According to the public record, 7, Heron Close, Sutton is a modern Leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Heron Close, Cheam, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
7, Heron Close, Sutton has a single entry in the Land Registry database from November 2006 and a single entry in the EPC database dated May 2014.
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 Heron Close Sutton as £327,761 and the rental value as £1,636 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 7 Heron Close Sutton has increased by £8,735 (2.7%) and its rental value has increased by £72 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 7, Heron Close, Sutton is in very good condition we estimate a sale value of £344,149 and rental value of £1,718 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,817 and a rental value of £1,522 per month.
If you were able to purchase this property for the estimated value of £327,761, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,611 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, Heron Close, Sutton was last sold on 29 Nov 2006 for £224,000 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 7, Heron Close, Sutton within a radius of 520 metres over the last 2 years.
The most recent example is Flat 5, Lara Lodge 26, Tate Road, Sutton, SM1 2TD, a Leasehold flat which sold for £309,250 in May 2024.
Read more about house prices in SM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heron Close, Cheam, Sutton, SM1 has a total of 20 addresses. According to our analysis of all the public data, 7, Heron Close, Sutton is the 11th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in SM1.
7, Heron Close, Sutton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 May 2014.
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 7, Heron Close, Sutton is West Sutton station which is 500 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, Heron Close, Sutton, 40.7% of property is privately owned with a mortgage and 37.4% is privately owned outright.
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, Heron Close, Sutton, 21.5% of residents are recorded as possessing school level qualifications and 52.4% 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, Heron Close, 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 7, Heron Close, Sutton, 0.0% 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 7, Heron Close, Sutton, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.