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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, Bedford Terrace 40, Sutton is £247,823 and the estimated rental value is £1,473 per month.
The apartment is within Bedford Terrace, Cedar Road, Sutton, SM2.
Cedar Road, Sutton, SM2 is located in the borough of Sutton within the SM2 postal district.
Flat 2, Bedford Terrace 40, Sutton has a single entry in the Land Registry from November 2017 and a single entry in the EPC database dated August 2017.
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, Bedford Terrace 40, Sutton is in very good condition we estimate a sale value of £260,214 and a rental value of £1,547 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,476 and a rental value of £1,370 per month.
Over the last 12 months the sale value of Flat 2 Bedford Terrace 40 Sutton has decreased by an estimated £4,958 (2.0%) and its rental value has increased by an estimated £51 per month (3.5%), giving an expected gross yield of 7.1%.
Flat 2, Bedford Terrace 40, Sutton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 2, Bedford Terrace 40, Sutton was last sold on 17th November 2017 for £260,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2017, the market for similar properties has dropped 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Bedford Terrace 40, Sutton within a radius of 340 metres over the last 2 years.
The most recent example is Flat 10, Bedford Terrace 40, Cedar Road, Sutton, SM2 5DS, a leasehold flat which sold for £245,000 on the 17th April 2024.
Read more about house prices in SM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Road, Sutton, SM2 has a total of 456 addresses. According to our analysis of all the public data, Flat 2, Bedford Terrace 40, Sutton is the 209th largest and the 215th most expensive property on the street.
When compared to the postcode district it is £303k less expensive than the average property in SM2.
The nearest school is Devonshire Primary School which is 596 metres away. The nearest train station is Sutton (London) which is 400 metres away.
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