According to the public record, Flat 9, Kingsmead Lodge 50, Sutton is a modern apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Kingsmead Lodge, Cedar Road, Sutton, SM2.
Cedar Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 9, Kingsmead Lodge 50, Sutton has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2018.
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 9 Kingsmead Lodge 50 Sutton as £266,565 and the rental value as £1,475 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 9 Kingsmead Lodge 50 Sutton has increased by £3,832 (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 9, Kingsmead Lodge 50, Sutton is in very good condition we estimate a sale value of £279,893 and rental value of £1,549 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,905 and a rental value of £1,372 per month.
If you were able to purchase this property for the estimated value of £266,565, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,310 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 9, Kingsmead Lodge 50, Sutton was last sold on 27 Oct 2000 for £98,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Kingsmead Lodge 50, Sutton within a radius of 380 metres over the last 2 years.
The most recent example is Flat 4, Bedford Terrace 40, Cedar Road, Sutton, SM2 5DS, a Leasehold flat which sold for £247,000 in Oct 2022.
Read more about house prices in SM2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Road, Sutton, SM2 has a total of 455 addresses. According to our analysis of all the public data, Flat 9, Kingsmead Lodge 50, Sutton is the 187th largest and the 166th most expensive property on the street.
When compared to the postcode district it is £294k less expensive than the average property in SM2.
Flat 9, Kingsmead Lodge 50, Sutton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Mar 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Flat 9, Kingsmead Lodge 50, 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 9, Kingsmead Lodge 50, Sutton, 68.2% of property is privately rented and 20.0% 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 9, Kingsmead Lodge 50, Sutton, 18.2% of residents are recorded as possessing school level qualifications and 61.2% 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 9, Kingsmead Lodge 50, 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 9, Kingsmead Lodge 50, Sutton, 0.4% 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 9, Kingsmead Lodge 50, 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.