According to the public record, 72D, Grove Road, Sutton is a early-century leasehold apartment with 812 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 72, Grove Road, Sutton, SM1.
Grove Road, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
72D, Grove Road, Sutton has 41 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated November 2010.
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 72D Grove Road Sutton as £259,305 and the rental value as £1,494 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 72D Grove Road Sutton has increased by £6,071 (2.3%) and its rental value has increased by £69 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 72D, Grove Road, Sutton is in very good condition we estimate a sale value of £272,270 and rental value of £1,569 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,154 and a rental value of £1,389 per month.
If you were able to purchase this property for the estimated value of £259,305, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,274 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, 72D, Grove Road, Sutton was last sold on 05 Feb 2021 for £327,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Feb 2021, the market for similar properties has risen 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72D, Grove Road, Sutton within a radius of 350 metres over the last 2 years.
The most recent example is 26 Grosvenor Court, Brighton Road, Sutton, SM2 5BL, a Leasehold flat which sold for £325,000 in Dec 2022.
Read more about house prices in SM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Road, Sutton, SM1 has a total of 294 addresses. According to our analysis of all the public data, 72D, Grove Road, Sutton is the 78th largest and the 207th most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in SM1.
72D, Grove Road, Sutton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Nov 2010.
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 72D, Grove Road, Sutton is Sutton (London) station which is 200 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 72D, Grove Road, Sutton, 60.2% of property is privately owned with a mortgage and 24.9% 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 72D, Grove Road, Sutton, 24.4% of residents are recorded as possessing school level qualifications and 51.1% 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 72D, Grove Road, Sutton, the average age was 35.6 and the most common age was 32.
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 72D, Grove Road, Sutton, 1.6% 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 72D, Grove Road, 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.