According to the public record, 3, Penarth Court 2, Sutton is a modern leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Penarth Court, Devonshire Avenue, Sutton, SM2.
Devonshire Avenue, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
3, Penarth Court 2, Sutton has 31 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated May 2021.
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 Penarth Court 2 Sutton as £354,630 and the rental value as £1,693 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 3 Penarth Court 2 Sutton has increased by £11,731 (3.3%) and its rental value has increased by £106 per month (6.3%).
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 3, Penarth Court 2, Sutton is in very good condition we estimate a sale value of £372,361 and rental value of £1,777 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,806 and a rental value of £1,574 per month.
If you were able to purchase this property for the estimated value of £354,630, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,743 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, Penarth Court 2, Sutton was last sold on 04 Mar 2022 for £335,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2022, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Penarth Court 2, Sutton within a radius of 380 metres over the last 2 years.
The most recent example is 6, Penarth Court 2, Devonshire Avenue, Sutton, SM2 5LA, a Leasehold flat which sold for £320,000 in Aug 2023.
Read more about house prices in SM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devonshire Avenue, Sutton, SM2 has a total of 110 addresses. According to our analysis of all the public data, 3, Penarth Court 2, Sutton is the 11th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in SM2.
3, Penarth Court 2, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 3, Penarth Court 2, Sutton is Sutton (London) station which is 700 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, Penarth Court 2, Sutton, 40.4% of property is privately rented and 22.8% 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 3, Penarth Court 2, Sutton, 22.1% of residents are recorded as possessing school level qualifications and 49.5% 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 3, Penarth Court 2, 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 3, Penarth Court 2, 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 3, Penarth Court 2, Sutton, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.