According to the public record, 8 Pennington Lodge, Surbiton is a mid-century apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Pennington Lodge, Cranes Drive, Surbiton, KT5.
Cranes Drive, Surbiton, KT5 is located in the borough of Kingston upon Thames within the KT5 postal district.
8 Pennington Lodge, Surbiton has no records in the Land Registry database and a single entry in the EPC database dated May 2023.
We combine this information with public data 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 Pennington Lodge Surbiton as £389,195 and the rental value as £1,672 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 8 Pennington Lodge Surbiton has increased by £7,210 (1.9%) and its rental value has increased by £12 per month (0.7%).
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 Pennington Lodge, Surbiton is in very good condition we estimate a sale value of £408,654 and rental value of £1,756 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £361,951 and a rental value of £1,555 per month.
If you were able to purchase this property for the estimated value of £389,195, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,913 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 Pennington Lodge, Surbiton within a radius of 390 metres over the last 2 years.
The most recent example is 1, Keston Court, Cranes Park, Surbiton, KT5 8AF, a Leasehold flat which sold for £383,000 in Jul 2024.
Read more about house prices in KT5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranes Drive, Surbiton, KT5 has a total of 71 addresses. According to our analysis of all the public data, 8 Pennington Lodge, Surbiton is the 32nd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £223k less expensive than the average property in KT5.
8 Pennington Lodge, Surbiton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 May 2023.
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 Pennington Lodge, Surbiton is Surbiton station which is 800 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 Pennington Lodge, Surbiton, 36.5% of property is privately rented and 29.6% 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 Pennington Lodge, Surbiton, 19.2% of residents are recorded as possessing school level qualifications and 66.2% 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 Pennington Lodge, Surbiton, the average age was 36.7 and the most common age was 22.
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 Pennington Lodge, Surbiton, 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 Pennington Lodge, Surbiton, 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.