According to the public record, 479B, Gander Green Lane, Sutton is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 479, Gander Green Lane, Cheam, Sutton, SM3.
Gander Green Lane, Cheam, Sutton, SM3 is located in the borough of Sutton within the SM3 postal district.
479B, Gander Green Lane, Sutton has a single entry in the Land Registry database from December 2020 and a single entry in the EPC database dated March 2022.
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 479B Gander Green Lane Sutton as £287,214 and the rental value as £1,454 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 479B Gander Green Lane Sutton has increased by £9,153 (3.2%) and its rental value has increased by £66 per month (4.6%).
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 479B, Gander Green Lane, Sutton is in very good condition we estimate a sale value of £301,575 and rental value of £1,526 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,109 and a rental value of £1,352 per month.
If you were able to purchase this property for the estimated value of £287,214, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,412 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, 479B, Gander Green Lane, Sutton was last sold on 01 Dec 2020 for £280,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2020, the market for similar properties has risen 9.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 479B, Gander Green Lane, Sutton within a radius of 520 metres over the last 2 years.
The most recent example is Flat 49, Westbourne Court, Westbourne Avenue, Sutton, SM3 9ED, a Leasehold flat which sold for £297,000 in Sep 2023.
Read more about house prices in SM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gander Green Lane, Cheam, Sutton, SM3 has a total of 277 addresses. According to our analysis of all the public data, 479B, Gander Green Lane, Sutton is the 266th largest and the 270th most expensive property on the street.
When compared to the postcode district it is £241k less expensive than the average property in SM3.
479B, Gander Green Lane, Sutton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 479B, Gander Green Lane, Sutton is Sutton Common station which is 1.3 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 479B, Gander Green Lane, Sutton, 43.2% of property is privately owned with a mortgage and 34.4% 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 479B, Gander Green Lane, Sutton, 24.3% of residents are recorded as possessing school level qualifications and 32.8% 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 479B, Gander Green Lane, Sutton, the average age was 40.6 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 479B, Gander Green Lane, Sutton, 0.0% 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 479B, Gander Green Lane, Sutton, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.