According to the public record, 8, Cotton Way, Wallington is a modern freehold house with 1,162 ft2 of internal area and sits on a 119 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cotton Way, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
8, Cotton Way, Wallington has a single entry in the Land Registry database from June 2018 and a single entry in the EPC database dated June 2018.
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 Cotton Way Wallington as £593,383 and the rental value as £2,625 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 8 Cotton Way Wallington has increased by £3,804 (0.6%) and its rental value has increased by £76 per month (2.9%).
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 8, Cotton Way, Wallington is in very good condition we estimate a sale value of £623,052 and rental value of £2,756 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £551,846 and a rental value of £2,441 per month.
If you were able to purchase this property for the estimated value of £593,383, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,916 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 data from HM Land Registry, 8, Cotton Way, Wallington sits on a plot of 119m2.
We have plot size data on 16 out of 16 other houses in the postcode and 8, Cotton Way, Wallington sits on the 7th largest plot.
According to HM Land Registry, 8, Cotton Way, Wallington was last sold on 28 Jun 2018 for £540,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2018, the market for similar properties has risen 17.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cotton Way, Wallington within a radius of 400 metres over the last 2 years.
The most recent example is 2, Thread Street, Wallington, SM6 7FB, a Freehold house which sold for £598,000 in Aug 2023.
Read more about house prices in SM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cotton Way, Wallington, SM6 has a total of 16 addresses. According to our analysis of all the public data, 8, Cotton Way, Wallington is the 14th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £152k more expensive than the average property in SM6.
8, Cotton Way, Wallington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Jun 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 8, Cotton Way, Wallington is Hackbridge station which is 300 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, Cotton Way, Wallington, 49.2% of property is privately rented and 32.3% 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 8, Cotton Way, Wallington, 21.7% of residents are recorded as possessing school level qualifications and 35.6% 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, Cotton Way, Wallington, the average age was 35.5 and the most common age was 32.
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, Cotton Way, Wallington, 1.6% 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, Cotton Way, Wallington, 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.