According to the public record, 53, Peaches Close, Sutton is a mid-century leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Peaches Close, Cheam, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
53, Peaches Close, Sutton has a single entry in the Land Registry database from August 2006 and a single entry in the EPC database dated November 2022.
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 Peaches Close Sutton as £414,416 and the rental value as £1,935 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 53 Peaches Close Sutton has increased by £15,701 (3.8%) and its rental value has increased by £126 per month (6.5%).
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 53, Peaches Close, Sutton is in very good condition we estimate a sale value of £435,137 and rental value of £2,032 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,407 and a rental value of £1,800 per month.
If you were able to purchase this property for the estimated value of £414,416, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,037 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, 53, Peaches Close, Sutton was last sold on 24 Aug 2006 for £233,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Peaches Close, Sutton within a radius of 700 metres over the last 2 years.
The most recent example is 91, Peaches Close, Sutton, SM2 7BL, a Leasehold flat which sold for £408,000 in Jul 2023.
Read more about house prices in SM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Peaches Close, Cheam, Sutton, SM2 has a total of 75 addresses. According to our analysis of all the public data, 53, Peaches Close, Sutton is the 44th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in SM2.
53, Peaches Close, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Nov 2022.
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, Peaches Close, Sutton is Cheam 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 53, Peaches Close, Sutton, 48.1% of property is privately owned outright and 33.8% 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, Peaches Close, Sutton, 22.1% of residents are recorded as possessing school level qualifications and 61.2% 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 53, Peaches Close, 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, Peaches Close, Sutton, 0.6% 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, Peaches Close, Sutton, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.