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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, 22, Elgin Road, Wallington is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 844 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 22, Elgin Road, Wallington is £299,223 and the estimated rental value is £1,649 per month.
The apartment is within 22, Elgin Road, Wallington, SM6.
Elgin Road, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
Flat 1, 22, Elgin Road, Wallington has a single entry in the Land Registry from January 2007 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 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, 22, Elgin Road, Wallington is in very good condition we estimate a sale value of £314,184 and a rental value of £1,731 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,278 and a rental value of £1,533 per month.
Over the last 12 months the sale value of Flat 1 22 Elgin Road Wallington has decreased by an estimated £5,756 (1.9%) and its rental value has increased by an estimated £43 per month (2.6%), giving an expected gross yield of 6.6%.
According to HM Land Registry, Flat 1, 22, Elgin Road, Wallington was last sold on 31st January 2007 for £210,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2007, the market for similar properties has risen 70.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 22, Elgin Road, Wallington within a radius of 340 metres over the last 2 years.
The most recent example is 21A, Clarendon Road, Wallington, SM6 8QX, a leasehold flat which sold for £158,000 on the 30th October 2024.
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, 22, Elgin Road, Wallington is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £140k 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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