According to the public record, 8, Elmhurst Lodge, Sutton is a mid-century leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Elmhurst Lodge, Christchurch Park, Sutton, SM2.
Christchurch Park, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
8, Elmhurst Lodge, Sutton has a single entry in the Land Registry database from September 2018 and a single entry in the EPC database dated December 2021.
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 Elmhurst Lodge Sutton as £336,426 and the rental value as £1,789 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 8 Elmhurst Lodge Sutton has increased by £13,442 (4.0%) and its rental value has increased by £125 per month (7.0%).
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, Elmhurst Lodge, Sutton is in very good condition we estimate a sale value of £353,247 and rental value of £1,879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,876 and a rental value of £1,664 per month.
If you were able to purchase this property for the estimated value of £336,426, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,653 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, Elmhurst Lodge, Sutton was last sold on 11 Sep 2018 for £342,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2018, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Elmhurst Lodge, Sutton within a radius of 320 metres over the last 2 years.
The most recent example is 12, Elmhurst Lodge, Christchurch Park, Sutton, SM2 5TY, a Leasehold flat which sold for £300,000 in Sep 2023.
Read more about house prices in SM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Christchurch Park, Sutton, SM2 has a total of 216 addresses. According to our analysis of all the public data, 8, Elmhurst Lodge, Sutton is the 94th largest and the 120th most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in SM2.
8, Elmhurst Lodge, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Dec 2021.
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, Elmhurst Lodge, Sutton is Sutton (London) 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 8, Elmhurst Lodge, Sutton, 48.4% of property is privately rented and 26.8% 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, Elmhurst Lodge, Sutton, 22.8% of residents are recorded as possessing school level qualifications and 54.8% 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, Elmhurst Lodge, Sutton, the average age was 37.7 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 8, Elmhurst Lodge, Sutton, 0.8% 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, Elmhurst Lodge, 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.