According to the public record, 258, Demesne Road, Wallington is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 376 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Demesne Road, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
258, Demesne Road, Wallington has a single entry in the Land Registry database from June 2020 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 258 Demesne Road Wallington as £309,738 and the rental value as £1,418 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 258 Demesne Road Wallington has increased by £9,019 (2.9%) and its rental value has increased by £75 per month (5.3%).
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 258, Demesne Road, Wallington is in very good condition we estimate a sale value of £325,225 and rental value of £1,489 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,056 and a rental value of £1,319 per month.
If you were able to purchase this property for the estimated value of £309,738, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,522 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, 258, Demesne Road, Wallington was last sold on 24 Jun 2020 for £233,375 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2020, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 258, Demesne Road, Wallington within a radius of 600 metres over the last 2 years.
The most recent example is 31A, Rectory Lane, Wallington, SM6 8DX, a Leasehold house which sold for £12,500 in Apr 2020.
Read more about house prices in SM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Demesne Road, Wallington, SM6 has a total of 244 addresses. According to our analysis of all the public data, 258, Demesne Road, Wallington is the 241st largest and the 224th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in SM6.
The closest station to 258, Demesne Road, Wallington is Wallington station which is 1.2 kilometres 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 258, Demesne Road, Wallington, 53.7% of property is privately owned with a mortgage and 38.8% 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 258, Demesne Road, Wallington, 22.0% of residents are recorded as possessing school level qualifications and 43.1% 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 258, Demesne Road, Wallington, the average age was 39.7 and the most common age was 47.
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 258, Demesne Road, Wallington, 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 258, Demesne Road, Wallington, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.