According to the public record, 6, The Maisonettes, Sutton is a mid-century leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Maisonettes, Cheam, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
6, The Maisonettes, Sutton has 2 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated July 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 6 The Maisonettes Sutton as £293,219 and the rental value as £1,508 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 6 The Maisonettes Sutton has increased by £7,815 (2.7%) and its rental value has increased by £66 per month (4.4%).
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 6, The Maisonettes, Sutton is in very good condition we estimate a sale value of £307,880 and rental value of £1,583 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,694 and a rental value of £1,402 per month.
If you were able to purchase this property for the estimated value of £293,219, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,441 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, 6, The Maisonettes, Sutton was last sold on 20 Aug 2021 for £300,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2021, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, The Maisonettes, Sutton within a radius of 520 metres over the last 2 years.
The most recent example is 32, The Maisonettes, Sutton, SM1 2LQ, a Leasehold flat which sold for £315,000 in Feb 2022.
Read more about house prices in SM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Maisonettes, Cheam, Sutton, SM1 has a total of 36 addresses. According to our analysis of all the public data, 6, The Maisonettes, Sutton is the 6th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in SM1.
6, The Maisonettes, Sutton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jul 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 6, The Maisonettes, Sutton is West Sutton 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 6, The Maisonettes, Sutton, 46.8% of property is privately owned with a mortgage and 29.4% 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 6, The Maisonettes, Sutton, 22.4% of residents are recorded as possessing school level qualifications and 41.0% 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 6, The Maisonettes, Sutton, the average age was 37.7 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 6, The Maisonettes, Sutton, 1.2% 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 6, The Maisonettes, Sutton, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.