According to the public record, Flat 2, Stephenson Court, Sutton is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Stephenson Court, Station Approach, Cheam, Sutton, SM2.
Station Approach, Cheam, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 2, Stephenson Court, Sutton has 31 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated October 2021.
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 2 Stephenson Court Sutton as £262,883 and the rental value as £1,432 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 2 Stephenson Court Sutton has increased by £8,595 (3.3%) and its rental value has increased by £86 per month (6.0%).
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 2, Stephenson Court, Sutton is in very good condition we estimate a sale value of £276,027 and rental value of £1,503 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,481 and a rental value of £1,332 per month.
If you were able to purchase this property for the estimated value of £262,883, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,292 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 2, Stephenson Court, Sutton was last sold on 30 May 2022 for £250,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2022, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Stephenson Court, Sutton within a radius of 620 metres over the last 2 years.
The most recent example is Flat 12, Royal Crest House 22-26, Upper Mulgrave Road, Sutton, SM2 7AZ, a Leasehold flat which sold for £220,000 in Sep 2022.
Read more about house prices in SM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Approach, Cheam, Sutton, SM2 has a total of 80 addresses. According to our analysis of all the public data, Flat 2, Stephenson Court, Sutton is the 47th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £298k less expensive than the average property in SM2.
Flat 2, Stephenson Court, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Oct 2021.
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 2, Stephenson Court, Sutton is Cheam station which is 100 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 2, Stephenson Court, Sutton, 69.8% of property is privately rented and 18.5% 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 2, Stephenson Court, Sutton, 19.6% of residents are recorded as possessing school level qualifications and 44.2% 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 2, Stephenson Court, Sutton, the average age was 42.2 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 2, Stephenson Court, Sutton, 0.3% 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 2, Stephenson Court, 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.