According to the public record, 38, Lodge Road, Wallington is a period freehold house with 699 ft2 of internal area and sits on a 93.4 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lodge Road, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
38, Lodge Road, Wallington has 51 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated September 2020.
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 38 Lodge Road Wallington as £438,423 and the rental value as £2,008 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 38 Lodge Road Wallington has increased by £11,493 (2.6%) and its rental value has increased by £100 per month (5.0%).
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 38, Lodge Road, Wallington is in very good condition we estimate a sale value of £460,344 and rental value of £2,108 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £407,733 and a rental value of £1,867 per month.
If you were able to purchase this property for the estimated value of £438,423, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,155 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, 38, Lodge Road, Wallington sits on a plot of 93m2.
We have plot size data on 13 out of 20 other houses in the postcode and 38, Lodge Road, Wallington sits on the 13th largest plot.
According to HM Land Registry, 38, Lodge Road, Wallington was last sold on 28 Jan 2022 for £440,100 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Jan 2022, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Lodge Road, Wallington within a radius of 390 metres over the last 2 years.
The most recent example is 6, Mint Road, Wallington, SM6 0TY, a Freehold house which sold for £447,000 in Aug 2023.
Read more about house prices in SM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lodge Road, Wallington, SM6 has a total of 54 addresses. According to our analysis of all the public data, 38, Lodge Road, Wallington is the 28th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in SM6.
38, Lodge Road, Wallington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Sep 2020.
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 38, Lodge Road, Wallington is Wallington 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 38, Lodge Road, Wallington, 33.1% of property is privately owned with a mortgage and 32.4% 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 38, Lodge Road, Wallington, 14.1% of residents are recorded as possessing school level qualifications and 46.8% 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 38, Lodge Road, Wallington, the average age was 38.8 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 38, Lodge 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 38, Lodge Road, Wallington, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.