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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, Bute House 107, Sutton is a period leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, Bute House 107, Sutton is £209,476 and the estimated rental value is £1,229 per month.
The apartment is within Bute House, Brighton Road, Sutton, SM2.
Brighton Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 1, Bute House 107, Sutton has 51 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated September 2022.
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 Flat 1, Bute House 107, Sutton is in very good condition we estimate a sale value of £219,950 and a rental value of £1,291 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,813 and a rental value of £1,143 per month.
Over the last 12 months the sale value of Flat 1 Bute House 107 Sutton has decreased by an estimated £1,579 (0.8%) and its rental value has increased by an estimated £49 per month (4.0%), giving an expected gross yield of 7%.
Flat 1, Bute House 107, Sutton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Sep 2022.
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, Flat 1, Bute House 107, Sutton was last sold on 30th May 2023 for £252,500 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since May 2023, the market for similar properties has risen 14.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Bute House 107, Sutton within a radius of 410 metres over the last 2 years.
The most recent example is Flat 3, Bute House 107, Brighton Road, Sutton, SM2 5SL, a leasehold flat which sold for £230,000 on the 5th September 2023.
Read more about house prices in SM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brighton Road, Sutton, SM2 has a total of 556 addresses. According to our analysis of all the public data, Flat 1, Bute House 107, Sutton is the 523rd largest and the 484th most expensive property on the street.
When compared to the postcode district it is £345k less expensive than the average property in SM2.
The nearest school is Devonshire Primary School which is 300 metres away. The nearest train station is Sutton (London) which is 900 metres away.
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