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According to the public record, 32, Park Lane, Wallington is a period leasehold apartment with 1,151 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, Park Lane, Wallington is £412,162 and the estimated rental value is £2,026 per month.
The apartment is within 32, Park Lane, Wallington, SM6.
Park Lane, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
32, Park Lane, Wallington has 31 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that 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 32, Park Lane, Wallington is in very good condition we estimate a sale value of £432,770 and a rental value of £2,127 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £383,310 and a rental value of £1,884 per month.
Over the last 12 months the sale value of 32 Park Lane Wallington has decreased by an estimated £12,279 (3.0%) and its rental value has increased by an estimated £67 per month (3.3%), giving an expected gross yield of 5.9%.
32, Park Lane, Wallington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Dec 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 32, Park Lane, Wallington was last sold on 12th October 2022 for £370,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2022, the market for similar properties has dropped 17.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Park Lane, Wallington within a radius of 470 metres over the last 2 years.
The most recent example is 75B, Manor Road, Wallington, SM6 0DE, a leasehold flat which sold for £282,000 on the 16th November 2022.
Read more about house prices in SM6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Wallington, SM6 has a total of 75 addresses. According to our analysis of all the public data, 32, Park Lane, Wallington is the 33rd largest and the 46th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in SM6.
The nearest school is Wood Field Primary School which is 500 metres away. The nearest train station is Wallington which is 300 metres away.
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