According to the public record, 5 Drake Court, Cranes Park Avenue, Surbiton is a period Leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 5, Cranes Park Avenue, Surbiton, KT5.
Cranes Park Avenue, Surbiton, KT5 is located in the borough of Kingston upon Thames within the KT5 postal district.
5 Drake Court, Cranes Park Avenue, Surbiton has 3 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated May 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 5 Drake Court Cranes Park Avenue Surbiton as £383,524 and the rental value as £1,622 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 5 Drake Court Cranes Park Avenue Surbiton has increased by £14,662 (3.8%) and its rental value has increased by £44 per month (2.7%).
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 5 Drake Court, Cranes Park Avenue, Surbiton is in very good condition we estimate a sale value of £402,700 and rental value of £1,703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,677 and a rental value of £1,509 per month.
If you were able to purchase this property for the estimated value of £383,524, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,885 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, 5 Drake Court, Cranes Park Avenue, Surbiton was last sold on 23 Sep 2020 for £385,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2020, the market for similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Drake Court, Cranes Park Avenue, Surbiton within a radius of 380 metres over the last 2 years.
The most recent example is 43, Kings Keep, Kingston Upon Thames, KT1 2HP, a Leasehold flat which sold for £396,000 in Mar 2023.
Read more about house prices in KT5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranes Park Avenue, Surbiton, KT5 has a total of 119 addresses. According to our analysis of all the public data, 5 Drake Court, Cranes Park Avenue, Surbiton is the 87th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £228k less expensive than the average property in KT5.
5 Drake Court, Cranes Park Avenue, Surbiton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2015.
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 5 Drake Court, Cranes Park Avenue, Surbiton is Surbiton station which is 900 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 5 Drake Court, Cranes Park Avenue, Surbiton, 36.5% of property is privately rented and 29.6% 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 5 Drake Court, Cranes Park Avenue, Surbiton, 19.2% of residents are recorded as possessing school level qualifications and 66.2% 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 5 Drake Court, Cranes Park Avenue, Surbiton, the average age was 36.7 and the most common age was 22.
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 5 Drake Court, Cranes Park Avenue, Surbiton, 0.8% 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 5 Drake Court, Cranes Park Avenue, Surbiton, 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.