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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 10, Farendon House 48, Sutton is £184,806 and the estimated rental value is £1,092 per month.
The apartment is within Farendon House, Cavendish Road, Sutton, SM2.
Cavendish Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 10, Farendon House 48, Sutton has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2021.
We combine this information with public data 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 10, Farendon House 48, Sutton is in very good condition we estimate a sale value of £194,047 and a rental value of £1,146 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,870 and a rental value of £1,015 per month.
Over the last 12 months the sale value of Flat 10 Farendon House 48 Sutton has decreased by an estimated £3,578 (1.9%) and its rental value has increased by an estimated £41 per month (3.7%), giving an expected gross yield of 7.1%.
Flat 10, Farendon House 48, Sutton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 10, Farendon House 48, Sutton was last sold on 17th March 2000 for £59,999 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 10, Farendon House 48, Sutton within a radius of 310 metres over the last 2 years.
The most recent example is Flat 10, Alexander House 50, Cavendish Road, Sutton, SM2 5ER, a leasehold flat which sold for £187,000 on the 12th October 2023.
Read more about house prices in SM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cavendish Road, Sutton, SM2 has a total of 361 addresses. According to our analysis of all the public data, Flat 10, Farendon House 48, Sutton is the 311th largest and the 321st most expensive property on the street.
When compared to the postcode district it is £366k less expensive than the average property in SM2.
The nearest school is Devonshire Primary School which is 407 metres away. The nearest train station is Sutton (London) which is 500 metres away.
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