According to the public record, Flat 4, Heritage Court, Sutton is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Heritage Court, Bradley Close, Belmont, Sutton, SM2.
Bradley Close, Belmont, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 4, Heritage Court, Sutton has 41 entries in the Land Registry database, most recently in September 2019 and a single entry in the EPC database dated July 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 4 Heritage Court Sutton as £230,491 and the rental value as £1,311 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 4 Heritage Court Sutton has increased by £7,487 (3.2%) and its rental value has increased by £82 per month (6.3%).
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 4, Heritage Court, Sutton is in very good condition we estimate a sale value of £242,015 and rental value of £1,377 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,356 and a rental value of £1,219 per month.
If you were able to purchase this property for the estimated value of £230,491, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,133 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 4, Heritage Court, Sutton was last sold on 27 Sep 2019 for £221,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2019, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Heritage Court, Sutton within a radius of 640 metres over the last 2 years.
The most recent example is Flat 3, Waterfall House 52, The Crescent, Sutton, SM2 6BN, a Leasehold flat which sold for £250,000 in Jun 2023.
Read more about house prices in SM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bradley Close, Belmont, Sutton, SM2 has a total of 16 addresses. According to our analysis of all the public data, Flat 4, Heritage Court, Sutton is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £330k less expensive than the average property in SM2.
Flat 4, Heritage Court, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 4, Heritage Court, Sutton is Belmont station which is 0 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 4, Heritage Court, Sutton, 38.9% of property is privately owned with a mortgage and 29.2% 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 4, Heritage Court, Sutton, 21.5% of residents are recorded as possessing school level qualifications and 39.4% 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 4, Heritage Court, Sutton, the average age was 42.8 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 4, Heritage Court, Sutton, 1.5% 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 4, Heritage 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.