According to the public record, Flat 17, Larkspur Court 2, Wallington is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 572 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Larkspur Court, Hawthorn Road, Wallington, SM6.
Hawthorn Road, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
Flat 17, Larkspur Court 2, Wallington has a single entry in the Land Registry database from June 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 17 Larkspur Court 2 Wallington as £240,380 and the rental value as £1,349 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 17 Larkspur Court 2 Wallington has increased by £6,348 (2.6%) and its rental value has increased by £68 per month (5.0%).
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 17, Larkspur Court 2, Wallington is in very good condition we estimate a sale value of £252,399 and rental value of £1,417 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,553 and a rental value of £1,255 per month.
If you were able to purchase this property for the estimated value of £240,380, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,181 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 17, Larkspur Court 2, Wallington was last sold on 16 Jun 2017 for £235,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2017, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 17, Larkspur Court 2, Wallington within a radius of 410 metres over the last 2 years.
The most recent example is 26 Willow Court, Willow Road, Wallington, SM6 0PF, a Leasehold flat which sold for £250,000 in Mar 2023.
Read more about house prices in SM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hawthorn Road, Wallington, SM6 has a total of 86 addresses. According to our analysis of all the public data, Flat 17, Larkspur Court 2, Wallington is the 63rd largest and the 77th most expensive property on the street.
When compared to the postcode district it is £201k less expensive than the average property in SM6.
The closest station to Flat 17, Larkspur Court 2, Wallington is Wallington station which is 500 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 17, Larkspur Court 2, Wallington, 35.3% of property is privately owned with a mortgage and 27.7% 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 17, Larkspur Court 2, Wallington, 18.2% of residents are recorded as possessing school level qualifications and 41.7% 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 17, Larkspur Court 2, Wallington, the average age was 42.4 and the most common age was 47.
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 17, Larkspur Court 2, Wallington, 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 17, Larkspur Court 2, Wallington, 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.