According to the public record, Flat 3, 55, Lenham Road, Sutton is a period leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 55, Lenham Road, Sutton, SM1.
Lenham Road, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
Flat 3, 55, Lenham Road, Sutton has 41 entries in the Land Registry database, most recently in August 2020 and a single entry in the EPC database dated August 2016.
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 3 55 Lenham Road Sutton as £314,620 and the rental value as £1,575 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 3 55 Lenham Road Sutton has increased by £8,008 (2.5%) and its rental value has increased by £73 per month (4.6%).
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 3, 55, Lenham Road, Sutton is in very good condition we estimate a sale value of £330,351 and rental value of £1,653 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,596 and a rental value of £1,464 per month.
If you were able to purchase this property for the estimated value of £314,620, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,546 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 3, 55, Lenham Road, Sutton was last sold on 21 Aug 2020 for £305,650 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2020, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 55, Lenham Road, Sutton within a radius of 380 metres over the last 2 years.
The most recent example is 42A, Lenham Road, Sutton, SM1 4BG, a Leasehold flat which sold for £342,500 in Jun 2024.
Read more about house prices in SM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lenham Road, Sutton, SM1 has a total of 100 addresses. According to our analysis of all the public data, Flat 3, 55, Lenham Road, Sutton is the 51st largest and the 57th most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in SM1.
Flat 3, 55, Lenham Road, Sutton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Flat 3, 55, Lenham Road, Sutton is Sutton (London) station which is 700 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 3, 55, Lenham Road, Sutton, 28.0% of property is privately rented and 22.6% is socially 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 3, 55, Lenham Road, Sutton, 21.3% of residents are recorded as possessing school level qualifications and 40.5% 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 3, 55, Lenham Road, Sutton, the average age was 35.6 and the most common age was 32.
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 3, 55, Lenham Road, 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 3, 55, Lenham Road, Sutton, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.