According to the public record, 4, Belmont Road, Wallington is a period leasehold apartment with 1,249 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Belmont Road, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
4, Belmont Road, Wallington has a single entry in the Land Registry database from February 2016 and a single entry in the EPC database dated March 2015.
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 4 Belmont Road Wallington as £448,611 and the rental value as £2,298 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 4 Belmont Road Wallington has increased by £14,233 (3.2%) and its rental value has increased by £128 per month (5.6%).
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 4, Belmont Road, Wallington is in very good condition we estimate a sale value of £471,041 and rental value of £2,413 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £417,208 and a rental value of £2,138 per month.
If you were able to purchase this property for the estimated value of £448,611, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,205 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, 4, Belmont Road, Wallington was last sold on 09 Feb 2016 for £600,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2016, the market for similar properties has risen 9.0%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 4, Belmont Road, Wallington within a radius of 350 metres over the last 2 years.
The most recent example is 16B, Belmont Road, Wallington, SM6 8TB, a Leasehold flat which sold for £430,000 in Sep 2021.
Read more about house prices in SM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Belmont Road, Wallington, SM6 has a total of 157 addresses. According to our analysis of all the public data, 4, Belmont Road, Wallington is the 19th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in SM6.
4, Belmont Road, Wallington has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Mar 2015.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 4, Belmont Road, Wallington is Wallington station which is 300 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 4, Belmont Road, Wallington, 46.1% of property is privately rented and 27.3% 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 4, Belmont Road, Wallington, 15.2% of residents are recorded as possessing school level qualifications and 45.2% 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 4, Belmont Road, Wallington, the average age was 39.4 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 4, Belmont Road, Wallington, 0.7% 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 4, Belmont Road, Wallington, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.