According to the public record, Flat 1, Alexander Lodge 97A, Sutton is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Alexander Lodge, Gander Green Lane, Sutton, SM1.
Gander Green Lane, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
Flat 1, Alexander Lodge 97A, Sutton has a single entry in the Land Registry database from March 2024 and a single entry in the EPC database dated September 2023.
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 Flat 1 Alexander Lodge 97A Sutton as £343,962 and the rental value as £1,543 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 1 Alexander Lodge 97A Sutton has increased by £8,195 (2.4%) and its rental value has increased by £69 per month (4.5%).
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, Alexander Lodge 97A, Sutton is in very good condition we estimate a sale value of £361,160 and rental value of £1,620 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,885 and a rental value of £1,435 per month.
If you were able to purchase this property for the estimated value of £343,962, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,690 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, Flat 1, Alexander Lodge 97A, Sutton was last sold on 22 Mar 2024 for £325,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2024, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Alexander Lodge 97A, Sutton within a radius of 470 metres over the last 2 years.
The most recent example is Flat 5, Lara Lodge 26, Tate Road, Sutton, SM1 2TD, a Leasehold flat which sold for £309,250 in May 2024.
Read more about house prices in SM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gander Green Lane, Sutton, SM1 has a total of 296 addresses. According to our analysis of all the public data, Flat 1, Alexander Lodge 97A, Sutton is the 260th largest and the 254th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in SM1.
Flat 1, Alexander Lodge 97A, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Sep 2023.
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 Flat 1, Alexander Lodge 97A, Sutton is West Sutton 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 Flat 1, Alexander Lodge 97A, Sutton, 40.7% of property is privately owned with a mortgage and 34.8% 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 Flat 1, Alexander Lodge 97A, Sutton, 21.5% of residents are recorded as possessing school level qualifications and 45.3% 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, Alexander Lodge 97A, Sutton, the average age was 37.7 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, Alexander Lodge 97A, Sutton, 0.6% 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 Flat 1, Alexander Lodge 97A, Sutton, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.