen 65.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lymington Court, Sutton within a radius of 450 metres over the last 2 years.
The most recent example is 17 Benwood Court, Benhill Wood Road, Sutton, SM1 3SS, a Leasehold flat which sold for £295,000 in Jul 2023.
Read more about house prices in SM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lymington Court, Sutton, SM1 has a total of 37 addresses. According to our analysis of all the public data, 2, Lymington Court, Sutton is the 31st largest and the 25th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in SM1.
The closest station to 2, Lymington Court, Sutton is Sutton Common 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 2, Lymington Court, Sutton, 37.6% of property is privately owned outright and 31.2% 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, Lymington Court, Sutton, 19.8% of residents are recorded as possessing school level qualifications and 35.4% 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 2, Lymington Court, 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, Lymington Court, 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 2, Lymington Court, Sutton, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.