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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 2, 1, Elgin Road, Wallington is £247,142 and the estimated rental value is £1,349 per month.
The apartment is within 1, Elgin Road, Wallington, SM6.
Elgin Road, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
Flat 2, 1, Elgin Road, Wallington has 71 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated March 2024.
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.
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 2, 1, Elgin Road, Wallington is in very good condition we estimate a sale value of £259,499 and a rental value of £1,416 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,842 and a rental value of £1,254 per month.
Over the last 12 months the sale value of Flat 2 1 Elgin Road Wallington has decreased by an estimated £3,206 (1.3%) and its rental value has increased by an estimated £45 per month (3.3%), giving an expected gross yield of 6.5%.
Flat 2, 1, Elgin Road, Wallington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Mar 2024.
The property is 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 2, 1, Elgin Road, Wallington was last sold on 11th October 2024 for £280,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since October 2024, the market for similar properties has risen 11.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 1, Elgin Road, Wallington within a radius of 360 metres over the last 2 years.
The most recent example is Flat 2, 23A, Clarendon Road, Wallington, SM6 8QX, a leasehold flat which sold for £260,000 on the 7th March 2025.
Read more about house prices in SM6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elgin Road, Wallington, SM6 has a total of 87 addresses. According to our analysis of all the public data, Flat 2, 1, Elgin Road, Wallington is the 25th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £192k less expensive than the average property in SM6.
The nearest school is Bandon Hill Primary School which is 571 metres away. The nearest train station is Wallington which is 300 metres away.
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