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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, Lutea House, Sutton is a modern leasehold apartment with 656 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 Flat 1, Lutea House, Sutton is £287,063 and the estimated rental value is £1,580 per month.
The apartment is within Lutea House, Walnut Mews, Sutton, SM2.
Walnut Mews, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 1, Lutea House, Sutton has 41 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated August 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Lutea House, Sutton is in very good condition we estimate a sale value of £301,416 and a rental value of £1,659 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,968 and a rental value of £1,470 per month.
Over the last 12 months the sale value of Flat 1 Lutea House Sutton has decreased by an estimated £3,782 (1.3%) and its rental value has increased by an estimated £57 per month (3.6%), giving an expected gross yield of 6.6%.
Flat 1, Lutea House, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Aug 2013.
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, Lutea House, Sutton was last sold on 31st January 2023 for £307,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2023, the market for similar properties has dropped 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Lutea House, Sutton within a radius of 350 metres over the last 2 years.
The most recent example is Flat 10, Savin Lodge, Walnut Mews, Sutton, SM2 5TL, a leasehold flat which sold for £318,000 on the 19th December 2024.
Read more about house prices in SM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Walnut Mews, Sutton, SM2 has a total of 47 addresses. According to our analysis of all the public data, Flat 1, Lutea House, Sutton is the 18th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £268k less expensive than the average property in SM2.
The nearest school is Devonshire Primary School which is 100 metres away. The nearest train station is Sutton (London) which is 500 metres away.
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