According to the public record, Flat 7, Farriers Court, Sutton is a modern leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Farriers Court, Forge Lane, Cheam, Sutton, SM3.
Forge Lane, Cheam, Sutton, SM3 is located in the borough of Sutton within the SM3 postal district.
Flat 7, Farriers Court, Sutton has 31 entries in the Land Registry database, most recently in December 2018 and a single entry in the EPC database dated January 2018.
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 7 Farriers Court Sutton as £363,852 and the rental value as £1,747 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 7 Farriers Court Sutton has increased by £11,838 (3.3%) and its rental value has increased by £93 per month (5.3%).
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 7, Farriers Court, Sutton is in very good condition we estimate a sale value of £382,044 and rental value of £1,834 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £338,382 and a rental value of £1,624 per month.
If you were able to purchase this property for the estimated value of £363,852, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,788 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 7, Farriers Court, Sutton was last sold on 17 Dec 2018 for £321,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2018, the market for similar properties has risen 10.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Farriers Court, Sutton within a radius of 630 metres over the last 2 years.
The most recent example is Flat 11, Farriers Court, Forge Lane, Sutton, SM3 8SN, a Leasehold flat which sold for £345,000 in May 2024.
Read more about house prices in SM3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forge Lane, Cheam, Sutton, SM3 has a total of 16 addresses. According to our analysis of all the public data, Flat 7, Farriers Court, Sutton is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £164k less expensive than the average property in SM3.
Flat 7, Farriers Court, Sutton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jan 2018.
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 7, Farriers Court, Sutton is Cheam station which is 200 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 7, Farriers Court, Sutton, 47.7% of property is privately owned outright and 27.2% is privately rented.
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 7, Farriers Court, Sutton, 15.0% of residents are recorded as possessing school level qualifications and 46.1% 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 7, Farriers 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 7, Farriers Court, Sutton, 2.1% 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 7, Farriers Court, Sutton, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.