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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 16, Ormsby, Sutton is a mid-century apartment with 1,044 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 16, Ormsby, Sutton is £379,844 and the estimated rental value is £2,016 per month.
The apartment is within Ormsby, Stanley Road, Sutton, SM2.
Stanley Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
16, Ormsby, Sutton has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 16, Ormsby, Sutton is in very good condition we estimate a sale value of £398,836 and a rental value of £2,116 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,255 and a rental value of £1,874 per month.
Over the last 12 months the sale value of 16 Ormsby Sutton has decreased by an estimated £9,426 (2.5%) and its rental value has increased by an estimated £60 per month (3.0%), giving an expected gross yield of 6.4%.
16, Ormsby, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Ormsby, Sutton was last sold on 16th January 2004 for £180,000 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 16, Ormsby, Sutton within a radius of 360 metres over the last 2 years.
The most recent example is Flat 59, Redruth House, Grange Road, Sutton, SM2 6RU, a leasehold flat which sold for £410,000 on the 7th February 2023.
Read more about house prices in SM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanley Road, Sutton, SM2 has a total of 201 addresses. According to our analysis of all the public data, 16, Ormsby, Sutton is the 23rd largest and the 57th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in SM2.
The nearest school is Overton Grange School which is 269 metres away. The nearest train station is Sutton (London) which is 700 metres away.
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