According to the public record, 279A, Malden Road, Sutton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 695 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Malden Road, Cheam, Sutton, SM3 is located in the borough of Sutton within the SM3 postal district.
279A, Malden Road, Sutton has 41 entries in the Land Registry database, most recently in July 2015 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 279A Malden Road Sutton as £378,338 and the rental value as £1,736 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 279A Malden Road Sutton has increased by £10,269 (2.7%) and its rental value has increased by £71 per month (4.1%).
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 279A, Malden Road, Sutton is in very good condition we estimate a sale value of £397,255 and rental value of £1,823 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,855 and a rental value of £1,615 per month.
If you were able to purchase this property for the estimated value of £378,338, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,859 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, 279A, Malden Road, Sutton was last sold on 15 Jul 2015 for £290,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2015, the market for similar properties has risen 27.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 279A, Malden Road, Sutton within a radius of 510 metres over the last 2 years.
The most recent example is 10A, The Spinney, Sutton, SM3 8JG, a Leasehold flat which sold for £370,000 in May 2023.
Read more about house prices in SM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malden Road, Cheam, Sutton, SM3 has a total of 322 addresses. According to our analysis of all the public data, 279A, Malden Road, Sutton is the 277th largest and the 277th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in SM3.
The closest station to 279A, Malden Road, Sutton is Stoneleigh station which is 1.6 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 279A, Malden Road, Sutton, 33.7% of property is privately owned outright and 33.2% 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 279A, Malden Road, Sutton, 23.4% of residents are recorded as possessing school level qualifications and 35.3% 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 279A, Malden Road, Sutton, the average age was 39.2 and the most common age was 12.
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 279A, Malden Road, Sutton, 0.7% 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 279A, Malden Road, Sutton, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.