According to the public record, Flat 5, Percale House 1, Wallington is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Percale House, Felnex Avenue, Wallington, SM6.
Felnex Avenue, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
Flat 5, Percale House 1, Wallington has 2 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated October 2017.
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 5 Percale House 1 Wallington as £328,598 and the rental value as £1,664 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 5 Percale House 1 Wallington has increased by £7,159 (2.2%) and its rental value has increased by £74 per month (4.5%).
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 5, Percale House 1, Wallington is in very good condition we estimate a sale value of £345,028 and rental value of £1,747 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,596 and a rental value of £1,547 per month.
If you were able to purchase this property for the estimated value of £328,598, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,615 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 5, Percale House 1, Wallington was last sold on 20 Jul 2021 for £348,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2021, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Percale House 1, Wallington within a radius of 400 metres over the last 2 years.
The most recent example is Flat 15, Wigan Court 11, Thread Street, Wallington, SM6 7FD, a Leasehold flat which sold for £325,000 in Sep 2023.
Read more about house prices in SM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Felnex Avenue, Wallington, SM6 has a total of 70 addresses. According to our analysis of all the public data, Flat 5, Percale House 1, Wallington is the 44th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in SM6.
Flat 5, Percale House 1, Wallington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Oct 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 5, Percale House 1, Wallington is Hackbridge station which is 300 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 5, Percale House 1, Wallington, 49.2% of property is privately rented and 32.3% 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 5, Percale House 1, Wallington, 21.7% of residents are recorded as possessing school level qualifications and 35.6% 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 5, Percale House 1, Wallington, the average age was 35.5 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 5, Percale House 1, Wallington, 1.6% 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 5, Percale House 1, Wallington, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.