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According to the public record, 40, Chipstead Close, Sutton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 546 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 40, Chipstead Close, Sutton is £255,687 and the estimated rental value is £1,448 per month.
Chipstead Close, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
40, Chipstead Close, Sutton has 31 entries in the Land Registry , most recently in April 2016 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 3 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 40, Chipstead Close, Sutton is in very good condition we estimate a sale value of £268,471 and a rental value of £1,520 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,789 and a rental value of £1,346 per month.
Over the last 12 months the sale value of 40 Chipstead Close Sutton has decreased by an estimated £5,115 (2.0%) and its rental value has increased by an estimated £50 per month (3.5%), giving an expected gross yield of 6.8%.
According to HM Land Registry, 40, Chipstead Close, Sutton was last sold on 28th April 2016 for £227,750 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2016, the market for similar properties has risen 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Chipstead Close, Sutton within a radius of 370 metres over the last 2 years.
The most recent example is 65, Chipstead Close, Sutton, SM2 6BF, a leasehold flat which sold for £260,000 on the 19th September 2025.
Read more about house prices in SM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chipstead Close, Sutton, SM2 has a total of 87 addresses. According to our analysis of all the public data, 40, Chipstead Close, Sutton is the 8th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £295k less expensive than the average property in SM2.
The nearest school is Overton Grange School which is 100 metres away. The nearest train station is Belmont which is 800 metres away.
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