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By comparing it to neighbours, we estimate that it is a modern apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Otter Drive, Carshalton is £259,558 and the estimated rental value is £1,400 per month.
Otter Drive, Carshalton, SM5 is located in the borough of Sutton within the SM5 postal district.
24, Otter Drive, Carshalton has a single entry in the Land Registry from July 2012 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 5 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 24, Otter Drive, Carshalton is in very good condition we estimate a sale value of £272,536 and a rental value of £1,470 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,389 and a rental value of £1,302 per month.
Over the last 12 months the sale value of 24 Otter Drive Carshalton has decreased by an estimated £3,562 (1.4%) and its rental value has increased by an estimated £60 per month (4.3%), giving an expected gross yield of 6.5%.
According to HM Land Registry, 24, Otter Drive, Carshalton was last sold on 10th July 2012 for £140,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2012, the market for similar properties has risen 50.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Otter Drive, Carshalton within a radius of 400 metres over the last 2 years.
The most recent example is 51, Otter Drive, Carshalton, SM5 2FH, a leasehold flat which sold for £260,000 on the 28th June 2024.
Read more about house prices in SM5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Otter Drive, Carshalton, SM5 has a total of 80 addresses. According to our analysis of all the public data, 24, Otter Drive, Carshalton is the 59th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £211k less expensive than the average property in SM5.
The nearest school is Culvers House Primary School which is 400 metres away. The nearest train station is Hackbridge which is 800 metres away.
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