According to the public record, 50 Willow Court, Wallington is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Willow Court, Willow Road, Wallington, SM6.
Willow Road, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
50 Willow Court, Wallington has 41 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated August 2018.
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 50 Willow Court Wallington as £241,508 and the rental value as £1,351 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 50 Willow Court Wallington has increased by £2,899 (1.2%) and its rental value has increased by £48 per month (3.5%).
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 50 Willow Court, Wallington is in very good condition we estimate a sale value of £253,583 and rental value of £1,419 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,602 and a rental value of £1,257 per month.
If you were able to purchase this property for the estimated value of £241,508, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,187 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, 50 Willow Court, Wallington was last sold on 22 Jul 2022 for £255,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2022, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50 Willow Court, Wallington within a radius of 400 metres over the last 2 years.
The most recent example is 26 Willow Court, Willow Road, Wallington, SM6 0PF, a Leasehold flat which sold for £250,000 in Mar 2023.
Read more about house prices in SM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Willow Road, Wallington, SM6 has a total of 52 addresses. According to our analysis of all the public data, 50 Willow Court, Wallington is the 51st largest and the 51st most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in SM6.
50 Willow Court, Wallington has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 31 Aug 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 50 Willow Court, Wallington is Wallington station which is 600 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 50 Willow Court, Wallington, 35.3% of property is privately owned with a mortgage and 27.7% is privately rented.
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 50 Willow Court, Wallington, 18.2% of residents are recorded as possessing school level qualifications and 41.7% 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 50 Willow Court, Wallington, the average age was 42.4 and the most common age was 47.
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 50 Willow Court, 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 50 Willow Court, 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.