According to the public record, 65, Heron Way, Wallington is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Heron Way, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
65, Heron Way, Wallington has 2 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated May 2021.
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 65 Heron Way Wallington as £291,833 and the rental value as £1,438 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 65 Heron Way Wallington has increased by £7,489 (2.6%) and its rental value has increased by £70 per month (4.9%).
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 65, Heron Way, Wallington is in very good condition we estimate a sale value of £306,425 and rental value of £1,510 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,405 and a rental value of £1,337 per month.
If you were able to purchase this property for the estimated value of £291,833, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,434 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, 65, Heron Way, Wallington was last sold on 22 Sep 2023 for £275,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2023, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 65, Heron Way, Wallington within a radius of 500 metres over the last 2 years.
The most recent example is 10, Hanno Close, Wallington, SM6 9BZ, a Leasehold flat which sold for £320,000 in Nov 2023.
Read more about house prices in SM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heron Way, Wallington, SM6 has a total of 43 addresses. According to our analysis of all the public data, 65, Heron Way, Wallington is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in SM6.
65, Heron Way, Wallington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 May 2021.
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 65, Heron Way, Wallington is Wallington station which is 1.2 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 65, Heron Way, Wallington, 50.0% of property is privately owned outright and 41.3% 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 65, Heron Way, Wallington, 19.4% of residents are recorded as possessing school level qualifications and 45.7% 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 65, Heron Way, Wallington, the average age was 35.6 and the most common age was 12.
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 65, Heron Way, Wallington, 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 65, Heron Way, Wallington, there are an average of 1.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.