According to the public record, 88, Groveside Close, Carshalton is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 667 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Groveside Close, Carshalton, SM5 is located in the borough of Sutton within the SM5 postal district.
88, Groveside Close, Carshalton has a single entry in the Land Registry database from August 2018 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 88 Groveside Close Carshalton as £441,841 and the rental value as £2,203 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 88 Groveside Close Carshalton has increased by £15,169 (3.4%) and its rental value has increased by £129 per month (5.8%).
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 88, Groveside Close, Carshalton is in very good condition we estimate a sale value of £463,933 and rental value of £2,313 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,912 and a rental value of £2,049 per month.
If you were able to purchase this property for the estimated value of £441,841, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,172 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, 88, Groveside Close, Carshalton was last sold on 10 Aug 2018 for £370,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2018, the market for similar properties has risen 24.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 88, Groveside Close, Carshalton within a radius of 420 metres over the last 2 years.
The most recent example is 71, Bakers Gardens, Carshalton, SM5 2SF, a Freehold house which sold for £400,000 in Feb 2024.
Read more about house prices in SM5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Groveside Close, Carshalton, SM5 has a total of 97 addresses. According to our analysis of all the public data, 88, Groveside Close, Carshalton is the 69th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in SM5.
The closest station to 88, Groveside Close, Carshalton is Carshalton station which is 1.2 kilometres 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 88, Groveside Close, Carshalton, 38.1% of property is privately owned with a mortgage and 26.3% is socially 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 88, Groveside Close, Carshalton, 21.4% of residents are recorded as possessing school level qualifications and 34.7% 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 88, Groveside Close, Carshalton, the average age was 37.2 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 88, Groveside Close, Carshalton, 0.3% 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 88, Groveside Close, Carshalton, 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.