According to the public record, 8, Chelsea Gardens, Sutton is a modern leasehold apartment with 465 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Chelsea Gardens, Cheam, Sutton, SM3 is located in the borough of Sutton within the SM3 postal district.
8, Chelsea Gardens, Sutton has 21 entries in the Land Registry database, most recently in December 2009 and a single entry in the EPC database dated March 2009.
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 8 Chelsea Gardens Sutton as £274,234 and the rental value as £1,285 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 8 Chelsea Gardens Sutton has increased by £8,610 (3.1%) and its rental value has increased by £58 per month (4.5%).
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 8, Chelsea Gardens, Sutton is in very good condition we estimate a sale value of £287,945 and rental value of £1,349 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,037 and a rental value of £1,195 per month.
If you were able to purchase this property for the estimated value of £274,234, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,348 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, 8, Chelsea Gardens, Sutton was last sold on 21 Dec 2009 for £160,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2009, the market for similar properties has risen 77.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Chelsea Gardens, Sutton within a radius of 460 metres over the last 2 years.
The most recent example is 32, Chelsea Gardens, Sutton, SM3 9TN, a Leasehold flat which sold for £210,000 in Nov 2023.
Read more about house prices in SM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chelsea Gardens, Cheam, Sutton, SM3 has a total of 48 addresses. According to our analysis of all the public data, 8, Chelsea Gardens, Sutton is the 37th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £254k less expensive than the average property in SM3.
8, Chelsea Gardens, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2009.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 8, Chelsea Gardens, Sutton is West Sutton station which is 700 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 8, Chelsea Gardens, Sutton, 44.0% of property is privately owned with a mortgage and 30.7% 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 8, Chelsea Gardens, Sutton, 22.2% of residents are recorded as possessing school level qualifications and 37.4% 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 8, Chelsea Gardens, Sutton, the average age was 39.2 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 8, Chelsea Gardens, 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 8, Chelsea Gardens, 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.