According to the public record, Flat 7, Quinn Lodge 7, Sutton is a modern leasehold apartment with 1,205 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Quinn Lodge, Cavendish Road, Sutton, SM2.
Cavendish Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 7, Quinn Lodge 7, Sutton has 2 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated January 2020.
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 7 Quinn Lodge 7 Sutton as £550,222 and the rental value as £2,569 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 7 Quinn Lodge 7 Sutton has increased by £22,181 (4.0%) and its rental value has increased by £176 per month (6.9%).
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, Quinn Lodge 7, Sutton is in very good condition we estimate a sale value of £577,733 and rental value of £2,698 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £511,707 and a rental value of £2,389 per month.
If you were able to purchase this property for the estimated value of £550,222, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,704 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, Quinn Lodge 7, Sutton was last sold on 21 Jul 2022 for £547,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Quinn Lodge 7, Sutton within a radius of 320 metres over the last 2 years.
The most recent example is Flat 11, Quinn Lodge 7, Cavendish Road, Sutton, SM2 5FY, a Leasehold flat which sold for £500,000 in Oct 2020.
Read more about house prices in SM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cavendish Road, Sutton, SM2 has a total of 361 addresses. According to our analysis of all the public data, Flat 7, Quinn Lodge 7, Sutton is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in SM2.
Flat 7, Quinn Lodge 7, Sutton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 7, Quinn Lodge 7, Sutton is Sutton (London) station which is 400 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, Quinn Lodge 7, Sutton, 35.5% of property is privately rented and 29.0% 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, Quinn Lodge 7, Sutton, 15.0% of residents are recorded as possessing school level qualifications and 44.5% 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, Quinn Lodge 7, 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, Quinn Lodge 7, Sutton, 0.3% 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, Quinn Lodge 7, Sutton, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.