According to the public record, Flat 5, Sheldon Court, Sutton is a early-century leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Sheldon Court, High Street, Cheam, Sutton, SM3.
High Street, Cheam, Sutton, SM3 is located in the borough of Sutton within the SM3 postal district.
Flat 5, Sheldon Court, Sutton has 31 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated July 2022.
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 Sheldon Court Sutton as £277,117 and the rental value as £1,423 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 5 Sheldon Court Sutton has increased by £8,129 (2.9%) and its rental value has increased by £68 per month (4.7%).
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, Sheldon Court, Sutton is in very good condition we estimate a sale value of £290,972 and rental value of £1,494 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,718 and a rental value of £1,324 per month.
If you were able to purchase this property for the estimated value of £277,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,362 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, Sheldon Court, Sutton was last sold on 06 Oct 2022 for £235,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2022, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Sheldon Court, Sutton within a radius of 590 metres over the last 2 years.
The most recent example is Flat 2, Sheldon Court, High Street, Sutton, SM3 8RJ, a Leasehold flat which sold for £300,000 in Jul 2022.
Read more about house prices in SM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Street, Cheam, Sutton, SM3 has a total of 118 addresses. According to our analysis of all the public data, Flat 5, Sheldon Court, Sutton is the 22nd largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £251k less expensive than the average property in SM3.
Flat 5, Sheldon Court, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jul 2022.
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 5, Sheldon Court, Sutton is Cheam 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, Sheldon Court, Sutton, 53.3% of property is privately owned with a mortgage and 40.2% is privately owned outright.
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, Sheldon Court, Sutton, 23.3% of residents are recorded as possessing school level qualifications and 40.4% 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 5, Sheldon Court, Sutton, the average age was 42.2 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 5, Sheldon Court, Sutton, 0.5% 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 5, Sheldon Court, Sutton, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.