According to the public record, Flat 18, Larkspur Court 2, Wallington is a mid-century leasehold apartment with 548 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 18, Larkspur Court 2, Wallington has 31 entries in the Land Registry database, most recently in August 2013 and a single entry in the EPC database dated November 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 18 Larkspur Court 2 Wallington as £234,921 and the rental value as £1,324 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 18 Larkspur Court 2 Wallington has increased by £6,204 (2.6%) and its rental value has increased by £66 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 18, Larkspur Court 2, Wallington is in very good condition we estimate a sale value of £246,667 and rental value of £1,390 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,476 and a rental value of £1,231 per month.
If you were able to purchase this property for the estimated value of £234,921, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,155 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 18, Larkspur Court 2, Wallington was last sold on 19 Aug 2013 for £145,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2013, the market for similar properties has risen 47.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, Larkspur Court 2, Wallington within a radius of 410 metres over the last 2 years.
The most recent example is 22 Willow Court, Willow Road, Wallington, SM6 0PF, a Leasehold flat which sold for £250,000 in Dec 2022.
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 18, Larkspur Court 2, Wallington is the 66th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in SM6.
Flat 18, Larkspur Court 2, Wallington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Nov 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to Flat 18, 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 18, 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 18, 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 18, 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 18, 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 18, 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.