According to the public record, Flat 1, 1A, Bishops Place, Sutton is a mid-century apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1A, Bishops Place, Sutton, SM1.
Bishops Place, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
Flat 1, 1A, Bishops Place, Sutton has no records in the Land Registry database and a single entry in the EPC database dated February 2020.
We combine this information with public data 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 Flat 1 1A Bishops Place Sutton as £346,708 and the rental value as £1,784 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 1 1A Bishops Place Sutton has increased by £11,588 (3.3%) and its rental value has increased by £99 per month (5.5%).
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 Flat 1, 1A, Bishops Place, Sutton is in very good condition we estimate a sale value of £364,043 and rental value of £1,873 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,438 and a rental value of £1,659 per month.
If you were able to purchase this property for the estimated value of £346,708, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,704 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 1A, Bishops Place, Sutton within a radius of 370 metres over the last 2 years.
The most recent example is Flat 21, Thackeray Manor 22, Manor Park Road, Sutton, SM1 4AH, a Leasehold flat which sold for £285,000 in Jun 2023.
Read more about house prices in SM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bishops Place, Sutton, SM1 has a total of 12 addresses. According to our analysis of all the public data, Flat 1, 1A, Bishops Place, Sutton is the largest and the most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in SM1.
Flat 1, 1A, Bishops Place, Sutton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Feb 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 1, 1A, Bishops Place, Sutton is Sutton (London) station which is 600 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 Flat 1, 1A, Bishops Place, Sutton, 45.3% of property is privately rented and 28.4% is privately owned with a mortgage.
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 Flat 1, 1A, Bishops Place, Sutton, 20.6% of residents are recorded as possessing school level qualifications and 49.3% 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 Flat 1, 1A, Bishops Place, Sutton, the average age was 38.7 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 Flat 1, 1A, Bishops Place, 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 Flat 1, 1A, Bishops Place, Sutton, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.