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Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for First Floor Flat, 37, Park Lane, Carshalton is £349,748 and the estimated rental value is £1,622 per month.
The apartment is within 37, Park Lane, Carshalton, SM5.
Park Lane, Carshalton, SM5 is located in the borough of Sutton within the SM5 postal district.
First Floor Flat, 37, Park Lane, Carshalton has a single entry in the Land Registry from January 2016 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 First Floor Flat, 37, Park Lane, Carshalton is in very good condition we estimate a sale value of £367,236 and a rental value of £1,703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,266 and a rental value of £1,508 per month.
Over the last 12 months the sale value of First Floor Flat 37 Park Lane Carshalton has decreased by an estimated £2,766 (0.8%) and its rental value has increased by an estimated £70 per month (4.3%), giving an expected gross yield of 5.6%.
According to HM Land Registry, First Floor Flat, 37, Park Lane, Carshalton was last sold on 8th January 2016 for £295,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2016, the market for similar properties has dropped 15.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to First Floor Flat, 37, Park Lane, Carshalton within a radius of 480 metres over the last 2 years.
The most recent example is 57, Park Lane, Carshalton, SM5 3EE, a leasehold flat which sold for £335,000 on the 16th August 2024.
Read more about house prices in SM5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Carshalton, SM5 has a total of 136 addresses. According to our analysis of all the public data, First Floor Flat, 37, Park Lane, Carshalton is the 99th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in SM5.
The nearest school is All Saints Carshalton Church of England Primary School which is 400 metres away. The nearest train station is Wallington which is 400 metres away.
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