According to the public record, 8, Surrey Court 55, Wallington is a mid-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Surrey Court, Woodcote Road, Wallington, SM6.
Woodcote Road, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
8, Surrey Court 55, Wallington has a single entry in the Land Registry database from December 2013 and a single entry in the EPC database dated February 2023.
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 Surrey Court 55 Wallington as £273,978 and the rental value as £1,488 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 8 Surrey Court 55 Wallington has increased by £3,234 (1.2%) and its rental value has increased by £52 per month (3.5%).
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, Surrey Court 55, Wallington is in very good condition we estimate a sale value of £287,677 and rental value of £1,563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,799 and a rental value of £1,384 per month.
If you were able to purchase this property for the estimated value of £273,978, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,347 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, Surrey Court 55, Wallington was last sold on 20 Dec 2013 for £183,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2013, the market for similar properties has risen 41.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Surrey Court 55, Wallington within a radius of 370 metres over the last 2 years.
The most recent example is 5, Surrey Court 55, Woodcote Road, Wallington, SM6 0PN, a Leasehold flat which sold for £303,000 in Jun 2024.
Read more about house prices in SM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodcote Road, Wallington, SM6 has a total of 713 addresses. According to our analysis of all the public data, 8, Surrey Court 55, Wallington is the 460th largest and the 402nd most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in SM6.
8, Surrey Court 55, Wallington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Feb 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, Surrey Court 55, Wallington is Wallington station which is 400 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, Surrey Court 55, Wallington, 41.7% of property is privately owned outright and 34.7% 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, Surrey Court 55, Wallington, 19.8% of residents are recorded as possessing school level qualifications and 38.7% 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, Surrey Court 55, Wallington, the average age was 39.4 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, Surrey Court 55, Wallington, 1.1% 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, Surrey Court 55, Wallington, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.