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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, 5, The Oaks 283, Wallington is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 628 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 5, The Oaks 283, Wallington is £266,390 and the estimated rental value is £1,392 per month.
The apartment is within The Oaks, Croydon Road, Wallington, SM6.
Croydon Road, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
5, The Oaks 283, Wallington has a single entry in the Land Registry from August 2008 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 1 out of 5 and is considered of low 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 5, The Oaks 283, Wallington is in very good condition we estimate a sale value of £279,710 and a rental value of £1,461 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,743 and a rental value of £1,294 per month.
Over the last 12 months the sale value of 5 The Oaks 283 Wallington has decreased by an estimated £7,140 (2.7%) and its rental value has increased by an estimated £48 per month (3.4%), giving an expected gross yield of 6.3%.
According to HM Land Registry, 5, The Oaks 283, Wallington was last sold on 1st August 2008 for £163,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2008, the market for similar properties has risen 54.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, The Oaks 283, Wallington within a radius of 550 metres over the last 2 years.
The most recent example is 28, Bond Gardens, Wallington, SM6 7LP, a leasehold flat which sold for £330,000 on the 14th June 2024.
Read more about house prices in SM6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Croydon Road, Wallington, SM6 has a total of 195 addresses. According to our analysis of all the public data, 5, The Oaks 283, Wallington is the 167th largest and the 130th most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in SM6.
The nearest school is Holy Trinity CofE Junior School which is 100 metres away. The nearest train station is Wallington which is 1.0 kilometres away.
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