According to the public record, 9, The Spinney, Sutton is a early-century leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 9, The Spinney, Cheam, Sutton, SM3.
The Spinney, Cheam, Sutton, SM3 is located in the borough of Sutton within the SM3 postal district.
9, The Spinney, Sutton has 2 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated November 2016.
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 9 The Spinney Sutton as £392,308 and the rental value as £1,740 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 9 The Spinney Sutton has increased by £11,023 (2.8%) and its rental value has increased by £74 per month (4.2%).
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 9, The Spinney, Sutton is in very good condition we estimate a sale value of £411,923 and rental value of £1,827 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,847 and a rental value of £1,618 per month.
If you were able to purchase this property for the estimated value of £392,308, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,928 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, 9, The Spinney, Sutton was last sold on 27 Nov 2020 for £403,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2020, the market for similar properties has risen 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, The Spinney, Sutton within a radius of 540 metres over the last 2 years.
The most recent example is 17, The Spinney, Sutton, SM3 8JG, a Leasehold flat which sold for £407,500 in Jul 2023.
Read more about house prices in SM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Spinney, Cheam, Sutton, SM3 has a total of 32 addresses. According to our analysis of all the public data, 9, The Spinney, Sutton is the 28th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in SM3.
9, The Spinney, Sutton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Nov 2016.
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 9, The Spinney, Sutton is Stoneleigh station which is 1.4 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 9, The Spinney, Sutton, 49.6% of property is privately owned outright and 25.2% 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 9, The Spinney, Sutton, 11.3% of residents are recorded as possessing school level qualifications and 27.6% 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 9, The Spinney, Sutton, the average age was 41.5 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 9, The Spinney, Sutton, 0.9% 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 9, The Spinney, 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.