According to the public record, 8, Tegan Close, Sutton is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 376 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Tegan Close, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
8, Tegan Close, Sutton has a single entry in the Land Registry database from July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Tegan Close Sutton as £298,791 and the rental value as £1,530 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 8 Tegan Close Sutton has increased by £10,517 (3.5%) and its rental value has increased by £100 per month (6.5%).
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, Tegan Close, Sutton is in very good condition we estimate a sale value of £313,730 and rental value of £1,607 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,875 and a rental value of £1,423 per month.
If you were able to purchase this property for the estimated value of £298,791, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,468 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, Tegan Close, Sutton was last sold on 25 Jul 2007 for £195,833 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2007, the market for similar properties has risen 61.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 480 metres radius of 8, Tegan Close, Sutton over the last 2 years.
The most recent example is Flat 5, Tegan Court, Tegan Close, Sutton, SM2 6GS, a Leasehold flat which sold for £365,000 in Jul 2022.
Read more about house prices in SM2.
Tegan Close, Sutton, SM2 has a total of 10 addresses. According to our analysis of all the public data, 8, Tegan Close, Sutton is the 10th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £262k less expensive than the average property in SM2.
The closest station to 8, Tegan Close, Sutton is Cheam 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, Tegan Close, Sutton, 44.4% of property is privately owned with a mortgage and 31.5% 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, Tegan Close, Sutton, 20.4% 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, Tegan Close, Sutton, the average age was 42.8 and the most common age was 42.
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, Tegan Close, Sutton, 1.5% 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, Tegan Close, Sutton, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.