According to the public record, Flat 24, Tranmere Court, Sutton is a mid-century leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Tranmere Court, Langley Park Road, Sutton, SM2.
Langley Park Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 24, Tranmere Court, Sutton has 51 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated June 2019.
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 24 Tranmere Court Sutton as £310,163 and the rental value as £1,634 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 24 Tranmere Court Sutton has increased by £4,322 (1.4%) and its rental value has increased by £68 per month (4.1%).
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 24, Tranmere Court, Sutton is in very good condition we estimate a sale value of £325,671 and rental value of £1,716 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,452 and a rental value of £1,520 per month.
If you were able to purchase this property for the estimated value of £310,163, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,524 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 24, Tranmere Court, Sutton was last sold on 28 Jul 2023 for £297,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jul 2023, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 24, Tranmere Court, Sutton within a radius of 360 metres over the last 2 years.
The most recent example is Flat 15, Tranmere Court, Langley Park Road, Sutton, SM2 5HE, a Leasehold flat which sold for £345,000 in May 2024.
Read more about house prices in SM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Langley Park Road, Sutton, SM2 has a total of 196 addresses. According to our analysis of all the public data, Flat 24, Tranmere Court, Sutton is the 129th largest and the 130th most expensive property on the street.
When compared to the postcode district it is £251k less expensive than the average property in SM2.
Flat 24, Tranmere Court, Sutton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jun 2019.
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 24, Tranmere Court, Sutton is Sutton (London) station which is 600 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 24, Tranmere Court, Sutton, 43.8% of property is privately rented and 25.0% is privately owned with a mortgage.
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 24, Tranmere Court, Sutton, 19.1% of residents are recorded as possessing school level qualifications and 55.3% 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 24, Tranmere Court, Sutton, the average age was 37.7 and the most common age was 37.
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 24, Tranmere Court, 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 24, Tranmere Court, Sutton, 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.