According to the public record, 7 Grosvenor Court, Sutton is a early-century leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Grosvenor Court, Brighton Road, Sutton, SM2.
Brighton Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
7 Grosvenor Court, Sutton has 51 entries in the Land Registry database, most recently in May 2020 and a single entry in the EPC database dated May 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 7 Grosvenor Court Sutton as £298,139 and the rental value as £1,614 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 7 Grosvenor Court Sutton has increased by £9,870 (3.3%) and its rental value has increased by £102 per month (6.3%).
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 7 Grosvenor Court, Sutton is in very good condition we estimate a sale value of £313,046 and rental value of £1,694 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,269 and a rental value of £1,501 per month.
If you were able to purchase this property for the estimated value of £298,139, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,465 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, 7 Grosvenor Court, Sutton was last sold on 29 May 2020 for £220,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since May 2020, the market for similar properties has risen 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 Grosvenor Court, Sutton within a radius of 300 metres over the last 2 years.
The most recent example is 26 Grosvenor Court, Brighton Road, Sutton, SM2 5BL, a Leasehold flat which sold for £325,000 in Dec 2022.
Read more about house prices in SM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brighton Road, Sutton, SM2 has a total of 555 addresses. According to our analysis of all the public data, 7 Grosvenor Court, Sutton is the 145th largest and the 133rd most expensive property on the street.
When compared to the postcode district it is £263k less expensive than the average property in SM2.
7 Grosvenor Court, Sutton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 May 2020.
The property is connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 7 Grosvenor Court, Sutton is Sutton (London) station which is 100 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 7 Grosvenor Court, Sutton, 40.8% of property is privately rented and 33.1% 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 7 Grosvenor Court, Sutton, 16.2% of residents are recorded as possessing school level qualifications and 51.1% 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 7 Grosvenor Court, Sutton, the average age was 39.3 and the most common age was 37.
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 7 Grosvenor Court, Sutton, 0.7% 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 7 Grosvenor Court, Sutton, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.