According to the public record, Flat 56, Festival Court, Sutton is a modern apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Festival Court, Cleeve Way, Sutton, SM1.
Cleeve Way, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
Flat 56, Festival Court, Sutton has no records in the Land Registry database and a single entry in the EPC database dated January 2014.
We combine this information with public data 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 56 Festival Court Sutton as £269,169 and the rental value as £1,522 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 56 Festival Court Sutton has increased by £6,219 (2.3%) and its rental value has increased by £69 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 56, Festival Court, Sutton is in very good condition we estimate a sale value of £282,627 and rental value of £1,598 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,327 and a rental value of £1,415 per month.
If you were able to purchase this property for the estimated value of £269,169, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,323 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 56, Festival Court, Sutton within a radius of 500 metres over the last 2 years.
The most recent example is Flat 30, Harkness Court, Cleeve Way, Sutton, SM1 3TX, a Leasehold flat which sold for £280,000 in Jun 2024.
Read more about house prices in SM1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cleeve Way, Sutton, SM1 has a total of 175 addresses. According to our analysis of all the public data, Flat 56, Festival Court, Sutton is the 90th largest and the 85th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in SM1.
Flat 56, Festival Court, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jan 2014.
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 56, Festival Court, Sutton is St Helier (London) station which is 900 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 56, Festival Court, Sutton, 44.8% of property is privately rented and 23.0% 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 56, Festival Court, Sutton, 21.3% of residents are recorded as possessing school level qualifications and 42.4% 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 56, Festival Court, Sutton, the average age was 36.2 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 56, Festival Court, Sutton, 0.2% 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 56, Festival Court, Sutton, 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.