According to the public record, 8 Cranford Court, Cressingham Grove, Sutton is a mid-century leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Cressingham Grove, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
8 Cranford Court, Cressingham Grove, Sutton has 21 entries in the Land Registry database, most recently in June 2007 and a single entry in the EPC database dated July 2017.
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 Cranford Court Cressingham Grove Sutton as £267,302 and the rental value as £1,501 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 8 Cranford Court Cressingham Grove Sutton has increased by £6,251 (2.3%) and its rental value has increased by £66 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 8 Cranford Court, Cressingham Grove, Sutton is in very good condition we estimate a sale value of £280,667 and rental value of £1,576 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,591 and a rental value of £1,396 per month.
If you were able to purchase this property for the estimated value of £267,302, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,314 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 Cranford Court, Cressingham Grove, Sutton was last sold on 04 Jun 2007 for £170,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2007, the market for similar properties has risen 50.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 Cranford Court, Cressingham Grove, Sutton within a radius of 340 metres over the last 2 years.
The most recent example is 15, Glena Mount, Sutton, SM1 4HW, a Leasehold flat which sold for £325,000 in Jun 2024.
Read more about house prices in SM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cressingham Grove, Sutton, SM1 has a total of 160 addresses. According to our analysis of all the public data, 8 Cranford Court, Cressingham Grove, Sutton is the 112th largest and the 115th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in SM1.
8 Cranford Court, Cressingham Grove, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jul 2017.
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 8 Cranford Court, Cressingham Grove, Sutton is Sutton Common station which is 900 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 Cranford Court, Cressingham Grove, Sutton, 45.7% of property is privately owned with a mortgage and 24.8% is privately rented.
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 Cranford Court, Cressingham Grove, Sutton, 23.0% of residents are recorded as possessing school level qualifications and 41.7% 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 8 Cranford Court, Cressingham Grove, Sutton, the average age was 35.6 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 Cranford Court, Cressingham Grove, Sutton, 0.6% 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 Cranford Court, Cressingham Grove, Sutton, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.