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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, Flat 1, 1, Elgin Road, Wallington is a period leasehold apartment with 301 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 1, Elgin Road, Wallington is £164,938 and the estimated rental value is £892 per month.
The apartment is within 1, Elgin Road, Wallington, SM6.
Elgin Road, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
Flat 1, 1, Elgin Road, Wallington has 2 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated April 2012.
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 Flat 1, 1, Elgin Road, Wallington is in very good condition we estimate a sale value of £173,185 and a rental value of £936 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,393 and a rental value of £829 per month.
Over the last 12 months the sale value of Flat 1 1 Elgin Road Wallington has decreased by an estimated £2,153 (1.3%) and its rental value has increased by an estimated £30 per month (3.3%), giving an expected gross yield of 6.5%.
Flat 1, 1, Elgin Road, Wallington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Apr 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 1, 1, Elgin Road, Wallington was last sold on 12th April 2021 for £198,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2021, the market for similar properties has risen 19.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 1, 1, Elgin Road, Wallington within a radius of 360 metres over the last 2 years.
The most recent example is Flat 10, Ashby Grange 11, Stafford Road, Wallington, SM6 9BE, a leasehold flat which sold for £118,000 on the 13th March 2019.
Read more about house prices in SM6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elgin Road, Wallington, SM6 has a total of 87 addresses. According to our analysis of all the public data, Flat 1, 1, Elgin Road, Wallington is the 87th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £275k less expensive than the average property in SM6.
The nearest school is Bandon Hill Primary School which is 571 metres away. The nearest train station is Wallington which is 300 metres away.
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