According to the public record, 53, Palmer Avenue, Sutton is a early-century freehold house with 1,334 ft2 of internal area and sits on a 447 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Palmer Avenue, Cheam, Sutton, SM3 is located in the borough of Sutton within the SM3 postal district.
53, Palmer Avenue, Sutton has 2 entries in the Land Registry database, most recently in April 2019 and a single entry in the EPC database dated September 2017.
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 53 Palmer Avenue Sutton as £718,230 and the rental value as £2,567 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 53 Palmer Avenue Sutton has decreased by £3,823 (0.5%) and its rental value has increased by £21 per month (0.8%).
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 53, Palmer Avenue, Sutton is in very good condition we estimate a sale value of £754,142 and rental value of £2,695 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £667,954 and a rental value of £2,387 per month.
If you were able to purchase this property for the estimated value of £718,230, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,530 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, 53, Palmer Avenue, Sutton sits on a plot of 447m2.
We have plot size data on 18 out of 36 other houses in the postcode and 53, Palmer Avenue, Sutton sits on the 16th largest plot.
According to HM Land Registry, 53, Palmer Avenue, Sutton was last sold on 12 Apr 2019 for £677,250 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2019, the market for similar properties has risen 18.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Palmer Avenue, Sutton within a radius of 610 metres over the last 2 years.
The most recent example is 27, Palmer Avenue, Sutton, SM3 8EF, a Freehold house which sold for £620,000 in Aug 2023.
Read more about house prices in SM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmer Avenue, Cheam, Sutton, SM3 has a total of 76 addresses. According to our analysis of all the public data, 53, Palmer Avenue, Sutton is the 44th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £190k more expensive than the average property in SM3.
53, Palmer Avenue, Sutton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2017.
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 53, Palmer Avenue, Sutton is Stoneleigh station which is 1.3 kilometres 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 53, Palmer Avenue, Sutton, 57.5% of property is privately owned outright and 39.7% 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 53, Palmer Avenue, Sutton, 19.6% of residents are recorded as possessing school level qualifications and 38.7% 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 53, Palmer Avenue, Sutton, the average age was 42.2 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 53, Palmer Avenue, Sutton, 1.0% 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 53, Palmer Avenue, Sutton, there are an average of 1.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.