According to the public record, Flat 21, Wheatcroft Court, Sutton is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Wheatcroft Court, Cleeve Way, Sutton, SM1.
Cleeve Way, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
Flat 21, Wheatcroft Court, Sutton has 31 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated November 2013.
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 21 Wheatcroft Court Sutton as £290,286 and the rental value as £1,624 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 21 Wheatcroft Court Sutton has increased by £2,654 (0.9%) and its rental value has increased by £46 per month (2.8%).
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 21, Wheatcroft Court, Sutton is in very good condition we estimate a sale value of £304,801 and rental value of £1,705 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,966 and a rental value of £1,510 per month.
If you were able to purchase this property for the estimated value of £290,286, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,427 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 21, Wheatcroft Court, Sutton was last sold on 21 Dec 2021 for £282,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2021, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 21, Wheatcroft Court, Sutton within a radius of 550 metres over the last 2 years.
The most recent example is Flat 17, Renaissance Court 2A, Rosehill Avenue, Sutton, SM1 3HQ, a Leasehold flat which sold for £310,000 in Oct 2022.
Read more about house prices in SM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cleeve Way, Sutton, SM1 has a total of 175 addresses. According to our analysis of all the public data, Flat 21, Wheatcroft Court, Sutton is the 12th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £135k less expensive than the average property in SM1.
Flat 21, Wheatcroft Court, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 21, Wheatcroft Court, Sutton is Sutton Common station which is 900 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 21, Wheatcroft Court, Sutton, 43.6% of property is privately owned with a mortgage and 31.3% 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 21, Wheatcroft Court, Sutton, 27.5% of residents are recorded as possessing school level qualifications and 40.6% 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 21, Wheatcroft Court, Sutton, the average age was 39.9 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 21, Wheatcroft Court, Sutton, 0.4% 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 21, Wheatcroft Court, Sutton, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.