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Public records show Flat 15, Scarlet House 17, Wallington to be a modern leasehold apartment with 753 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 15, Scarlet House 17, Wallington has an estimated sale value of £397,486 and an estimated rental value of £1,838 per month, assuming reasonable condition and based on the information available.
The apartment sits within Scarlet House, Thimble Crescent, Wallington, SM6.
Thimble Crescent, Wallington, SM6 lies in the borough of Sutton, within the SM6 postal district.
Flat 15, Scarlet House 17, Wallington has a single entry in the Land Registry from March 2023 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.
In very good condition, we estimate Flat 15, Scarlet House 17, Wallington would be worth £417,360, with a potential rental value of £1,930 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £369,662, with a rental value of £1,709 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 15, Scarlet House 17, Wallington has moved down by £10,654 (2.7%) over the last year. During the same period, its estimated monthly rental value has increased by £63 (3.4%). The property's estimated gross yield is currently 5.5%.
Flat 15, 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.
Flat 15, Scarlet House 17, Wallington last changed hands on 3rd March 2023, selling for £432,495. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 21.2% since March 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of Flat 15, Scarlet House 17, Wallington across the last 2 years.
Most recently, Flat 24, Scarlet House 17, Thimble Crescent, Wallington, SM6 7FR, a leasehold flat, sold at £433,995 on the 5th April 2023.
Read more about house prices in SM6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 15, Scarlet House 17, Wallington as the 70th largest and the 49th most expensive of the 178 addresses on Thimble Crescent, Wallington, SM6.
Against the SM6 postcode district average, it is £37k less expensive than the typical property.
Hackbridge station is the nearest stop to Flat 15, Scarlet House 17, Wallington at 200 metres away.
Environment Agency data suggests this area has a low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 15, 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 15, 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 15, 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 15, 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.