According to the public record, Flat 16, Oakview Apartments 12, Sutton is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Oakview Apartments, Benhill Road, Sutton, SM1.
Benhill Road, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
Flat 16, Oakview Apartments 12, Sutton has 3 entries in the Land Registry database, most recently in August 2017 and a single entry in the EPC database dated July 2020.
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 16 Oakview Apartments 12 Sutton as £267,634 and the rental value as £1,393 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 16 Oakview Apartments 12 Sutton has increased by £6,220 (2.3%) and its rental value has increased by £61 per month (4.4%).
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 16, Oakview Apartments 12, Sutton is in very good condition we estimate a sale value of £281,016 and rental value of £1,462 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,900 and a rental value of £1,295 per month.
If you were able to purchase this property for the estimated value of £267,634, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,315 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 16, Oakview Apartments 12, Sutton was last sold on 11 Aug 2017 for £245,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2017, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, Oakview Apartments 12, Sutton within a radius of 380 metres over the last 2 years.
The most recent example is Flat 14, Oakview Apartments 12, Benhill Road, Sutton, SM1 3RL, a Leasehold flat which sold for £270,000 in Oct 2023.
Read more about house prices in SM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Benhill Road, Sutton, SM1 has a total of 219 addresses. According to our analysis of all the public data, Flat 16, Oakview Apartments 12, Sutton is the 186th largest and the 180th most expensive property on the street.
When compared to the postcode district it is £157k less expensive than the average property in SM1.
Flat 16, Oakview Apartments 12, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 16, Oakview Apartments 12, Sutton is Sutton (London) station which is 1.0 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 Flat 16, Oakview Apartments 12, Sutton, 42.1% of property is privately owned with a mortgage and 38.9% 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 Flat 16, Oakview Apartments 12, Sutton, 24.5% of residents are recorded as possessing school level qualifications and 41.5% 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 16, Oakview Apartments 12, 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 16, Oakview Apartments 12, 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 16, Oakview Apartments 12, 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.