According to the public record, 3, Kingsway Road, Sutton is a mid-century leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Kingsway Road, Cheam, Sutton, SM3 is located in the borough of Sutton within the SM3 postal district.
3, Kingsway Road, Sutton has 21 entries in the Land Registry database, most recently in April 2008 and a single entry in the EPC database dated November 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 3 Kingsway Road Sutton as £471,719 and the rental value as £1,799 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 3 Kingsway Road Sutton has increased by £15,688 (3.3%) and its rental value has increased by £97 per month (5.4%).
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 3, Kingsway Road, Sutton is in very good condition we estimate a sale value of £495,305 and rental value of £1,889 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,699 and a rental value of £1,673 per month.
If you were able to purchase this property for the estimated value of £471,719, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,318 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, 3, Kingsway Road, Sutton was last sold on 18 Apr 2008 for £220,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2008, the market for similar properties has risen 62.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Kingsway Road, Sutton within a radius of 640 metres over the last 2 years.
The most recent example is Flat 18, Century House, Station Way, Sutton, SM3 8SW, a Leasehold flat which sold for £475,000 in Jun 2023.
Read more about house prices in SM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kingsway Road, Cheam, Sutton, SM3 has a total of 6 addresses. According to our analysis of all the public data, 3, Kingsway Road, Sutton is the largest and the most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in SM3.
3, Kingsway Road, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Nov 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 3, Kingsway Road, Sutton is Cheam station which is 200 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 3, Kingsway Road, Sutton, 47.7% of property is privately owned outright and 27.2% 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 3, Kingsway Road, Sutton, 15.0% of residents are recorded as possessing school level qualifications and 46.1% 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 3, Kingsway Road, Sutton, the average age was 42.2 and the most common age was 42.
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 3, Kingsway Road, Sutton, 2.1% 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 3, Kingsway Road, 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.