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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
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According to the public record, 2 Pennington Lodge, Surbiton is a mid-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Pennington Lodge, Surbiton is £356,267 and the estimated rental value is £1,677 per month.
The apartment is within Pennington Lodge, Cranes Drive, Surbiton, KT5.
Cranes Drive, Surbiton, KT5 is located in the borough of Kingston upon Thames within the KT5 postal district.
2 Pennington Lodge, Surbiton has a single entry in the Land Registry from October 2015 and a single entry in the EPC database dated January 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 2 Pennington Lodge, Surbiton is in very good condition we estimate a sale value of £374,080 and a rental value of £1,761 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,328 and a rental value of £1,560 per month.
Over the last 12 months the sale value of 2 Pennington Lodge Surbiton has decreased by an estimated £300 (0.1%) and its rental value has increased by an estimated £48 per month (2.9%), giving an expected gross yield of 5.6%.
2 Pennington Lodge, Surbiton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jan 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, 2 Pennington Lodge, Surbiton was last sold on 23rd October 2015 for £360,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2015, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Pennington Lodge, Surbiton within a radius of 390 metres over the last 2 years.
The most recent example is 11 Pennington Lodge, Cranes Drive, Surbiton, KT5 8AU, a leasehold flat which sold for £330,000 on the 5th June 2024.
Read more about house prices in KT5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranes Drive, Surbiton, KT5 has a total of 71 addresses. According to our analysis of all the public data, 2 Pennington Lodge, Surbiton is the 39th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £254k less expensive than the average property in KT5.
The nearest school is The Hollyfield School and Sixth Form Centre which is 200 metres away. The nearest train station is Surbiton which is 800 metres away.
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