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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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Flat 11, Scarlet House 17, Wallington is recorded publicly as a modern leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 11, Scarlet House 17, Wallington is £368,062 and its rental estimate is £1,714 per month, given the available information and assuming reasonable condition.
Scarlet House, Thimble Crescent is a residential building on Thimble Crescent, Wallington, SM6 and falls within the SM6 postal district and the borough of Sutton.
Flat 11, Scarlet House 17, Wallington has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated October 2022.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 11, Scarlet House 17, Wallington, we estimate a market value of £386,465 and a rental value of £1,800 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £342,298 and £1,594 per month respectively.
Over the last year, Flat 11, Scarlet House 17, Wallington has seen its estimated sale value decrease by £9,866 (2.7%) and its estimated rental value grow by £59 per month (3.4%). This results in an estimated gross rental yield of 5.6%.
Flat 11, Scarlet House 17, Wallington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
The most recent sale of Flat 11, Scarlet House 17, Wallington completed on 15th December 2022 at £405,995 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 21.4% over the period since December 2022.
Over the past 2 years 3 properties similar to Flat 11, Scarlet House 17, Wallington have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2023, was Flat 19, Scarlet House 17, Thimble Crescent, Wallington, SM6 7FR, a leasehold flat which sold for £380,000.
Read more about house prices in SM6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 178 addresses on Thimble Crescent, Wallington, SM6, Flat 11, Scarlet House 17, Wallington comes out as the 111th largest and the 86th most expensive in our analysis of the public data.
It is also £67k less expensive than the average property across the SM6 district.
From Flat 11, Scarlet House 17, Wallington, the nearest station is Hackbridge, 200 metres away.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 11, Scarlet House 17, Wallington, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 11, Scarlet House 17, Wallington, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 11, Scarlet House 17, Wallington, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 11, Scarlet House 17, Wallington, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
