According to the public record, Flat 5, The Limes 118, Sutton is a mid-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in The Limes, Mulgrave Road, Sutton, SM2.
Mulgrave Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 5, The Limes 118, Sutton has 51 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated June 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 5 The Limes 118 Sutton as £270,238 and the rental value as £1,442 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 5 The Limes 118 Sutton has increased by £3,947 (1.5%) and its rental value has increased by £63 per month (4.4%).
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, The Limes 118, Sutton is in very good condition we estimate a sale value of £283,749 and rental value of £1,514 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,321 and a rental value of £1,341 per month.
If you were able to purchase this property for the estimated value of £270,238, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,328 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, The Limes 118, Sutton was last sold on 15 Feb 2021 for £265,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Feb 2021, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, The Limes 118, Sutton within a radius of 430 metres over the last 2 years.
The most recent example is Flat 12, Holly Court 66, Worcester Road, Sutton, SM2 6QB, a Leasehold flat which sold for £240,000 in Oct 2023.
Read more about house prices in SM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mulgrave Road, Sutton, SM2 has a total of 399 addresses. According to our analysis of all the public data, Flat 5, The Limes 118, Sutton is the 333rd largest and the 296th most expensive property on the street.
When compared to the postcode district it is £291k less expensive than the average property in SM2.
Flat 5, The Limes 118, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jun 2016.
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, The Limes 118, Sutton is Cheam station which is 800 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, The Limes 118, Sutton, 42.4% of property is privately owned with a mortgage and 34.8% 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, The Limes 118, Sutton, 17.4% of residents are recorded as possessing school level qualifications and 51.9% 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, The Limes 118, 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 5, The Limes 118, Sutton, 1.1% 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, The Limes 118, Sutton, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.