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According to the public record, 9, Chipstead Close, Sutton is a modern leasehold apartment with 699 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 9, Chipstead Close, Sutton is £291,318 and the estimated rental value is £1,608 per month.
Chipstead Close, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
9, Chipstead Close, Sutton has 41 entries in the Land Registry , most recently in February 2018 and a single entry in the EPC database dated October 2017.
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 9, Chipstead Close, Sutton is in very good condition we estimate a sale value of £305,884 and a rental value of £1,689 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,926 and a rental value of £1,496 per month.
Over the last 12 months the sale value of 9 Chipstead Close Sutton has decreased by an estimated £5,828 (2.0%) and its rental value has increased by an estimated £56 per month (3.5%), giving an expected gross yield of 6.6%.
9, Chipstead Close, Sutton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Oct 2017.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 9, Chipstead Close, Sutton was last sold on 14th February 2018 for £265,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since February 2018, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Chipstead Close, Sutton within a radius of 380 metres over the last 2 years.
The most recent example is Flat 21, 36, Kingswood Drive, Sutton, SM2 5NB, a leasehold flat which sold for £274,000 on the 2nd February 2024.
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, 9, Chipstead Close, Sutton is the largest and the most expensive property on the street.
When compared to the postcode district it is £259k 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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