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According to the public record, 1, Cormorant Place, Sutton is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 801 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Cormorant Place, Sutton is £352,146 and the estimated rental value is £1,764 per month.
Cormorant Place, Cheam, Sutton, SM1 is located in the borough of Sutton within the SM1 postal district.
1, Cormorant Place, Sutton has 31 entries in the Land Registry , most recently in February 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 1, Cormorant Place, Sutton is in very good condition we estimate a sale value of £369,754 and a rental value of £1,853 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,496 and a rental value of £1,641 per month.
Over the last 12 months the sale value of 1 Cormorant Place Sutton has decreased by an estimated £2,325 (0.7%) and its rental value has increased by an estimated £53 per month (3.0%), giving an expected gross yield of 6%.
According to HM Land Registry, 1, Cormorant Place, Sutton was last sold on 10th February 2011 for £225,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since February 2011, the market for similar properties has risen 48.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Cormorant Place, Sutton within a radius of 530 metres over the last 2 years.
The most recent example is Apartment 6, Western Heights 12, Western Road, Sutton, SM1 2UA, a leasehold flat which sold for £385,000 on the 5th August 2024.
Read more about house prices in SM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cormorant Place, Cheam, Sutton, SM1 has a total of 7 addresses. According to our analysis of all the public data, 1, Cormorant Place, Sutton is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in SM1.
The closest station to 1, Cormorant Place, Sutton is West Sutton station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 1, Cormorant Place, Sutton, 40.7% of property is privately owned with a mortgage and 37.4% is privately owned outright.
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 1, Cormorant Place, Sutton, 21.5% of residents are recorded as possessing school level qualifications and 52.4% 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 1, Cormorant Place, Sutton, the average age was 37.7 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 1, Cormorant Place, Sutton, 0.0% 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 1, Cormorant Place, Sutton, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.