According to the public record, Flat 40, Cypress Court 60, Sutton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 572 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Cypress Court, Cheam Road, Sutton, SM1.
Cheam Road, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
Flat 40, Cypress Court 60, Sutton has 21 entries in the Land Registry database, most recently in September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 40 Cypress Court 60 Sutton as £240,946 and the rental value as £1,374 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 40 Cypress Court 60 Sutton has increased by £2,013 (0.8%) and its rental value has increased by £42 per month (3.1%).
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 40, Cypress Court 60, Sutton is in very good condition we estimate a sale value of £252,994 and rental value of £1,442 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,080 and a rental value of £1,277 per month.
If you were able to purchase this property for the estimated value of £240,946, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,184 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 40, Cypress Court 60, Sutton was last sold on 28 Sep 2007 for £160,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2007, the market for similar properties has risen 43.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, Cypress Court 60, Sutton within a radius of 430 metres over the last 2 years.
The most recent example is Flat 12, Cypress Court 60, Cheam Road, Sutton, SM1 2SU, a Leasehold flat which sold for £191,500 in Jun 2024.
Read more about house prices in SM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cheam Road, Sutton, SM1 has a total of 220 addresses. According to our analysis of all the public data, Flat 40, Cypress Court 60, Sutton is the 138th largest and the 154th most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in SM1.
The closest station to Flat 40, Cypress Court 60, Sutton is West Sutton 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 40, Cypress Court 60, Sutton, 40.8% of property is privately rented and 26.7% 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 40, Cypress Court 60, Sutton, 16.9% of residents are recorded as possessing school level qualifications and 43.0% 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 40, Cypress Court 60, Sutton, the average age was 39.3 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 40, Cypress Court 60, 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 40, Cypress Court 60, Sutton, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.