According to the public record, Flat 7, Harrow Lodge 28, Sutton is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Harrow Lodge, Eaton Road, Sutton, SM2.
Eaton Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 7, Harrow Lodge 28, Sutton has 51 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated March 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 7 Harrow Lodge 28 Sutton as £263,522 and the rental value as £1,465 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 7 Harrow Lodge 28 Sutton has increased by £3,788 (1.4%) and its rental value has increased by £59 per month (4.0%).
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, Harrow Lodge 28, Sutton is in very good condition we estimate a sale value of £276,698 and rental value of £1,538 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,075 and a rental value of £1,362 per month.
If you were able to purchase this property for the estimated value of £263,522, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,295 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, Harrow Lodge 28, Sutton was last sold on 07 Oct 2022 for £237,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Harrow Lodge 28, Sutton within a radius of 360 metres over the last 2 years.
The most recent example is Flat 2, 8, Eaton Road, Sutton, SM2 5DN, a Leasehold flat which sold for £250,000 in Nov 2022.
Read more about house prices in SM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eaton Road, Sutton, SM2 has a total of 201 addresses. According to our analysis of all the public data, Flat 7, Harrow Lodge 28, Sutton is the 155th largest and the 133rd most expensive property on the street.
When compared to the postcode district it is £297k less expensive than the average property in SM2.
Flat 7, Harrow Lodge 28, Sutton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Flat 7, Harrow Lodge 28, Sutton is Sutton (London) station which is 500 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, Harrow Lodge 28, Sutton, 50.0% of property is privately rented and 20.9% is socially 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, Harrow Lodge 28, Sutton, 18.7% of residents are recorded as possessing school level qualifications and 45.7% 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, Harrow Lodge 28, Sutton, the average age was 37.7 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 7, Harrow Lodge 28, Sutton, 1.4% 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, Harrow Lodge 28, 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.