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According to the public record, 8, Holmeswood 46, Sutton is a modern leasehold apartment with 818 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 8, Holmeswood 46, Sutton is £402,931 and the estimated rental value is £1,901 per month.
The apartment is within Holmeswood, Worcester Road, Sutton, SM2.
Worcester Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
8, Holmeswood 46, Sutton has 21 entries in the Land Registry , most recently in April 2007 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property 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 8, Holmeswood 46, Sutton is in very good condition we estimate a sale value of £423,077 and a rental value of £1,996 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,725 and a rental value of £1,768 per month.
Over the last 12 months the sale value of 8 Holmeswood 46 Sutton has decreased by an estimated £4,655 (1.2%) and its rental value has increased by an estimated £70 per month (3.7%), giving an expected gross yield of 5.7%.
8, Holmeswood 46, Sutton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 8, Holmeswood 46, Sutton was last sold on 27th April 2007 for £227,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2007, the market for similar properties has risen 15.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Holmeswood 46, Sutton within a radius of 370 metres over the last 2 years.
The most recent example is Flat 1, Belle House 12, Grange Road, Sutton, SM2 6RS, a leasehold flat which sold for £475,000 on the 27th July 2022.
Read more about house prices in SM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Worcester Road, Sutton, SM2 has a total of 417 addresses. According to our analysis of all the public data, 8, Holmeswood 46, Sutton is the 107th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in SM2.
The nearest school is Overton Grange School which is 500 metres away. The nearest train station is Sutton (London) which is 600 metres away.
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