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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 17, Ocean House, Sutton is £308,565 and the estimated rental value is £1,508 per month.
The apartment is within Ocean House, Station Approach, Cheam, Sutton, SM2.
Station Approach, Cheam, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 17, Ocean House, Sutton has a single entry in the Land Registry from December 2024 and a single entry in the EPC database dated September 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 17, Ocean House, Sutton is in very good condition we estimate a sale value of £323,994 and a rental value of £1,583 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,966 and a rental value of £1,402 per month.
Over the past 12 months, the estimated sale value of Flat 17, Ocean House, Sutton has dropped by £3,617 (1.2%), while its estimated rental value has risen by £57 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Flat 17, Ocean House, Sutton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Sep 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 17, Ocean House, Sutton was last sold on 23rd December 2024 for £300,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2024, the market for similar properties has dropped by 9.2%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 17, Ocean House, Sutton within a radius of 610 metres over the last 2 years.
The most recent example is Flat 7, Ocean House, Station Approach, Sutton, SM2 7AN, a leasehold flat which sold for £306,000 on the 28th February 2025.
Read more about house prices in SM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Approach, Cheam, Sutton, SM2 has a total of 104 addresses. According to our analysis of all the public data, Flat 17, Ocean House, Sutton is the 96th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £246k less expensive than the average property in SM2.
The closest station to Flat 17, Ocean House, Sutton is Cheam station, which is 0 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 17, Ocean House, Sutton, 69.8% of property is privately rented and 18.5% is privately owned outright.
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 17, Ocean House, Sutton, 19.6% of residents are recorded as possessing school level qualifications and 44.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 17, Ocean House, Sutton, the average age was 42.2 and the most common age was 42.
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 17, Ocean House, Sutton, 0.3% 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 17, Ocean House, Sutton, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.