According to the public record, 40, Fairlands Avenue, Sutton is a early-century freehold house with 904 ft2 of internal area and sits on a 262 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fairlands Avenue, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
40, Fairlands Avenue, Sutton has 31 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated June 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 40 Fairlands Avenue Sutton as £532,427 and the rental value as £2,248 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 40 Fairlands Avenue Sutton has increased by £10,249 (1.9%) and its rental value has increased by £87 per month (3.9%).
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 40, Fairlands Avenue, Sutton is in very good condition we estimate a sale value of £559,048 and rental value of £2,360 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £495,157 and a rental value of £2,091 per month.
If you were able to purchase this property for the estimated value of £532,427, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,617 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, 40, Fairlands Avenue, Sutton sits on a plot of 262m2.
We have plot size data on 24 out of 42 other houses in the postcode and 40, Fairlands Avenue, Sutton sits on the 6th largest plot.
According to HM Land Registry, 40, Fairlands Avenue, Sutton was last sold on 19 Oct 2020 for £255,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2020, the market for similar properties has risen 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Fairlands Avenue, Sutton within a radius of 570 metres over the last 2 years.
The most recent example is 23, Hurstcourt Road, Sutton, SM1 3JF, a Freehold house which sold for £628,000 in Apr 2023.
Read more about house prices in SM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairlands Avenue, Sutton, SM1 has a total of 42 addresses. According to our analysis of all the public data, 40, Fairlands Avenue, Sutton is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £107k more expensive than the average property in SM1.
40, Fairlands Avenue, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jun 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 40, Fairlands Avenue, Sutton is Sutton Common station which is 400 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 40, Fairlands Avenue, Sutton, 47.9% of property is privately owned with a mortgage and 32.6% 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 40, Fairlands Avenue, Sutton, 22.3% of residents are recorded as possessing school level qualifications and 38.2% 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 40, Fairlands Avenue, Sutton, the average age was 39.9 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 40, Fairlands Avenue, Sutton, 0.3% 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 40, Fairlands Avenue, Sutton, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.