According to the public record, Flat 68, Chambray House 188, Wallington is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Chambray House, London Road, Wallington, SM6.
London Road, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
Flat 68, Chambray House 188, Wallington has a single entry in the Land Registry database from February 2020 and a single entry in the EPC database dated December 2019.
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 good condition, we estimate the current sale value for Flat 68 Chambray House 188 Wallington as £337,770 and the rental value as £1,642 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 68 Chambray House 188 Wallington has increased by £7,359 (2.2%) and its rental value has increased by £73 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 68, Chambray House 188, Wallington is in very good condition we estimate a sale value of £354,659 and rental value of £1,724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,127 and a rental value of £1,527 per month.
If you were able to purchase this property for the estimated value of £337,770, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,660 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 68, Chambray House 188, Wallington was last sold on 28 Feb 2020 for £299,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2020, 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 68, Chambray House 188, Wallington within a radius of 460 metres over the last 2 years.
The most recent example is Flat 89, Chambray House 188, London Road, Wallington, SM6 7FL, a Leasehold flat which sold for £290,000 in Aug 2023.
Read more about house prices in SM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Wallington, SM6 has a total of 413 addresses. According to our analysis of all the public data, Flat 68, Chambray House 188, Wallington is the 304th largest and the 258th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in SM6.
Flat 68, Chambray House 188, Wallington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Dec 2019.
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 68, Chambray House 188, Wallington is Hackbridge station which is 100 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 68, Chambray House 188, 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 68, Chambray House 188, 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 68, Chambray House 188, 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 68, Chambray House 188, 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 68, Chambray House 188, 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.